Fieldpoint Private Raises $34 Million in New Capital
News related to:Fieldpoint Private · 2 min read
GREENWICH, Conn., Sept. 23, 2026 /CourierPR/ -- Fieldpoint Private, a private commercial bank headquartered in Greenwich, Connecticut, has successfully raised $34 million in new capital, marking a significant milestone in its strategic growth and balance sheet repositioning. The bank, which has been focused on serving middle-market companies and high-net-worth families, has drawn strong interest from both institutional investors and existing shareholders. The capital raise, led by Strategic Value Bank Partners, LLC, and participated in by GCP Capital Partners and Patriot Financial Partners, underscores the bank’s commitment to its distinctive private client strategy.
This capital infusion will enable Fieldpoint Private to accelerate its growth strategy and strengthen its balance sheet. The bank has already completed a $210 million repositioning of its balance sheet, replacing higher-cost wholesale funding with lower-cost, more stable core deposits and acquiring higher yielding, high-quality assets. With the additional capital, Fieldpoint Private will be well-positioned to continue these improvements throughout 2027 and beyond.
The bank has also made significant progress in transforming its leadership and operations. Whitwell, who was appointed CEO in July 2025, has added David Bagatelle as Chief Banking Officer, Carol Feeley as Chief Credit Officer, and Ian Cox as Chief Risk Officer to the leadership team. These changes have contributed to substantial improvements in the bank’s financial performance year over year.
Fieldpoint Private has exited non-core activities, including the sale of its trust company in August 2025, redeploying capital and resources into its core private commercial bank. The bank has also transformed its operating platform to create an efficient, effective, and scalable operating system, utilizing contemporary capabilities and practices in technology and artificial intelligence (AI).
The bank’s new leadership team has brought discipline and focus to the organization, evident in the focus shown in executing its strategy. This focus has given confidence to investors, as evidenced by the participation of Strategic Value Bank Partners, LLC, GCP Capital Partners, and Patriot Financial Partners in the capital raise. The bank’s recent repositioning and the addition of key leadership positions have positioned it to continue its growth trajectory.
The $34 million capital raise is part of a broader transformation at Fieldpoint Private, which has seen new leadership and a concentrated strategic focus on serving middle-market companies and high-net-worth families. The bank’s single point of contact, team-based model, and consultative approach to client service have positioned it to serve these clients effectively and efficiently.
The bank has also taken steps to align its operations with modern banking practices, including the use of AI and contemporary technology. These efforts are expected to support the bank’s continued growth and success in the coming years.
Fieldpoint Private, a private commercial bank serving clients in the New York metro area and nationally, has successfully raised $34 million in new capital. This capital infusion will enable the bank to accelerate its growth strategy, strengthen its balance sheet, and continue its transformation efforts. The bank’s recent leadership changes and operational improvements have positioned it to continue its momentum and serve its clients effectively. The bank’s focus on its core business and its commitment to modern banking practices are expected to support its continued success.