Recent News
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2006
- First Southern Bancorp Strengthens Capital Levels with $400 Million Raised through Private Stock Offering
Belvedere Fund II-A is proud to announce its participation in the consortium of institutional investors that recapitalized First Southern Bancorp. Please see below for more information concerning this transaction.
February 2, 2010
- Seaside Raises in Excess of $40 Million in New Capital to Assist with Continued Growth
Seaside National Bank & Trust announces its completion of an over $40 million capital raise.
November 30, 2009
- Seaside National Bank & Trust Named #1 Medium Sized Company to Work for in Florida
One-hundred companies were recognized in small, medium and large company categories. The rankings – the first statewide Best Companies list – appear in the August issue Florida Trend and on FloridaTrend.com.
July 27, 2009
- NextStep Defined Contribution Purchases Assets of BenefitStreet
Independent 401(k) Recordkeeper Plans Seamless Continuation of Operations and Assumes Servicing of All Former BenefitStreet Accounts.
April 13, 2009
- Belvedere SoCal Announces Appointment of Mary Lynn
D. Lenz
as President and CEO
Belvedere SoCal and its subsidiary bank Professional Business Bank today announced the appointment of Mary Lynn D. Lenz as President and Chief Executive Officer.
March 17, 2009
- E.P.I.C. Announces Acquisition of VRT Insurance Services, Inc.
Edgewood Partners Insurance Center announced it has entered into an agreement to acquire substantially all the assets of VRT Insurance Services, Inc.
January 30, 2009
- People on the Move - Spotlight
Steve Heitel, the new president and director of Presidio Bank, says community banks are in a better position than ever.
December 22, 2008
- Presidio Bank Names Steve Heitel President
Eyes Opportunities to Continue Bay Area Focus and Growth
December 8, 2008
- The Impact of the Financial Crisis on Workers’ Retirement Security
Expert testimony by Jerry Bramlett, BenefitStreet’s President & CEO, to the House Education and Labor Committee, U.S. House of Representatives
October 7, 2008
- Bank Holding Co. Structure Enables PE Investment
Unique structure allows PE firms to take control of banks and thrifts
October 7, 2008
- Private Equity Can Save the Banks
PE firms have demonstrated the ability to shoulder risk and improve the efficiency and profitability of the companies they invest in
June 26, 2008
- Fed Explores Steps to Channel Funds to Cash-Strapped Banks
Fed is considering steps to make it easier for private-equity firms and others to invest in banks
June 26, 2008
- The Presidio Post
First edition of Presidio Bank's quarterly newsletter
June 25, 2008
- Equity May Be Private, Won't Always Be Passive
Private Equity firms are seeking bank holding company status to increase their stakes
May 19, 2008
- Local Banks Seek Cover: Buyouts Not Seen as Likely
Is the environment ripe for bank buyouts?
May 17, 2008
- Presidio Bank Enters Marin with San Rafael Branch
Presidio Bank expanded into Marin with a new branch in downtown San Rafael
May 5, 2008
- PE Seeks Fortune in Banking, Again
PE firms have a good understanding of the ups and downs of the banking business
May 1, 2008
- Greenwade Named Green Bank CEO
Geoffrey Greenwade, a veteran Texas banker, has been named president and chief executive officer of Green Bank
April 3, 2008
- Seaside National Doesn't Look Like a Bank
Seaside National appeals to high-end tastes with branch’s upscale décor.
March 28, 2008
- Bramlett Lays Out TPA Strategy for BenefitStreet
New CEO explains the logic behind the firm's new strategy
February 28, 2008
- Belvedere SoCal Announces Appointment of William Baribault as CEO
Former Chairman of Professional Business Bank and Director of Belvedere SoCal now serves as CEO.
February 28, 2008
- Jerry Bramlett Appointed Chief Executive Officer at BenefitStreet
401(k) industry veteran, Jerry Bramlett, has been named as the new President and Chief Executive Officer.
February 5, 2008
- Belvedere Capital and Belvedere SoCal Complete Acquisition of Spectrum Bank
Acquisition of Spectrum Bank adds 3 branches to Belvedere SoCal Footprint.
February 1, 2008
- BofA, Presidio Names East Bay Execs.
East Bay banker Michael Skubic joins Presidio Bank.
January 11, 2008
- Timberlake to Head Seaside Board
Banking industry veteran, Ed Timberlake, joins Seaside National Bank & Trust board of directors.
January 8, 2008
- Presidio Bank Names New Executive to Head East Bay Commercial Banking Team
Presidio Bank announced the appointment of Michael Skubic to expand its commercial banking activity in the East Bay.
January 7, 2008