ALL THE WAY TO THE BANK

With a little regulatory creativity, four US private equity firms have carved out a banking niche. More are sure to follow. By Cezary Podkul.

HOLDING FORTHPrivate equity firms registered as bank holding companies

NAME OF FIRM APPROXIMATE DATE NUMBER OF BANK HEADQUARTERS FOUNDERS
AUM ($M) FORMED INVESTMENTS
MADE SINCE FOUNDING
Castle Creek Capital $192 1995 42 Roncho Santa Fe Founded by former bankers
John Eggemeyer and William Ruh
Belvedere Capital $150 1996 18 San Francisco Founded by former board
member of the Federal Reserve
Bank of San Francisco Richard
Decker and Anthony Frank,
former US Postmaster General
CBIA $13 2006 1 Richmond (Virginia) Founded by lifetime bankers
Timothy Anonick and
Laurence Fentriss
CapGen $500 2007 1 New York Founded by former US
Comptroller of...

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