EJF Capital LP announced the closing of TruPS Financials Note Securitization 2026-1, an approximately $305 million securitization backed by trust preferred securities, subordinated debt, senior unsecured notes, and surplus notes issued by U.S. community banks and insurance companies.
The transaction represents EJF Capital’s 17th public securitization completed since 2015 and its first transaction of 2026. Bank of America and Piper Sandler served as placement agents for the offering.
EJF Capital, a global alternative asset management firm headquartered near Washington, D.C., said the securitization reflects continued investor demand for exposure to financial institutions through structured products.
The firm, founded in 2005 by Manny Friedman and Neal Wilson, focuses on investment opportunities driven by regulatory change. As of December 31, 2025, EJF manages approximately $5.4 billion in assets across private credit, equities, real estate, venture capital, and separately managed accounts, including $2.9 billion in CDO assets through affiliates.
KEY QUOTES
“With the successful closing of TFINS 2026-1, we continue to demonstrate our deep structuring expertise and commitment to delivering differentiated investment opportunities. This transaction highlights our ability to navigate complex markets and meet investor demand for high-quality, risk-adjusted exposures in the financials space.”
Omer Ijaz, Senior Managing Director At EJF Capital
