Castle Creek Capital

Overview

Castle Creek Capital is an alternative asset management firm dedicated to the financial services sector, with a focus on community banking and financial technology that drives fundamental improvement within the sector. Located in San Diego, California and Dallas, Texas, the firm has been a leading investor in community banking since its inception in 1990, having raised and managed eight private equity funds and multiple special situations funds. Castle Creek currently manages roughly $800 million in assets under management and has deployed roughly $1.8 billion of capital in the sector since inception. The firm's investment strategy centers on sourcing and investing in undervalued assets within the community banking industry, aiming to unlock latent value through operational improvements and strategic refocusing. Castle Creek targets smaller, healthier banks that are under-performing or lack critical mass, offering resources to implement roll-up acquisition programs. The firm specializes in operating, recapitalizing, and strategically refocusing U.S.-based banks, with a particular emphasis on those with less than $10 billion in assets. Castle Creek's team comprises professionals with extensive experience in the financial services sector, including commercial banking, private equity, institutional investment management, alternative investments, insurance, investment banking, and mergers and acquisitions. This diverse expertise enables the firm to navigate the regulatory, political, operating, and accounting complexities unique to community banks and financial service companies. The firm's disciplined investment process and commitment to long-term success have established it as a trusted partner in the community banking industry.

Investment Focus

• Focus on community banking and financial services sector
• Target companies with less than $10 billion in assets
• Interest in operational improvements and strategic refocusing