American Realty Capital Announces the Appointment of Key Executives as it Bolsters its Business Development Company and Finance Teams

Business Development Company Team

Name

Title

Previous Affiliations

Experience 

Doug Lyons

Senior Vice President

and Chief Credit

Officer, BDCA Adviser

UBS Investment Bank;

CIBC World Markets; Deutsche Bank Securities; Duff & Phelps; Coopers & Lybrand

Mr. Lyons, a Certified Public Accountant, has over 20 years' experience in investment banking and leveraged finance, most recently at UBS Investment Bank where, for over six years, he was a Managing Director responsible for managing the leverage finance practice in the Consumer, Retail, Gaming, Real Estate, Lodging and Leisure industries.  In his role at UBS, Mr. Lyons was responsible for the origination, structuring, negotiation and execution of senior debt, unsecured debt, high yield and mezzanine financing transactions for key corporate and sponsor clients.

James Fisher

Senior Vice President and Managing Director, BDCA Adviser

True Course Capital Advisors, LLC; Praesidian Capital Inc.; Allied Capital/AC Finance/Callidus Capital; JPMorgan/The Chase Manhattan Bank

Mr. Fisher has over 30 of experience lending to and investing in middle market and small businesses. He spent 22 years at JPMorgan Chase, with his last position as the Senior Vice President and Division Executive running the Bank's Middle Market Structured Finance business, including Sponsor Coverage, Asset Based Lending, Leasing, and Middle Market M&A. Most recently, Mr. Fisher was the Founding Partner of True Course Capital Advisors; a firm focused on advisory work related to middle market leveraged finance, as well as small business investments.

Joseph Taylor

Senior Vice President and Managing Director, BDCA Adviser

True Course Capital Advisors, LLC; Allied Capital; Callidus Capital Management; JPMorgan Chase Bank N.A.; First Union/First Fidelity Bank

Mr. Taylor, a CFA charter holder, has over 20 years of experience investing in middle market companies and has been directly involved in originating, underwriting and syndicating over $8 billion of middle market senior, unitranche and mezzanine debt.  Mr. Taylor spent 7 years at JPMorgan Chase and was the founding partner of the Middle Market leveraged loan structuring and syndication group. Most recently, Mr. Taylor was a Senior Advisor at True Course Capital Advisors; a firm focused on advisory work related to middle market leveraged finance and small business investments.

Carol Loundon

Senior Analyst, BDCA Adviser

Churchill Financial, LLC; CapitalSource Finance LLC; Bank of Ireland; Lehman Brothers

Ms. Loundon brings 12 years of experience in underwriting as well as providing debt financing for private equity backed leveraged buyouts and recapitalizations in the middle market. In her previous roles, Ms. Loundon assisted in due diligence initiatives, syndications and portfolio monitoring.

Commercial Real Estate Debt Team

Name

Title

Previous Affiliations

Experience 

Jonathan Stein

Vice President, ARC

Realty Finance Advisors

Brookfield Asset Management; Credit

Suisse

Mr. Stein has spent most of the last 10 years in the real estate finance, asset management, origination and securitization groups of prominent asset management firms.  Over his career Mr. Stein has participated in the origination or underwriting of more than $15 billion of transactions.  In his most recent role at Brookfield Strategic Real Estate Partners, he originated equity and debt investments for the North American sleeve of the fund through direct relationships with sponsors, lenders, special servicers and brokers.

Marc Tolchin

Assistant General Counsel, American Realty Capital

Alston & Bird LLP; Cadwalader, Wickersham & Taft LLP; Law Offices of Marc A. Tolchin; Town of Harrison, NY; Rattet, Hollander & Pasternak, LLP

Mr. Tolchin brings 17 years of experience in real estate law, most recently at Alston & Bird LLP.  In his role as Senior Real Estate Associate, Mr. Tolchin represented major portfolio and capital markets lenders in the origination of commercial real estate financings secured by hotel, office, retail, mixed-use and multifamily properties. 

Daniel Schapiro

Assistant Vice President, ARC Realty Finance Advisors

Brookfield Asset Management; Perseus Realty Partners and Perseus Realty Capital; AFL-CIO Investment Trust Corporation

Mr. Schapiro has 6 years of experience in real estate investment management, real estate private equity and investment banking.  In his most recent role at Brookfield Asset Management, Mr. Schapiro provided investment analysis in hard assets and loan portfolios and assisted with acquisition and asset management functions.