Commerce Street Income Partners Closes Second Fund

Commerce Street Income Partners has closed its second credit fund with $125 million in capital commitments. It will focus on acquiring senior pieces of securitized bank holding company debt.

PRESS RELEASE

A final closing on the Commerce Street Income Partners II, LP & Ltd. fund (CSIP II, “the Fund”) was completed on July 30, 2010, bringing its total to approximately $125 million. This announcement was made today by Dory A. Wiley, President and CEO of both Commerce Street Investment Advisor LLC, a federally registered investment advisor, and affiliated firm Commerce Street Capital LLC.

An opportunity-driven credit fund, CSIP II seeks to obtain returns in excess of those available through traditional investments by investing primarily in the senior pieces of securitized bank holding company debt. CSIP II strives to invest a majority of the funds in the highest rated and best quality credits.

“CSIP II’s final closing is indicative of the growing interest by private and public investors in the credit sector,” stated Wiley. “We are very pleased with the positive response from the investor community and believe by continuing in the market for these credits we were able to take advantage of the dislocation in pricing for this niche asset class. Our team was fortunate as dislocated opportunities are still available in this niche sector, versus other areas of the credit market.”

CSIP II shares a common ownership with Commerce Street’s principals Dory A. Wiley, James B. Gardner and William D. “Tex” Gross. Wiley and a team of experienced professionals provide the investment advisory services to CSIP II, as well as four other affiliated funds. The team has deep experience working with community and regional banks and other financial institutions. This industry expertise, combined with Commerce Street’s niche strategies, provides product offerings that few, if any, firms can match.

About Commerce Street Investment Advisor and Commerce Street Capital
Investment advisory services for CSIP II are offered through Commerce Street Investment Advisor, LLC (CSIA) a federally registered investment advisor headquartered at 1700 Pacific Avenue, Suite 2020, Dallas, TX 75201. CSIA is affiliated with Commerce Street Capital, LLC (CSC), a privately held asset management, capital markets and advisory firm focused on investing in and advising community and regional banks across the United States. CSC is headquartered at 1700 Pacific Avenue, Suite 2020, Dallas, TX 75201. For more than 22 years, the firm’s leaders have built their reputations as leading investment bankers, financial advisors and investors in community banks. For more information, visit www.commercestreetcapital.com or contact Brian DeFee 214-545-6814. CSC is a member of FINRA/SIPC.