HoldCo Opportunities Fund V, L.P. Acquires Significant Stake in Central Pacific Financial Corp.
HoldCo Opportunities Fund V, L.P., along with other related entities and individuals, has filed a Schedule 13D indicating a significant acquisition of shares in Central Pacific Financial Corp. The filing reveals that HoldCo Opportunities Fund V, L.P. now beneficially owns approximately 5.4% of the company's common stock, totaling 1,459,055 shares. The shares were acquired through open market purchases, with the aggregate purchase price amounting to approximately $39,976,531. The Reporting Persons, including Michael Zaitzeff and Vikaran Ghei, have engaged with the company's management and board to discuss opportunities to enhance stockholder value. The filing also includes a Joint Filing Agreement, dated August 22, 2025, among the Reporting Persons. The importance of this filing is HIGH due to the significant stake acquired and the potential influence on the company's strategic direction.