Belvedere Capital

Among the first private equity firms to register as bank holding companies, the San Francisco-based bank investor is busy raising a third fund to acquire small to middle market financial institutions. To date, it has invested in 18 banks, mostly in California.

The San Francisco-based private equity firm has partnered with Green Bancorp and Redstone Bank to acquire new banks in Texas.

With a little regulatory creativity, four US private equity firms have carved out a banking niche. More are sure to follow. By Cezary Podkul.

The Federal Reserve has issued new policy guidelines that will make it easier for private equity investors to take larger stakes in US banks.

Illinois is one of the few states that have passed into legislation a law banning state money from going into Sudan-linked businesses. The rule has already gotten some state pension money banned from certain partnerships. Ken MacFadyen reports.