Boston Private Expands Team Serving Private Equity and Venture Capital Market

Boston Private, a leading provider of fully integrated wealth management, trust and private banking services, today announced Mark Shang has joined the firm as the West Coast Leader of its Private Partnership practice. In this role, he will oversee a team of professionals dedicated to meeting the cash management, lending, wealth management and trust needs of private equity and venture capital firms and their executives.

“Mark is a talented leader who brings over two decades of financial services and private equity experience and expertise to our Private Partnership clients,” said Gerald Graves, Executive Managing Director, Boston Private Wealth. “We’re excited to have him on board and look forward to his contributions as we continue to grow Boston Private’s presence on the West Coast.”

Mr. Shang joins Boston Private from Serent Capital, a San Francisco-based private equity firm, where he served as Chief Financial Officer. Before joining Serent Capital, he was Director, Transaction Services at PricewaterhouseCoopers, working with private equity firms and strategic acquirers. Mr. Shang is a graduate of the University of Virginia and is a Certified Financial Analyst.

About Boston Private

Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For more than 25 years, Boston Private has taken a highly personalized approach to serving the complex financial needs of individuals, families, business owners, private partnerships, nonprofits and community partners. Boston Private is also an active provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses.

Headquartered in Boston, Boston Private has 35 offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles and Palm Beach. Private banking and trust services are provided through Boston Private Bank & Trust Company. Wealth management services are provided through Boston Private Wealth LLC, an SEC registered investment adviser and a wholly owned subsidiary of Boston Private Bank & Trust Company.

Boston Private Bank & Trust Company is a subsidiary of Boston Private Financial Holdings, Inc. (NASDAQ:BPFH). For more information, visit www.bostonprivate.com

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Media:Boston PrivateSteve Brownell, [e-mail]