# Maltese Capital Management

Maltese Capital Management is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2002
- **Assets under management:** Micro (Under $500M) (Altss estimate)
- **Website:** maltesecapital.com

## Regulatory record

- **CRD number:** 138175
- **SEC file number:** 801-71969
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/138175

## About

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.

## Sectors

- Financials
- Real Estate
- Mergers & Acquisitions
- Activism

## People

- Terrence J. Maltese — Managing Member, CIO

## 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.

## Related profiles

- [Spurgeon Financial Group](https://altss.com/profile/spurgeon-financial-group)
- [W. C. Buckingham, CPA](https://altss.com/profile/w-c-buckingham-cpa)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/maltese-capital-management-llc

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