July 26, 2016 1:52 AM ET

Capital Markets

Company Overview of PL Capital, LLC

Company Overview

PL Capital, LLC is a privately owned hedge fund sponsor. The firm provides its services to qualified individuals, corporations, pension plans, individual retirement accounts, keoghs, and trusts. It invests in the public equity and fixed income markets of the United States. The firm invests in value stocks of companies having market capitalizations ranging from $50 million to $3 billion. It typically invests in banking industry and thrifts. PL Capital, LLC was founded in 1995 and is based in Naperville, Illinois with an additional office in Morristown, New Jersey.

47 East Chicago Avenue

Suite 328

Naperville, IL 60540

United States

Founded in 1995





Key Executives for PL Capital, LLC

Age: 55
Age: 57
Chief Compliance Officer and Chief Financial Officer
Managing Director of Investor Relations and Business Development
Age: 51
Compensation as of Fiscal Year 2016.

PL Capital, LLC Key Developments

Lorain National Bank Reportedly Up For Sale

According to Bloomberg, The Lorain National Bank has hired Sandler O’Neill & Partners LP to solicit offers for itself. LNB recently asked for first-round bids and could select a buyer in about a month, according to the people cited in the Bloomberg report. Senior Vice President, Peter R. Catanese declined to comment on the reports from Bloomberg and other news outlets. Lorain National is said to be under pressure to sell from activist investor PL Capital LLC.

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