The community banking sector offers significant opportunities given the current situation with larger financial institutions and investment banks
New York, NY (PRWEB) July 17, 2008
StoneCastle Partners LLC, a New York-based investment manager with over $2.3 billion invested in more than 200 community banks in 43 states, has retained Rubenstein Public Relations (RPR) to raise awareness of its investment strategy and funds.
"The community banking sector offers significant opportunities given the current situation with larger financial institutions and investment banks," said RPR President Richard Rubenstein. "We will raise awareness of StoneCastle's investment potential in this difficult market."
RPR will focus on generating business and trade coverage, as well as issuing releases on transactions and other corporate and company news.
"We are pleased to be working with Rubenstein Public Relations," said Joshua S. Siegel, co-founder and managing principal of StoneCastle Partners LLC. "The firm's expertise in the financial services arena will assist us to raise our profile."
Founded in 2003, StoneCastle invests primarily in private and public equity and debt securities of small and mid-sized commercial and savings banks in the U.S. The firm currently has eight institutional funds with a strong performance track record in the community banking sector. Community banks comprise a $2.9 trillion industry composed of more than 8,100 banks in underserved markets.
About Rubenstein Public Relations
Rubenstein Public Relations (RPR) is a leading New York-based media relations firm specializing in high-end real estate, consumer products, financial services, technology and entertainment. The firm places a strong emphasis on the value of integrated programs, focusing on three core areas: media relations, message development and strategic planning. RPR has built a successful practice developing individualized programs that provide maximum brand recognition, helping to launch new businesses and generating added value for established brands.
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