Youngstown, Ohio bank benefits from new Shale Hedge Fund

"A Pittsburgh-based hedge fund focused on small banks in the Marcellus and Utica shale regions is 60 percent invested since its launch six months ago, and on the prowl for more opportunities.
Wagner wouldn't reveal all of Shale Community BanFund's investments but identified two: Allegheny Valley Bancorp, based in Pittsburgh’s Lawrenceville neighborhood, and Cortland Bancorp, near Youngstown, Ohio."
http://www.bizjournals.com/pittsburgh/blog/financial-district/2013/...

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015334grltd9mPermalink Reply by 015334grltd9m on November 25, 2013 at 4:05pm

Is it me or did the article say alot about nothing?  What I gleaned is that the dude is going to lend Cortland Bank some bucks?

Permalink Reply by Charles Randolph on November 25, 2013 at 11:51pm

Perhaps the author intended the article to be read by those who can see farther than the end of their nose ?

015334grltd9mPermalink Reply by 015334grltd9m on November 26, 2013 at 1:30am

Nice Randolph, nice.

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