PL Capital Advisors, LLC (“PL Capital Advisors”) is a Delaware limited liability company
formed in January 2006 with its principal place of business located at 750 Eleventh Street South,
Suite 202, Naples, FL 34102. PL Capital Advisors is controlled by John W. Palmer and Richard J.
Lashley who are each co-managing members having overall responsibility for the day-to-day
supervision and management of PL Capital Advisors’ business.
At this time, PL Capital Advisors provides investment advice to four private investment
funds, Financial Edge Fund, L.P., Financial Edge-Strategic Fund, L.P., Goodbody/PL Capital,
L.P., and PL Capital/Focused Fund, L.P., all Delaware limited partnerships (the “Funds”). Each
of the Funds is what is commonly referred to as a 3c-1 fund which refers to a section of the
Investment Company Act of 1940, as amended (the “ICA”). Such Funds are currently open to
investors who are “accredited investors” as defined in Rule 501 of Regulation D under the
Securities Act of 1933, as amended (the “Securities Act”), and satisfy the “qualified client”
standard of the Investment Advisers Act of 1940, as amended (the “Advisers Act”). PL Capital,
LLC and Goodbody/PL Capital, LLC (the “General Partner Entities”) serve as the general partner
of one or more of the Funds and are also controlled by Mr. Palmer and Mr. Lashley.
PL Capital
Advisors directs the investment program of the Funds on a discretionary basis
based on the investment strategy as described in Item 8: Method of Analysis, Investment Strategies
and Risk of Loss. PL Capital Advisors conducts its own fundamental research of a wide range of
“community” and regional banks and thrifts to determine their qualification for initial and
continuing investment by the Funds. As part of its investment strategy, the Funds have a broad
mandate to invest and trade in a variety of securities, including equity, debt or convertible
securities, options, domestic and foreign securities and non-publicly traded securities, primarily
all within the banking sector.
PL Capital Advisors provides portfolio advisory and management services to the Funds
based on their investment objectives, not based on the criteria or investment objective of any
individual investor that contributes capital to the Funds (an “Investor”). Services are provided to
the Funds in accordance with the Agreement of Limited Partnership of each Fund (each a “Limited
Partnership Agreement”).
PL Capital Advisors does not participate in wrap fee programs.
As of December 31, 2023, PL Capital Advisors managed approximately $304,853,451 in
assets on a discretionary basis. PL Capital Advisors does not manage any assets on a non-
discretionary basis.