Overview
Patriot Financial Manager, L.P., (“Patriot”) is a private fund management firm primarily
focused on investing in community banks, thrifts and other financial services related
companies throughout the United States.
Patriot was co-founded in 2007 by Ira M. Lubert, James Lynch and Kirk Wycoff
(collectively, “the Co-Founders”). The day-to-day operations of Patriot are led by Messrs.
Wycoff and James F. Deutsch (“Managing Partners”). Patriot’s investment team consists
of more than 13 experienced investment professionals with various backgrounds in banking
and the financial services industry.
Patriot provides investment management services exclusively to its Funds, which are
privately offered pooled investment vehicles organized as limited partnerships, to which
each Fund’s general partner is an affiliate of Patriot. No Fund’s shares are offered hereby,
and each Fund is open for investment only via a “private offering.” Patriot manages closed-
end private equity fund structures. The Funds are intended only for investment by
“accredited investors,” “qualified clients” and “qualified purchasers” as those terms are
defined under the Federal securities laws. References herein to Patriot may include, as the
context requires, various entities controlled by Patriot
or its principals and partners, and
through which Patriot provides investment management services including Patriot
Financial Advisors, L.P., and entities that serve as the Funds’ general partners are
collectively known as Relying Advisers.
Patriot Financial Partners II, L.P. and Patriot Financial Partners Parallel II, L.P.
(collectively known as “Fund II”); Patriot Financial Partners III, L.P. (“Fund III”); Patriot
Financial Partners IV, L.P. and Patriot Financial Partners Parallel IV, L.P., (collectively
known as “Fund IV”), together known as the “Patriot Private Equity Funds,” will invest in
both publicly traded and private community banks, financial services and financial
technology firms “closely related” to the banking sector.
Each Funds’ investment objective aims to provide investment returns net of fees and
expenses as described in further detail in each of the Fund’s organizational documents
including but not limited to the private placement memorandum, limited partnership
agreement, management and advisory agreements provided to investors (collectively, the
“Governing Documents”).
Assets under Management – As of December 31, 2023, Patriot manages $1,038,949,900 in
regulatory assets under management on a discretionary basis.