PGP Capital Advisors provided a fairness opinion to the Board of Directors of Saehan Bancorp regarding the terms of a private placement of new equity capital. Additionally, PGP arranged the pivotal portion of the financing that satisfied the minimum threshold amount that was required to consummate the private placement.

Saehan Bancorp is a bank holding company with headquarters in Los Angeles, California. Its wholly owned subsidiary, Saehan Bank, offers a comprehensive range of financial solutions, primarily targeting the Korean-American community.