MBG Investors I Maintains 11.8M Share Stake in Byline Bancorp

TL;DR

**MBG Investors I still holds over 11.8 million shares of Byline Bancorp.**

AI Summary

MBG Investors I, L.P., a Canadian entity, filed an amended Schedule 13G/A on February 12, 2024, indicating their beneficial ownership of 11,809,701 shares of Byline Bancorp, Inc. common stock as of December 31, 2023. This filing, an Amendment No. 2, shows that MBG Investors I, L.P. maintains significant shared voting and dispositive power over these shares. This matters to investors because it confirms a major institutional holder's continued, substantial stake in Byline Bancorp, suggesting long-term confidence or strategic interest in the company.

Why It Matters

This filing confirms a significant institutional investor's continued large ownership in Byline Bancorp, which can influence corporate governance and signal stability to other investors.

Risk Assessment

Risk Level: low — This filing indicates a stable, large institutional ownership, which generally reduces volatility and risk for other shareholders.

Analyst Insight

An investor should note the continued large institutional ownership, which can be a sign of stability, but also monitor future filings for any changes in MBG Investors I, L.P.'s position that could signal a shift in sentiment.

Key Numbers

• 11,809,701 — Shares Beneficially Owned (Represents the total number of Byline Bancorp common shares MBG Investors I, L.P. has shared voting and dispositive power over as of December 31, 2023.)

Key Players & Entities

• MBG Investors I, L.P. (company) — reporting person and beneficial owner
• BYLINE BANCORP, INC. (company) — subject company (issuer)
• Ontario, Canada (location) — citizenship or place of organization for MBG Investors I, L.P.
• 11,809,701 (dollar_amount) — number of shares beneficially owned

Forward-Looking Statements

• MBG Investors I, L.P. will likely maintain its significant stake in Byline Bancorp, Inc. for the foreseeable future. (MBG Investors I, L.P.) — medium confidence, target: 2025-12-31

FAQ

Key Financial Figures

• $0.01 — f securities: Common Stock, par value $0.01 per share. 2(e) CUSIP No. : 124411

Filing Documents

• mbg-sc_13ga-2024-02-12.htm (SC 13G/A) — 87KB
• 0000950170-24-013983.txt ( ) — 88KB

(a) Name of issuer

Item 1(a) Name of issuer: Byline Bancorp, Inc. (the “ Issuer ”)

(b) Address of issuer’s principal executive offices

Item 1(b) Address of issuer’s principal executive offices: 180 North LaSalle Street, Suite 300, Chicago, Illinois 60601. 2(a) Name of person filing: This Schedule 13G is being filed jointly by MBG Investors I, L.P., a Canadian limited partnership (“ MBG ”) and Antonio del Valle Perochena, a Mexican citizen (together with MBG, the “ Reporting Persons ”). The Reporting Persons’ agreement in writing to file this statement on behalf of each of them is attached as Exhibit A to this Schedule 13G. 2(b) Address or principal business office or, if none, residence: The principal business office of MBG is 365 Bay Street, Suite 800, M5H2V1 Toronto, Ontario, Canada. The address of Antonio del Valle Perochena is c/o MBG, 365 Bay Street, Suite 800, M5H2V1 Toronto, Ontario, Canada. 2(c) Citizenship: The place of organization of MBG is Toronto, Ontario, Canada. The citizenship of Antonio del Valle Perochena is Mexican. 2(d) Title of class of securities: Common Stock, par value $0.01 per share. 2(e) CUSIP No. : 124411 109 Item 3. If this statement is filed pursuant to 240.13d–1(b) or 240.13d–2(b) or (c), indicate type of person filing: Not applicable.

Ownership

Item 4. Ownership (a) Amount beneficially owned: See the responses to Item 9 on each of the attached cover pages and the explanatory note above. (b) Percent of class: See the responses to Item 11 on each of the attached cover pages and the explanatory note above. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See the responses to Item 5 on each of the attached cover pages and the explanatory note above. (ii) Shared power to vote or to direct the vote: See the responses to Item 6 on each of the attached cover pages and the explanatory note above. (iii) Sole power to dispose or to direct the disposition of: See the responses to Item 7 on each of the attached cover pages and the explanatory note above. 3 (iv) Shared power to dispose or to direct the disposition of: See the responses to Item 8 on each of the attached cover pages and the explanatory note above. MBG is the holder of record of the shares of Common Stock reported herein. Mr. del Valle Perochena is the general partner of MBG and may be deemed to have voting and dispositive power, and therefore beneficial ownership, with respect to such shares of Common Stock. None of the foregoing should be construed in and of itself as an admission by any of the Reporting Persons as to beneficial ownership of such shares of the Common Stock reported herein.

Ownership of 5 Percent or Less of a Class

Item 5. Ownership of 5 Percent or Less of a Class . If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following FORMCHECKBOX

Ownership of More than 5 Percent on Behalf of Another Person

Item 6. Ownership of More than 5 Percent on Behalf of Another Person. Not Applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Not Applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable.

Certifications

Item 10. Certifications. Not Applicable. 4

Signatures

Signatures After reasonable inquiry and to the best of my knowledge and belief, the undersigned each certify that the information set forth in this statement is true, complete and correct. February 9, 2024 MBG Investors I, L.P. By: /s/Antonio del Valle Perochena Name: Antonio del Valle Perochena Title: General Partner /s/Antonio del Valle Perochena Name: Antonio del Valle Perochena Exhibit A JOINT FILING AGREEMENT In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the joint filing, along with all other such undersigned, on behalf of the Reporting Persons (as defined in the joint filing), of an amended statement on Schedule 13G (including such other amendments thereto) with respect to the common stock of Byline Bancorp, Inc., and that this agreement be included as an exhibit to such joint filing. This agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument. The undersigned acknowledge that each shall be responsible for the timely filing of any further amendments, and for the completeness and accuracy of the information concerning him or it contained herein and therein, but shall not be responsible for the completeness and accuracy of the information concerning the others. IN WITNESS WHEREOF, each of the undersigned hereby executes this agreement as of this 9th day of February, 2024. MBG Investors I, L.P. By: /s/Antonio del Valle Perochena Name: Antonio del Valle Perochena Title: General Partner /s/Antonio del Valle Perochena Name: Antonio del Valle Perochena VP/#64540926.2

View Full Filing

View this SC 13G/A filing on SEC EDGAR