Castle Creek acquires $40M equity position in FirstSun Capital Bancorp

Castle Creek Capital announced that its managed funds have acquired, from legacy stockholders, $40M of common stock in FirstSun Capital (FSUN) Bancorp, representing approximately a 4% ownership stake. As part of the agreement, it is expected that Spencer Cohn of Castle Creek will join FirstSun’s board of directors, subject to the closing of FirstSun’s proposed merger with First Foundation or the 2026 annual meeting of the company’s shareholders.