Saturday, November 28, 2015

Lubert bank fund adds 2 pros

Team Capital Bank's James Deutsch, Quaker's Stephanie Langer join Independence Capital

Lubert bank fund adds 2 pros


Patriot Financial Partners LP, the $300 million Philadelphia investment fund set up by veteran Philadelphia business lender and bank ceo Jim Lynch, ex Progress Bank chief Kirk Wycoff and real estate investor/gambling mogul Ira Lubert (of Independence Capital Partners, the $12 billion-asset fund group whose clients include PA state pension funds) to buy small-bank stocks as the financial markets started falling apart in 2008, has boosted its team with the addition of:

- James Deutsch, founder and ex CEO of Allentown's Team Capital Bank; and

- Stefanie Langer, who spent the past 10 years as director - investor relations and business development at Pegasus Capital Advisors; she previously worked at Hamilton Lane Advisors, the Bala Cynwyd-based pension advisor, at Ernst & Young, and at the former CoreStates Capital Markets and United Jersey Bank. (Corrected) 


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PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at, 215.854.5194, @PhillyJoeD. Read his blog posts at and his Inquirer columns at Bloomberg posts his items at NH BLG_PHILLYDEAL.

Reach Joseph at or 215 854 5194.

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