Trust and stability,
with a touch of the entrepreneurial spirit.

Emigrant Capital is the private investment division of Emigrant Bank, the nation’s largest family-owned and operated bank. We invest directly from the bank's balance sheet, bringing broad financial capabilities, operational expertise, and longstanding industry relationships.

A Different Type of Equity Partner

Long-Term Patient Capital

We are part of a multi-generational family business and work with management teams to develop strategies based on companies’ long-term goals, rather than being driven by arbitrary timelines and fundraising cycles.

Flexible Investment Structures

We have the ability to tailor our financing solutions to each unique situation. We make both non-control and majority investments, and can provide capital in the form of debt, equity and hybrid securities.

Focus On Growth

Our goal is to help superior companies and management teams realize their full potential. We take a conservative approach when incorporating third-party debt, allowing management to focus on growth.

True Partnership

We believe equity partners should add value beyond just capital. We help companies achieve their operational and growth objectives, providing assistance with strategic planning, optimizing operations, and leading the development and execution of acquisition plans.​

We invest between $5 million and $30 million in businesses generating between $2 million and $15 million in EBITDA.

Our History Defines Who We Are

Emigrant has a long history of supporting the community, from financing the establishment of Central Park to aiding the recoveries following 9/11 and Hurricane Sandy. This commitment to community and the customers we serve has enabled the Bank to expand its operations, establish trust, and build its reputation as a sound and responsible financial institution. 

Core Values

Our motto is “Family to Family”. We believe good partnerships are built on honest communication and fair dealing. These values have been built over many generations by both Emigrant Bank and the Milstein family.

Emigrant Savings Bank

Emigrant Bank was established in 1850 and has been a trusted New York City institution for almost two centuries.

Investment Criteria

$10 - 100

Million of Revenue

$2 - 15

Million of EBITDA

$5 - 30

Million per Investment

INDUSTRIAL TECHNOLOGY

Business Services

Consumer Lifestyle

Representative Current and Past Partner Companies

Primetime healthcare
RYZE Mushroom Coffee

Our Solutions

We actively seek opportunities to partner with top-tier entrepreneurs and experienced operators.

For Business Owners & Families

ECC understands that it is paramount for the owners to preserve the reputation of the company.

For Advisors

We understand that advising and identifying the best solution for each client is your primary mandate.

For Independent Sponsors

We actively seek opportunities to partner with top-tier independent sponsors and experienced operators.

Our Team

Our firm is led by Howard P. Milstein and the Milstein family, widely acknowledged for their integrity and success over four generations investing in real estate, banking, manufacturing, technology, international business and philanthropy.

Investment Team

Chris Staudt
Chris Staudt
President
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Chris Staudt
Chris Staudt
President
Office: 917-262-5245
Email:
Experience
Chris is the President of Emigrant Capital Corp., which he joined in 2007. Prior to joining ECC, he was a founding member of Environmental Capital Partners, a middle-market private investment firm funded in part by Emigrant Bank. Before joining Emigrant, he spent the majority of his career in middle-market private equity and investment banking. In addition to his investing experience, Chris worked in rural Haiti as a Peace Corps Volunteer where he designed and implemented numerous community-based programs.
Education
Chris received a B.A. in Physics from Pomona College and an M.B.A. from Harvard Business School.
Bill Staudt
Bill Staudt
Vice Chairman
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Bill Staudt
Bill Staudt
Vice Chairman
Office: 917-262-5242
Email:
Experience
Bill Staudt is Vice Chairman of Emigrant Capital Corp. and an active member of its investment team. Prior to joining ECC in 2007, he was the Managing Partner of Environmental Capital Partners, a middle-market private investment firm founded by Emigrant Bank. Before joining Emigrant, Bill spent the majority of his career as an entrepreneur, acquiring and operating multiple businesses. He also led leveraged buyouts of middle-market companies in the United States and Europe and has experience as a commercial and residential real estate developer.
Education
Bill received a B.A. in Economics from Yale University and a J.D. from the University of Michigan Law School
Rafael-Romero
Rafael Romero
Managing Director
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Rafael-Romero
Rafael Romero
Managing Director
Office: 917-262-5243
Email:
Experience
Rafael is a Managing Director at Emigrant Capital Corp. and has responsibilities for deal origination, transaction execution, and portfolio management. Prior to joining ECC in 2016, he was an Investment Professional at Prospect Capital Management, a $5 billion publicly traded business development company where he was responsible for originating, executing and managing private equity and debt investments in a variety of industries. Prior to joining Prospect, he was an Analyst at Rockwood Equity Partners, an operationally orientated private equity fund, where he was responsible for transaction sourcing, analysis, due diligence and financing of lower-middle market industrial and service companies.
Education
Rafael received a B.A. in Business Administration from Augustana College and an M.B.A. from Harvard Business School.
Christopher Hammond
Christopher Hammond
Executive Vice President
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Christopher Hammond
Christopher Hammond
Executive Vice President
Office: 212-850-4407
Email:
Experience
Chris Hammond is an Executive Vice President at Emigrant Capital, which he joined in 2009. He has responsibility for the execution, monitoring, and management of its varied investments as well as the financial and regulatory aspects of the business. Prior to joining ECC, he was Vice President of life science and general private equity investing at Dresdner Kleinwort Wasserstein. He has also spent time in real estate investment analysis at Heitman Ltd., and economic consulting with Laffer, Canto, and Associates, as well as strategic management consulting.
Education
Chris received a B.A. in Economics from the University of Chicago and an M.B.A. from the University of Chicago, Graduate School of Business.
Duncan Rogers
Associate
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Duncan Rogers
Associate
Office: 917-262-5244
Email:
Experience
Duncan Rogers is an Associate at Emigrant Capital Corp., where he is responsible for transaction analysis, due diligence, and financial and operational modeling. Prior to joining ECC, he was an Investment Banking Analyst in the Consumer & Industrial Products Group at Matrix Capital Markets Group.
Education
Duncan received a B.A. in Finance from the University of Richmond.
Jordan Campbell
Analyst
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Jordan Campbell
Analyst
Office: 917-262-5249
Email:
Experience
Jordan Campbell is an Analyst at Emigrant Capital Corp., where he is responsible for transaction analysis, due diligence, and financial and operational modeling. Prior to joining ECC, he interned with Wells Fargo & Company as an Analyst for an Investment Manager.
Education
Jordan received a B.A. in Political Science from Brown University.

Executive Management

Howard Milstein
Howard Milstein
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Howard Milstein
Howard Milstein
Howard Milstein is Chairman and CEO of New York Private Bank and Trust, Emigrant Bank, Milstein Properties, and various Milstein Brothers operations throughout New York and Chicago.

His civic and philanthropic efforts include Chairman of the American Skin Association, Trustee Emeritus and Presidential Counsellor of Cornell University, Overseer of Cornell Medical College, among others. He is a member of the Harvard Law School Visiting Committee and of the Executive Committee of the HLS Dean’s Advisory Board. Mr. Milstein earned a B.A. in Economics, summa cum laude, from Cornell University and earned J.D./M.B.A. degrees from Harvard University.
Barry Friedberg
Barry Friedberg
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Barry Friedberg
Barry Friedberg
Barry Friedberg is Co-Chairman of the Boards of Directors of New York Private Bank & Trust and Emigrant Bank. Prior to joining the Milstein Organization, he was an Executive Vice President and member of the Executive Committee of Merrill Lynch. From 1985 to 1994 Mr. Friedberg ran the Global Investment Banking Division of Merrill Lynch. Prior to joining Merrill Lynch, he was head of the mergers and acquisitions group of A. G. Becker and Co. Mr. Friedberg is a member of the Board of Directors, the Executive Committee, and the Investment Committee of the New York City Ballet. He also served as Chairman of the Board of Directors of the New York City Ballet from 2003 to 2008. Mr. Friedberg is a graduate of Princeton University and a member of the Council on Foreign Relations.

Our Team

Our firm is led by Howard P. Milstein and the Milstein family, widely acknowledged for their integrity and success over three generations investing in real estate, banking, manufacturing, technology, international business and philanthropy.

Select Affiliates

We work with a wide network of affiliates, providing their companies with support and receiving support in return. These affiliates enhance and diversify our expertise and resources.

Primetime healthcare

Primetime Healthcare Compliance Services

Investment Date:

February 2022

Investment Type:

Majority Recapitalization

Industry:

Business Services

Primetime Healthcare Compliance Services is a respected regional provider of nondiscretionary regulatory repair & maintenance, emergency response, and environment of care services for healthcare facilities.

Shipsigma

ShipSigma

Investment Date:

June 2021

Investment Type:

Minority Growth Capital

Industry:

Business Services

ShipSigma is a leading provider of cloud-based parcel spend management, carrier renegotiation and supply chain technology services to small and medium-sized high volume shippers. Its wide array of data integration and analytics enables its clients to maximize profits by reducing their shipping and logistical expenses.

Turf Solutions

Investment Date:

April 2024

Investment Type:

Minority Growth Capital

Industry:

Residential and Commercial Services

Turf Solutions is a regional provider of artificial turf installation services for largely non-sports applications such as backyards and playgrounds, serving residential and light commercial customers.

Ryze

Investment Date:

March 2023

Investment Type:

Minority Growth Capital

Industry:

Consumer Health & Wellness

Ryze is a preeminent health & wellness superfoods brand offering adaptogenic mushroom-based products including coffee, matcha, decaf, and creamers that serve as alternatives to traditional beverages.

medterra

Medterra

Investment Date:

July 2020

Investment Type:

Minority Growth Capital

Industry:

Consumer Health & Wellness

Medterra is the largest privately owned provider of premium branded hemp-based cannabidiol (CBD), non-tetrahydrocannabinol (THC) consumer products serving the health and wellness industry. Customers regularly utilize its organically grown products for a variety of wellness purposes.

Fire Door Solutions

Investment Date:

February 2018

Investment Type:

Minority Growth Capital

Industry:

Business Services

Fire Door Solutions, LLC is a category leader in life safety compliance and repair for the healthcare facilities management space, serving hospitals, ambulatory care, assisted living/skilled nursing and mental health centers. FDS operates as a one-stop shop for services related to fire-rated doors, frames, fire dampers, fire stopping and life safety plans.

Emsar

Investment Date:

2016

Investment Type:

Majority Recapitalization

Industry:

Business Services

Emsar is a national provider of installation, repair and preventative maintenance of medical devices, laboratory testing equipment, security systems and self-service kiosks. It delivers technical repair and maintenance services to clients across the healthcare, power, retail and security industries.

Abacus Finance

Partners with private-equity sponsors to provide cash
flow-based, classic senior-debt solutions exclusively to
lower middle-market companies nationwide.

Aperture Media Partners

A media finance, advisory and production company focused on feature films and episodic entertainment.

Company

With 1 million+ square feet, Company houses a curated community of top-tier companies that span the innovation spectrum from venture-backed startups to large enterprises.

New York Private Finance

Advises active private investors on the best ways to finance strategic investments, and partners with them by making direct, tailored personal loans to fund such investments.

Summitas

Wealth management portal to create virtual family
office with secure email, digital vault and access to
unique services.

Emigrant Bank Fine Art Finance

Loans to clients, individuals, art dealers, trusts and
estates, foundations and museums on art with a
minimum value of $2 million.

Emigrant Partners

A capital and advisory services partner that makes non-voting minority investments into wealth, asset and alternative asset managers to help them achieve their goals.

Galatioto Sports Partners

Provides best in class advisory, lending, capital raising
and other services to clients in the professional sports
industry.

Personal Risk Management Solutions

A boutique personal insurance brokerage focused on the unique needs of successful individuals and families.