StoneCastle Asset Management, LLC (“SAM”) is a registered investment advisor that was originally organized to serve as an external manager to one or more publicly-traded closed-end investment companies. StoneCastle’s team developed an innovative, first-of-its-kind, structure for a permanent capital vehicle tailored to investing in capital securities issued by community banks. StoneCastle Financial Corp. (NASDAQ: BANX) completed its initial public offering on November 13, 2013. SAM served as the external manager of BANX from its IPO until SAM sold its closed-end fund management business to ArrowMark Partners in February 2020. At present, SAM manages private funds on behalf of institutional clients.