Castle Creek Capital

Castle Creek Advisors IV LLC provides investment advisory services to private equity funds, co‑investment vehicles, and discretionary and non‑discretionary managed accounts that principally invest in the banking and financial services sector. Its offerings are privately placed to accredited investors and qualified purchasers, and its investor base is typically institutional and high‑net‑worth clients rather than individual retail accounts.

The firm follows a four‑step investment process—screening, investment, operational execution and exit—frequently acting as a lead investor and taking board seats to implement operational, risk and capital changes at community banks. Castle Creek uses proprietary financial models to source and evaluate opportunities and can form customized “fund‑of‑one” vehicles and co‑investment structures to pursue special situations, including participation in Treasury TARP auctions.

Noteworthy and less common among peers, the ADV discloses that Castle Creek engages directly with corporate/business clients through board service and receives directors’ fees (with certain Funds offsetting 100% of such fees against management fees), uses placement agents in fundraising, and provides enhanced reporting or negotiated side‑letter terms to select investors; the firm’s marketing materials also include testimonials and endorsements. The firm reports approximately $1.13 billion in regulatory AUM and charges customary management and performance‑based fees to its pooled funds and managed accounts.