First Citizens Bank Names Eugene Weissberger to Sponsor Finance Position ​

NEW YORK – July 15, 2024 -- First Citizens Bank today announced that Eugene Weissberger has been appointed as a managing director in the Sponsor Finance group, where he will be focused on supporting financial sponsors and family offices in the Midwest and on the West Coast.

Weissberger will be responsible for developing and maintaining relationships with middle market sponsors and family offices while providing cash-flow and asset-based lending solutions to support their transactions. In addition, he will be positioned to help deliver the bank’s full suite of commercial banking products and services, including treasury management and interest rate derivatives, among others, to their portfolio companies. He is based in Chicago.

“Eugene has significant experience in structuring and executing middle market private equity financings and his capital advisory expertise will be valuable as we provide a greater range of services to our sponsor clients,” said Jim Hudak, president of First Citizens Commercial Finance. “Eugene is a great addition to our growing Sponsor Finance platform as we expand our presence in the Midwest.”

Weissberger brings nearly 20 years of sponsor finance and capital markets experience to First Citizens, having most recently served as managing director and head of debt advisory for Mesirow Financial. Throughout his career, he has held roles of increasing leadership at Baird, BMO, Natixis and Citigroup. He also currently sits on the Board of ACG’s M&A and PE committee. Weissberger holds a bachelor’s degree in business administration from Penn State University.

Sponsor Finance works in conjunction with Silicon Valley Bank’s Global Fund Banking platform, the premier fund finance partner to private equity firms. The Global Fund Banking team delivers a comprehensive set of banking and lending solutions to private equity firms and their funds, along with providing valuable market insights and curated industry connections.

First Citizens Sponsor Finance provides private equity and family office clients with the full capabilities of First Citizens Bank. Through a single point of contact, financial sponsors can access the bank’s cash-flow and asset-based lending solutions, as well as our debt capital markets and other capabilities.

About First Citizens Bank

First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 500 branches and offices in 30 states; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500™. Discover more at firstcitizens.com.