Patriot Financial Partners Acquires Significant Stake in TowneBank
Patriot Financial Partners GP II, L.P. has acquired a new position in TowneBank, purchasing 1,518,143 shares valued at approximately $52.73 million. The position now accounts for 13.16% of the fund's reportable AUM. The investment was disclosed in an SEC filing dated May 6, 2026.
Tickers: $TOWN
Topics: investment funds portfolio changes SEC filings stock positions