First Citizens Fund Banking is the new name for Silicon Valley Bank Global Fund Banking

First Citizens Fund Banking reflects our evolution as a division of First Citizens Bank, a top 20 U.S. banks by assets. Consolidating under the First Citizens brand creates stronger long-term brand equity and simplifies the client experience. Everything that defines our fund banking practice: our team, our products, and our commitment to the private equity and venture capital ecosystems, remains exactly the same.

New name. Same experience.

For clients and prospects, the transition to First Citizens Fund Banking means no disruption to your banking relationship. Your dedicated fund banking team, capital call lines, NAV loans, cash management, and foreign exchange services, etc. continue without change. No action is required from clients at this time. First Citizens Fund Banking will operate with the same products, the same team, and the same commitment to the private funds industry.

First Citizens Fund Banking provides an integrated suite of banking, lending and treasury solutions structured around three core needs: operating the firm, managing funds and supporting portfolio companies.

Solutions are organized across three areas:

• Firm operations: Working capital lines and treasury management to support the day-to-day financial needs of the GP entity
• Fund management: Capital call subscription lines, NAV loans and institutional cash management designed for fund-level liquidity and efficiency
• Portfolio company support: Sponsor finance, startup banking, middle market lending, wealth management and capital markets services for the companies and individuals a fund backs

First Citizens Fund Banking serves private equity, private credit and venture capital firms across every stage, strategy and fund structure—from early-stage venture to large-cap buyout. Coverage extends to the portfolio companies backed by those firms, as well as the general partners and executives who lead them.

Firm types and strategies served include:

• Private equity: Buyout, growth equity, fund of funds, infrastructure, real estate and secondaries
• Private credit: Direct lending, mezzanine and specialty finance strategies
• Venture capital: Seed through late-stage managers, including emerging managers and established multi-fund platforms
• Adjacent coverage: Portfolio companies at the startup and middle market level, and GP-level wealth and capital markets needs