CASCADE BANCORP
|
(Name of Issuer)
|
Common Stock, no par value
|
(Title and Class of Securities)
|
|
147154108
|
(CUSIP Number)
|
WL Ross & Co. LLC
|
1166 Avenue of the Americas
|
New York, New York 10036
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Attention: Ben Gruder
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Telephone Number: (212) 826-1100
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Facsimile Number: (212) 278-9645
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With a copy to:
|
David Ingles
|
Skadden, Arps, Slate, Meagher & Flom LLP
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4 Times Square
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New York, New York 10036
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Telephone: (212) 735-3000
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Facsimile Number: (212) 735-2000
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(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
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May 30, 2017
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(Date of Event which Requires Filing of this Statement)
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CUSIP No. 147154108
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Page 2 of 12 Pages
|
CUSIP No. 147154108
|
Page 3 of 12 Pages
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1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
WL Ross & Co. LLC
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 4 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
WLR CB AcquisitionCo LLC
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 5 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
El Vedado LLC
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 6 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
WL Ross Group, L.P.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 7 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
WLR Recovery Associates IV LLC
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 8 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
WLR Recovery Fund IV, L.P.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 9 of 12 Pages
|
1.
|
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
|
||
Wilbur L. Ross, Jr.
|
|||
2.
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
|
||
(a) r
(b) ☐
|
|||
3.
|
SEC USE ONLY
|
||
4.
|
SOURCE OF FUNDS (SEE INSTRUCTIONS)
|
||
OO
|
|||
5.
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐
|
|
6.
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
||
Delaware
|
|||
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
7. SOLE VOTING POWER
|
||
0
|
|||
8. SHARED VOTING POWER
|
|||
0
|
|||
9. SOLE DISPOSITIVE POWER
|
|||
0
|
|||
10. SHARED DISPOSITIVE POWER
|
|||
0
|
|||
11.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
||
0
|
|||
12.
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
|
☐
|
|
13.
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
|
||
0%
|
|||
14.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
||
OO
|
CUSIP No. 147154108
|
Page 10 of 12 Pages
|
WL ROSS & CO. LLC
|
|||
By:
|
/s/ Ben Gruder
|
||
Name: Ben Gruder
|
|||
Title: Authorized Person
|
|||
WLR CB ACQUISITIONCO LLC
|
|||
By:
|
WLR Recovery Fund IV, L.P.,
its Sole Manager
|
||
By:
|
WLR Recovery Associates IV LLC,
its General Partner
|
||
By:
|
WL Ross & Co. LLC,
its Managing Member
|
||
By:
|
/s/ Ben Gruder
|
||
Name: Ben Gruder
|
|||
Title: Authorized Person
|
|||
WLR RECOVERY FUND IV, L.P.
|
|||
By:
|
WLR Recovery Associates IV LLC,
its General Partner
|
||
By:
|
WL Ross & Co. LLC,
its Managing Member
|
||
By:
|
/s/ Ben Gruder
|
||
Name: Ben Gruder
|
|||
Title: Authorized Person
|
|||
WLR RECOVERY ASSOCIATES IV LLC
|
|||
By:
|
WL Ross & Co. LLC
its Managing Member
|
||
By:
|
/s/ Ben Gruder
|
||
Name: Ben Gruder
|
|||
Title: Authorized Person
|