J.C. Flowers Completes $125-Million Equity Investment in Capital Funding Bancorp, Inc.
Summary
As our business continues to grow, this investment will support our trajectory and enable us to maintain our big bank capabilities and expertise, coupled with our relationship-driven boutique bank service, that differentiate us in the market, said Jack Dwyer, the Companys Chairman. For 30 years, we have embraced our entrepreneurial and personalized approach that has allowed us to execute creative, unique solutions to help our clients reach and exceed their goals. Through this partnership, we look forward to continuing our track record of consistent, profitable growth.CFG Bank is the largest bank headquartered in Baltimore, and among the five largest healthcare bridge-to-HUD lenders in the country, with more than 30 years of experience in the sector. The Bank currently has over $5 billion in assets, up from $1 billion in assets at the end of 2019.We are proud to support the growth of CFG Bank, a leader in both the consumer deposit banking market of Baltimore, my hometown, and nationwide in the market for healthcare and multifamily bridge lending, said Tom Harding, Managing Director of J.C. We are thrilled to collaborate closely with Jack Dwyer to help CFG Banks management team take advantage of the many growth opportunities in the market today.