Obama's Choice For Fed Is A Nod to Smaller Banks

January 6, 2015
The New York Times: Benyamin Appelbaum
President Obama said on Tuesday that he would nominate Allan R. Landon, the former chief executive of one of the largest banks in Hawaii, to a seat on the Federal Reserve’s Board of Governors.

Allan Landon Seen Boosting Community Bank Profile On Federal Reserve Board

January 6, 2015
Forbes: Antoine Gara
The Federal Reserve has been busy with so-called ‘too big to fail’ banks since the financial crisis, but the newest member of the central bank’s Board of Governors brings a perspective rooted in the world of small banks.

Firm Offers Banks New Capital Strategy

February 1, 2013
Portland Business Journal: Matthew Kish
A new Portland firm that invests in banks is getting ready to close a series of deals.

Former Bank of Hawaii CEO Helps Launch Community Bank Fund

December 4, 2012
SNL Financial: Kevin Dobbs
Former Bank of Hawaii Corp. CEO, Allan Landon, nixed his banking retirement this year in favor of a new fund focused on investing in community bank debt...

Basel III Spurs More Banks to Consider Subordinated Debt

November 1, 2012
American Banker: Andy Peters
Subordinated debt could be an option for community banks that need to raise capital but want to avoid dilute existing shareholders...

General Partners

Frank Reppenhagen, Partner
Frank is a partner with CBC and founded the firm in 2012. Frank is responsible for managing the fund and all aspects of investing including sourcing, structuring and monitoring investments. From 2004-2011, Frank was a Principal with Concentric Equity Partners, a private investment subsidiary of Financial Investments Corp, the family office of the Chicago-based Steans family. In this capacity, Frank structured community bank investments and worked closely with bank management teams to achieve their strategic goals. The bank portfolio included USAmeriBank in Florida, Taylor Capital (NASDAQ: TAYC) in Illinois and Aliant Bank in Alabama. Prior to this, Frank spent 10 years involved in the acquisition, turnaround and sale of a private manufacturing business. Frank earned a BS Industrial Engineering from SUNY Buffalo and an MBA from University of Chicago.

Allan Landon, Partner
Al is a partner with CBC and responsible for sourcing , evaluating and monitoring investments. Al retired in 2010 as Chairman and CEO of Bank of Hawaii (NYSE: BOH), a NYSE company with a market value exceeding $2 billion. Bank of Hawaii, noted for its asset quality, financial results, and disciplined management, was selected by Forbes Magazine as the "Best Bank in America" in both 2009 and 2010. Prior to becoming CEO, Al served as Chief Risk Officer and CFO for Bank of Hawaii. Before joining BOH in 2000, Al was CFO of First American, a $20B commercial bank in TN and prior to that he was a Partner with Ernst & Young, where he worked for 28 years in several Midwest and Eastern offices. Al also held positions of leadership of numerous community and business organizations. He serves as a director of the Smithsonian Institution, Public Broadcasting Systems and MidFirst Bank in Oklahoma City. He is a graduate of Iowa State University.