The former chief executive of a Pennsylvania bank is taking his skills to private equity.

Patriot Financial Partners in Philadelphia announced this month that it has named James F. Deutsch as a managing director. Deutsch previously led Team Capital Bank in Lehigh Valley.

Under Deutsch's leadership, the 2005 de novo grew to assets of $750 million. Deutsch resigned from the bank in April 2011, according to a press release from Team Capital at the time.

"As a former bank CEO with deep experience in almost all facets of banking, Jim Deutsch brings exceptionally strong operational expertise and best practices knowledge to our team," W. Kirk Wycoff, a co-founder and managing director of Patriot, said in a press release.

Alongside Deutsch's hiring, the company also named Stephanie Langer as a managing director. She was previously with Quaker Partners Management, where she also served as managing director and head of investor relations.

Patriot is a $300 million fund that is approximately two-thirds invested. It has stakes in more than a dozen banks and tends to focus on those with assets of $500 million to $5 billion.

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