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First Citizens Bank

239 Fayetteville St, Raleigh, NC, 27601, United States

Overview

First Citizens Bank helps customers do more with money. It is a full-service banking institution, Its parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA), has more than $35 billion in assets. First Citizens is now a family-controlled bank, with a record of stable leadership few institutions can rival. First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and a full-service telephone bank, and sophisticated online and mobile banking offerings. The company is committed to reflecting the rich diversity of the communities where it does business. It strives to encourage associates to accomplish their full potential by contributing to business success and service excellence. The security of financial information is among the company's priorities. First Citizens Bank was founded in 1898 and is headquartered in Raleigh, North Carolina.

Total investments
8
Lead investments
5
Investments · 12mo
3
Active investors
10

Sector focus

  • Banking
  • Insurance
  • Lending
  • Payments
  • Wealth Management
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Investment portfolio

  • Nexamp

    Led · Debt Financing · Jul 2026

    Nexamp develops and operates community solar and battery storage projects, owning a portfolio of 20 operating community solar sites across New York, Illinois, Maine, and Massachusetts. The company has been financing growth through structured debt facilities, most recently a $106 million five‑year financing and a $200 million credit facility in April 2026, and previously a $330 million round involving MUFG and Siemens Financial Services. Nexamp uses cash flows from operating assets to recycle capital into new project development and to expand its customer base. Its stated plan after the latest financing is to reinvest freed‑up capital into additional community solar projects. The company emphasizes providing cost savings to households, small businesses, and municipalities as it scales its community solar footprint.

  • Origis Energy

    Led · Debt Financing · Jun 2026

    Origis Energy develops, owns, and operates utility-scale solar and battery storage projects. The company is advancing a pipeline of more than 20 GW and said the new facility will help advance over 5 GW of highly advanced projects. Origis reported that it has quadrupled its operating capacity over the past 24 months. Earlier financings this year include $118 million in tax equity for the Chalan Solar + Storage project and approximately $545 million in senior secured project financing for three Rockhound Projects. Management framed the new corporate credit facility as liquidity to support its growth strategy and accelerate its near-term project pipeline. The syndicate of banks and institutional investors on the transaction provides both funded credit and letter-of-credit capacity to underwrite development activity.

  • DC BLOX

    Participated · Debt Financing · May 2026

    DC BLOX develops, owns, and operates integrated digital infrastructure assets including hyperscale-ready data centers, cable landing stations, and a dark fiber network across the Southeast. The company currently operates data centers in Birmingham and Huntsville, Alabama; Chattanooga, Tennessee; and Greenville and Myrtle Beach, South Carolina, and is developing additional projects in Conyers and Douglasville, Georgia; North Augusta, South Carolina; Palm Coast, Florida; and Montgomery, Alabama. Its cable landing stations in Myrtle Beach and Palm Coast provide international connectivity into the Southeast while its dark fiber network across South Carolina and Georgia serves as a connectivity backbone for hyperscale customers. DC BLOX has prioritized building and leasing hyperscale campuses in the region and describes its platform as vertically integrated to support development and operations. The company noted multiple investment-grade rated, preleased hyperscale projects in its portfolio, underscoring commercial momentum as it scales across the Southeast.

  • Connectivity Wireless

    Led · Debt Financing · Mar 2025

    Connectivity Wireless provides in-building wireless infrastructure and services—DAS, small cells, and private networks—partnering with carriers, enterprises, real estate owners, and municipalities to deliver connectivity at prominent U.S. venues. The company said the new capital will accelerate deployment of its in-building wireless solutions and expand its venue network across sports/entertainment arenas, healthcare, commercial real estate, education, and hospitality. Connectivity Wireless intends to use proceeds for system expansion and repayment of existing debt, and to enhance operational capabilities to meet rising demand for high-performance connectivity. The company is an M|C Partners-backed platform and framed the financing as enabling multi-year growth and expansion of its venue footprint. Leadership highlighted the financing as critical to scaling operations and investing in premier venue networks to better serve customers.

  • NineDot Energy

    Led · Debt Financing · Jan 2025

    NineDot Energy designs, develops, and operates battery energy storage systems (BESS) that serve the New York City metropolitan grid. Its community-scale projects aim to deliver resilient, affordable power while lowering carbon emissions and improving environmental equity. The company currently has seven operating projects spread across four sites in Staten Island and The Bronx and maintains a pipeline of more than 60 additional projects. Backed by recent financing, it will construct 28 new battery storage installations totaling 124 MW / 494 MWh. NineDot also plans to expand beyond stationary storage by integrating mobile batteries and electric-vehicle charging at select locations. Management is evaluating opportunities to take its model beyond the New York City area. The recent $431 million debt raise materially strengthens its balance sheet and underwrites near-term project build-out.

Team