ArrowMark completed the acquisition of bank investment platform of StoneCastle.

ArrowMark Partners, an asset management firm, completed the acquisition of the bank investment platform of StoneCastle Asset Management, an investment management firm. Financial terms were not disclosed. “We believe ArrowMark’s proven and differentiated bank-related investment platform, combined with StoneCastle’s capabilities and community banking relationships, has the ability to provide stockholders with attractive portfolio opportunities, consistency of our investment management approach and our stockholder-first philosophy,” Joshua Siegel, StoneCastle Chairman and CEO.