Press Release (June 30, 2021)
Jeffery Holmes and Clint Campbell, the General Partners of Cephas Capital Partners III, LP (“Cephas III”), are pleased to announce that fundraising for their third licensed Small Business Investment Company (“SBIC”) has been completed, with additional private capital commitments taking the fund to the targeted $15 million level. S&T Bank, headquartered in Indiana, PA, has been added as a new Limited Partner and Genesee Regional Bank, based in Rochester, NY, agreed to increase its’ capital commitment to the fund. Cephas III is now positioned to invest between $500,000 and $4.5 million in deserving businesses across the region for needs that can not be met by traditional banking sources. With the S&T Bank footprint including NY, PA, and Ohio, the Partnership looks forward to addressing the Bank’s customer and prospect needs across this expended geography.
All inquiries should be directed to Jeffrey Holmes (jholmes@cephascapital.com) or Clint Campbell (ccampbell@cephascapital.com.)
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