Former Bank of America Corp. Chief Executive Officer Hugh McColl Jr. and Chief Financial Officer Marc Oken are among investors backing a group raising as much as $600 million to buy Florida banking assets.

Falfurrias Capital Partners, a Charlotte, N.C.-based investment firm co-founded by McColl and Oken, has agreed to invest an undisclosed amount in North American Financial Holdings, Oken said in an interview. North American is led by Gene Taylor and Chris Marshall, two other former B of A executives.

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