Barclays Capital Inc.
745 Seventh Avenue
New York, New York 10019
Keefe, Bruyette & Woods, Inc.
787 7th Avenue
New York, New York 10019
November 4, 2019
United States Securities and Exchange Commission
Division of Corporation Finance
Mail Stop 4720
100 F Street, N.E.
Washington, D.C. 20549
Attention: Erin Purnell
Re: | Silvergate Capital Corporation |
Registration Statement on FormS-1, as amended (FileNo. 333-228446)
Request for Acceleration of Effective Date
Ladies and Gentlemen:
In accordance with Rule 461 under the Securities Act of 1933, as amended (the “Act”), we, as representatives of the several underwriters, hereby join in the request of Silvergate Capital Corporation (the “Company”) for acceleration of the effective date of the above-named Registration Statement so that it becomes effective at 2:00 PM, Eastern Daylight Time, on November 6, 2019 or as soon thereafter as practicable, or at such other time as the Company or its outside counsel, Holland & Knight LLP, request by telephone that such Registration Statement be declared effective.
Pursuant to Rule 460 under the Act, we, as representatives of the several underwriters, wish to advise you that approximately 1,907 copies of the Preliminary Prospectus, dated October 28, 2019 and included in the above-named Registration Statement, as amended, were distributed during the period from October 28, 2019 through the date hereof, to prospective underwriters, institutions, dealers and others.
We, the undersigned, as representatives of the several underwriters, have complied and will comply, and we have been informed by the participating underwriters that they have complied and will comply, with the requirements of Rule15c2-8 under the Securities Exchange Act of 1934, as amended.
* * *
Very truly yours, | ||||
BARCLAYS CAPITAL INC. KEEFE, BRUYETTE & WOODS, INC.
Acting on behalf of themselves and the several underwriters | ||||
By: | BARCLAYS CAPITAL INC. | |||
By: | /s/ Jamie Cohen | |||
Name: | Jamie Cohen | |||
Title: | Managing Director | |||
By: | KEEFE, BRUYETTE & WOODS, INC. | |||
By: | /s/ Michael Garea | |||
Name: | Michael Garea | |||
Title: | Managing Director |
[Signature Page to UW Acceleration Request]