TriState Capital Closes $105 Million Capital Raise, Issuing Common Equity, Convertible Preferred Stock and Warrants to Funds Managed by Stone Point Capital LLC

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Dec 30, 2020
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TriState Capital Holdings, Inc. (Nasdaq: TSC) (“TriState Capital” or the “company”) on Wednesday completed its previously announced plans to raise $105 million in capital, pursuant to its October 10, 2020 definitive investment agreement with funds managed by Stone Point Capital LLC (“Stone Point”).