Saturday, 28 February 2015
Last updated 16 hours ago
Aug 17 2007 | 11:47am ET
Publicly traded buyout shop American Capital Strategies has hired Joel Houck as a senior vice president and managing director. In his new position, Houck will be responsible for developing a new closed-end fund, which would be managed by an affiliate of American Capital.
Houck joins American Capital from Wachovia Capital Markets where he served as a senior equity analyst and covered specialty finance since 2002.
“Joel has been following American Capital for the past seven years at both Wachovia and A.G. Edwards and his profound knowledge of our organization and operations coupled with his expertise in specialty finance and commercial banking make him the ideal candidate to develop a new fund,” said Malon Wilkus, ACap’s CEO.
American Capital is a member of the S&P 500 and manages some $16 billion in total assets.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…