The Mission Driven Bank Fund is a collaborative effort. Leading U.S. Bank specialist Elizabeth Park Capital Management and impact investing pioneer Calvert Impact are teaming up as fund managers, while Strategic Value Bank Partners will serve as sub-advisor. Microsoft and Truist Financial are providing anchor investments.
Photo credit: Claire Bangser – Roots and Wings Creative
Established in 2008, Elizabeth Park Capital Management is an institutional-focused, independent, and privately held alternative asset manager managing long/short equity, long-only, and bespoke products focusing on U.S. banks. EPCM uses propriety models, processes, and framework to analyze banks and construct investment portfolios. The firm supports community bank technology investment through a partnership with Strandview Capital and the Btech Consortium Fund.
Calvert Impact is a global nonprofit investment firm that helps investors and financial professionals invest in solutions that people and the planet need. During its 25+ year history, Calvert Impact has mobilized over $4 billion to grow local community and green finance organizations through its flagship Community Investment Note™ and structuring services. Calvert Impact uses its unique position to bring the capital markets and communities closer together.
Strategic Value Bank Partners is an investment firm focused exclusively on the community banking industry. The firm leverages over 80 collective years of bank investing and industry operating experience to create a concentrated portfolio of bank investments. Strategic Value Bank Partners offers a private equity approach to community bank investing by combining the experience and perspective of an operator with the rigorous analysis of an institutional investor. The firm believes in the importance of community banks to local economies and prides themselves on providing patient investment capital, strategic guidance, resources, and best-practices to the banks they partner with.
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank. Truist Bank, Member FDIC.