Founded in 1985 by the same management that runs the bank today, First Republic Bank (NYSE: FRC) is a private banking and wealth management company that specializes in delivering personalized, relationship-based services and providing loans principally for real estate and real-estate related services. Clients are largely businesses and high net worth individuals. The bank operates more than 60 offices in 10 major U.S. markets with an emphasis on California and New York.
- Investment Dates: June 2010 to December 2012
- Status: Realized
- GI Role: Minority Investor