Business
Affiliates of Castle Creek Capital Acquire $40 Million Equity Position From Legacy Stockholders in FirstSun Capital Bancorp
SAN DIEGO & DENVER, December 04, 2025--Castle Creek Capital, an alternative asset management firm focused on the financial services sector, with a specialization in the community banking industry, announced today that Castle Creek managed funds have acquired, from legacy stockholders, $40 million of common stock in FirstSun Capital Bancorp (the "Company" or "FirstSun"). In accordance with an agreement between affiliates of Castle Creek Capital and FirstSun, subject to satisfying all legal and re
About this update from Firstsun Capital Bancorp
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1000,"height":321,"url":"https://media.zenfs.com/en/business-wire.com/a1d6b97fd7458563faba7b05cdf1c64f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/FePIUlPbHXikn3ky.9acLg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMwODtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/a1d6b97fd7458563faba7b05cdf1c64f","width":960,"height":308},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/irhD9uwmBJtH75ReEST4cw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwMDA7aD02NDI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/a1d6b97fd7458563faba7b05cdf1c64f","width":1000,"height":321}},"lazy":false},{"type":"text","content":"SAN DIEGO & DENVER, December 04, 2025--(BUSINESS WIRE)--Castle Creek Capital, an alternative asset management firm focused on the financial services sector, with a specialization in the community banking industry, announced today that Castle Creek managed funds have acquired, from legacy stockholders, $40 million of common stock in FirstSun Capital Bancorp (the "Company" or "FirstSun"). In accordance with an agreement between affiliates of Castle Creek Capital and FirstSun, subject to satisfying all legal and regulatory requirements, it is expected that Spencer T. Cohn will join the Company’s board of directors upon the earlier of (i) the closing of the Company’s proposed merger with First Foundation Inc. ("First Foundation") and (ii) the 2026 annual meeting of the Company’s stockholders. Castle Creek is now one of FirstSun’s largest institutional stockholders, with a current ownership stake of approx. 4% as of December 4, 2025.","length":976,"tagName":"p"},{"type":"text","content":""The merger with First Foundation plays to CEO Neal Arnold’s and CFO Rob Cafera’s demonstrated strengths given the balance sheet re-positioning required to unlock First Foundation’s underlying core franchise," said Spencer T. Cohn, Director at Castle Creek Capital. "This combination allows management to substantially improve the Company’s already top-tier performance and also reduce its credit and liquidity risk profile given the complementary business mix and pristine asset quality at First Foundation. More importantly, we believe FirstSun’s enhanced pro forma run-rate an...