Bridge Bank launched a new banking group, Equity Fund Resources, which will serve as a centralized resource to venture capital (VC) and private equity (PE) investment funds, their partners and portfolio companies.

The new group will enhance Bridge Bank’s robust technology banking practice by offering services to equity funds including capital call lines of credit, treasury management tools and management company flexibility lines.

“The Equity Fund Resources group (EFR) is a natural and complementary extension of Bridge Bank’s technology banking practice, with its years of experience as a resource to emerging tech companies and the private equity eco-system,” said Thomas A. Sa, executive vice president and head of Bridge Bank’s business lines. “With the additional resources brought by Western Alliance Bank, Bridge Bank is well-positioned to build on that strong foundation and offer a superior banking platform to VC and PE funds,” he added.

Michael David, who joined Bridge Bank in August, was hired to lead Equity Fund Resources from a new office in Menlo Park, CA. “As I assessed the opportunity to work with Bridge Bank in forming this new group, it was clear that Bridge Bank is committed to becoming a leading resource to the VC and PE community. The recent merger with Western Alliance Bank provides a larger platform upon which to build, and together we are committed to creating a premier industry practice,” said David.

Prior to joining Bridge Bank, David was managing director and group head of Fifth Street Technology Partners and previously spent over a decade at ORIX Ventures, where he led the creation and expansion of a $1 billion venture debt practice. Prior to that, David was senior vice president and managing director and founder of Venture Capital Services for Imperial Bank, acquired by Comerica, where he built and managed a nationwide network of strategic relationships with the venture capital and private equity communities.