TriState Capital Signs a Definitive Agreement for $105 Million in New Capital to Fund the Company’s High-Growth Strategy for Its Financial Services Businesses

PITTSBURGH--(BUSINESS WIRE)--TriState Capital Holdings, Inc. (Nasdaq: TSC) (“TriState Capital” or the “company”) has entered into a definitive agreement with funds managed by Stone Point Capital LLC (“Stone Point”) to raise $105 million in new capital to fund the continued execution of the company’s high-growth strategy for its TriState Capital Bank and Chartwell Investment Partners businesses.