Patriot nears final close for third community bank fund


Banks, private equity, Patriot Financial,
Co-sponsors of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Sen. Christopher Dodd (L) and Rep. Barney Frank, wait for U.S. President Barack Obama to sign it into law at the Ronald Reagan Building in Washington, July 21, 2010. REUTERS/Larry Downing
  • Fund III targets $300 mln
  • Makes growth investments in community banks
  • Congress just passed bill easing rules on smaller banks
Patriot Financial Partners, which focuses on investments in community banks, is nearing completion of its fundraising for its third pool as Congress just made life easier for small banks. Patriot has raised more than its $300 million target for Patriot ...

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