Spring Street Founder To U.S. Capital To Work With Energy Entrepreneurs

Mar 31 2011 | 2:22am ET

U.S. Capital Advisors has added a former hedge fund manager to build its energy client base.

Michael McConnell was named a managing director at the Houston-based firm. He will focus on energy entrepreneurs, selling them on USCA’s wealth management solutions and growth capital options.

“Michael’s unique background combines wealth management, buyside investment management and private equity experience,” Patrick Mendenhall, CEO, said. “We feel that Michael’s skillset is a great fit with our firm’s focus on helping energy company owners and executives build value and manage wealth.”

McConnell is a co-founder of Houston long/short equity hedge fund Spring Street Partners, where he served as portfolio manager. He then moved to Morgan Stanley Private Wealth Management as a vice-president.

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