American Capital Announces Departure of Senior Vice President and Managing Director
BETHESDA, Md., Jan. 28, 2013 /PRNewswire/ -- American Capital, Ltd. (Nasdaq: ACAS) ("American Capital") announced today that Kevin Kuykendall, a Senior Vice President and Managing Director, has resigned from the company to pursue other interests. Mr. Kuykendall, who joined the company in 2003, has been based in the company's Dallas office and has headed American Capital's energy investment team under the leadership of Darin Winn, Senior Vice President and Senior Managing Director.
"We appreciate Kevin's contributions to the company and wish him well," said Malon Wilkus, American Capital Chairman and CEO. "We are pleased to note that we will be continuing our investments in the energy sector under the direction of Paul Hanrahan. Paul, the CEO of American Capital Infrastructure, is the former President and CEO of The AES Corporation (NYSE: AES), a Fortune 150 global power company."
ABOUT AMERICAN CAPITAL
American Capital is a publicly traded private equity firm and global asset manager. American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate and structured products. American Capital manages $18.6 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $118 billion of total assets under management (including levered assets). From its eight offices in the U.S. and Europe, American Capital and its affiliate, European Capital, will consider investment opportunities from $10 million to $750 million. For further information, please refer to www.AmericanCapital.com.
This press release contains forward-looking statements. The statements regarding expected results of American Capital are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional, national or international economic conditions, or changes in the conditions of the industries in which American Capital has made investments.
Darin Winn, Senior Vice President and Senior Managing Director, American Capital
SOURCE American Capital, Ltd.