Philadelphia, PA (July 31, 2018) - Patriot Financial Partners recently announced the final closing of Patriot Financial Partners III, L.P. The fund closed with commitments of $387 million, exceeding its target of $300 million due to support from existing investors and demand from new investors. The fund was significantly oversubscribed.
Fund III will continue Patriot's strategy focused on investing in community banks, thrifts and financial services related companies throughout the United States.
Limited partner commitments were secured from a diverse group of institutional investors throughout the United States. Among these institutions were leading endowments, family offices, foundations, fund of funds, and public, corporate, and Taft-Hartley pension funds.
Stanwich Advisors, LLC acted as financial advisor and assisted the Patriot team in finding new Patriot Fund III investors.
About Patriot Financial
Founded in 2007, Patriot Financial Partners is a private equity firm focused on investing in community banks, thrifts and financial services related companies throughout the United States. Leveraging decades of hands-on, operational experience as Senior Management of community banks, the Partners of Patriot use their expertise to catalyze growth and improve the operations of each portfolio company. For additional information, please visit www.patriotfp.com
Stanwich Advisors, LLC is a leading independent investment bank that focuses exclusively on providing capital raising and advisory services to private equity firms globally. Stanwich Advisors utilizes its seasoned fund placement team to provide senior, hands-on execution for a limited number of clients each year. Since 1996, the Stanwich Advisors team has raised in excess of $20 billion for more than 40 private equity funds. For more information on Stanwich Advisors, please visit www.stanwichadvisors.com.
Stanwich Advisors, LLC