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Investments

Forbright Bank

Strategy:
Equity Strategies

Sector:
Banking

Transaction Type:
Growth; Recapitalization

Status:
Current

Investment Year:
2021

Geography:
United States

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Forbright, Inc.

Forbright is a full-service bank, direct commercial lender, and consumer lender, committed to playing an important role in accelerating the transition to a sustainable, clean energy economy. The Company offers a full suite of direct lending, deposit, checking, and transaction processing capabilities via its regulated bank and provides asset management services to over 300 financial institutions.

In early 2021 Gallatin Point, alongside Centerbridge Partners and Bayview Capital, led a $345M common equity recapitalization of Forbright to support growth and the transition to a sustainability-focused bank.

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