119th Street Capital

119th Street Capital is a Merrillville, Indiana-based private investment firm that provides direct equity investments, financial advisory services, and mergers and acquisitions support to privately owned financial services companies. Operating as a wholly owned subsidiary of First Bancshares Inc., the organization focuses primarily on scaling registered investment advisors and independent wealth management practices. The firm generates financial returns by structuring strategic industry partnerships and financing inorganic growth initiatives across the broader wealth management and financial services sectors. In May 2025, 119th Street Capital executed a strategic growth investment in Maridea Wealth Management, a registered investment advisor currently overseeing $470 million in client assets under management. This specific transaction was completed alongside co-investor Pelican Capital to finance future fund acquisitions and national expansion efforts for the Mier Wang-founded portfolio company. As a corporate subsidiary, the firm's exact founding year and individual founder names are not publicly disclosed.