ANNAPOLIS, Md., June 26, 2014 /PRNewswire/ -- American Capital Energy & Infrastructure announced today that it has expanded its North America investment team with two new members: Ben Bonnet and David Elizondo, both Vice Presidents. The North America investment team, led by Managing Director Bo Wholey, sources, underwrites and manages equity investments in the North American energy industry with a particular focus on the midstream energy sector.
"We are pleased to welcome Ben and David to American Capital Energy & Infrastructure and bring additional talent to our North America investment team," said Paul Hanrahan, Chief Executive Officer of American Capital Energy & Infrastructure. "Ben and David both bring diverse experience working on major midstream projects in North America. Their skills and experience in private equity and energy will play an important role in executing our investment strategy and sector focus in the region."
Prior to joining American Capital Energy & Infrastructure, Mr. Bonnet was a Vice President at Alinda Capital Partners, an infrastructure private equity firm that targets investments in North America and Europe, where he led and managed energy infrastructure investments in the United States, including the acquisition of interests in Martin Midstream GP LLC. Prior to joining Alinda, Mr. Bonnet was an Associate at Natural Gas Partners, an energy private equity firm. Mr. Bonnet began his career as an energy leveraged finance analyst at Simmons & Company International where he focused on midstream and upstream acquisitions and divestitures.
Prior to joining American Capital Energy & Infrastructure, Mr. Elizondo was a Vice President at Access Capital Advisers, a global infrastructure investment manager, where he led and managed energy and infrastructure investments in the US and Mexico. Prior to joining Access, Mr. Elizondo was an Associate at Highstar Capital, an energy and infrastructure private equity firm. Mr. Elizondo began his career as an energy leveraged financed analyst in the investment banking division of Barclays Capital. Mr. Elizondo and Managing Director Bo Wholey worked closely together for over three years at Highstar Capital.
ABOUT AMERICAN CAPITAL ENERGY & INFRASTRUCTURE
American Capital Energy & Infrastructure invests in global energy infrastructure assets, including power generation facilities, power distribution and transmission networks, energy transportation assets, fuel production opportunities and product and service companies focused on the power and energy sectors. ACEI is part of American Capital, Ltd.'s (Nasdaq: ACAS) ("American Capital") asset management affiliate, American Capital Asset Management, LLC. For further information, please refer to www.ACEI.com.
ABOUT AMERICAN CAPITAL
American Capital, Ltd. (Nasdaq: ACAS) 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, energy and infrastructure and structured products. American Capital manages $19 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $84 billion of total assets under management (including levered assets). Through an affiliate, American Capital manages publicly traded American Capital Agency Corp. (Nasdaq: AGNC) with approximately $9 billion of net book value, American Capital Mortgage Investment Corp. (Nasdaq: MTGE) with approximately $1 billion of net book value and American Capital Senior Floating, Ltd. (Nasdaq: ACSF) with approximately $151 million of net book value. 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.
Contact: +1-443-214-7070
Paul Hanrahan, Chief Executive Officer
Richard Santoroski, Managing Director
Bo Wholey, Managing Director, North America Investments