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Maltese Capital Management
Maltese Capital Management, LLC is an SEC-registered investment adviser in New York, NY, registered since 2010. The firm manages approximately $696 million in...
Maltese Capital Management
Maltese Capital Management, LLC is an SEC-registered investment adviser in New York, NY, registered since 2010. The firm manages approximately $696 million in assets. It has 17 employees and 9 investment advisers.
General information
Firm type
Asset Manager
Year founded
2002
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
Terrence J. Maltese
Managing Member, CIO
Sector focus
Frequently asked questions
What is Maltese Capital Management's core strategy?
The firm practices event-driven and activist equity investing, heavily concentrating on community and regional banks. It takes significant minority stakes, files 13D proxy statements, and uses board representation to push for mergers, recapitalizations, or outright sales of underperforming financial institutions.
Who runs investment decisions at Maltese Capital?
Terrence J. Maltese, the founder and managing member, serves as chief investment officer with ultimate authority over all portfolio decisions. Public records show he also takes board seats at certain portfolio companies to directly influence governance outcomes.
Does Maltese Capital focus on a specific geography?
The firm's disclosed 13F positions concentrate in the New York metropolitan tri-state area, with holdings in at least a dozen regional banks across New York, New Jersey, and Connecticut. It occasionally extends into Mid-Atlantic and Southeastern US community lenders.
What is the firm's activist track record?
Maltese Capital has a history of filing 13D proxy contests and minority-shareholder consent solicitations at bank holding companies. In February 2023, the firm disclosed a letter formally urging Flushing Financial Corporation's board to explore a sale process (per public SEC filing, February 2023).
How does Maltese Capital source its investments?
Sourcing relies on the founder's deep network in regional banking, derived from his own history as a lender and bank director. The firm identifies undervalued institutions through governance analysis, regulatory filing review, and direct boardroom access rather than inbound placement-agent channels.
Does the firm manage outside capital, or is it a single-family vehicle?
Maltese Capital Management is registered as an SEC investment adviser and reports as an institutional investment manager, not a single-family office. The capital structure likely includes both founder equity and external limited partners, though the firm's fundraising and AUM figures are not publicly disclosed.
Which sectors does Maltese Capital explicitly avoid?
Public filings do not demonstrate material positions outside financial services and real estate. The firm's core competency in bank governance means it effectively avoids technology, biotechnology, energy, and other capital-intensive sectors where board-level influence on regulated institutions would confer no structural advantage.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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