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Castle Creek Capital Raises Over $200 Million For Private Equity Fund

06.15.20

Simpson Thacher represented Castle Creek Capital in connection with raising over $200 million for Castle Creek Capital Partners VII. Castle Creek has been a leading investor in community banking since 1990. The Rancho Santa Fe-based firm raised money from a range of sophisticated investors, including public and corporate pension plans, foundations, and funds of funds, and exceeded its initial target of $200 million for Castle Creek Capital Partners VII. Castle Creek Capital Partners VII expects to make mostly minority investments in U.S.-based community banks.

The Simpson Thacher team included Michael Nooney, Robert Guo, Justin Thekkekara and Jonathan Kachiu (Private Funds); Jacqueline Clinton (Tax); Jeanne Annarumma (ERISA); and Jennie Getsin (Blue Sky).