Capitala Group Announces New Hires as it Expands its Underwriting and Investor Relations Teams

Rhea-AI Summary

Capitala Group has expanded its underwriting and investor relations teams to better support middle-market companies amidst market uncertainty. Stuart McGoogan joins as Investor Relations Associate, while Nico Mancuso and Kevin Mansfield take roles as Associate and Analyst in underwriting, respectively. The firm, which manages $3.0 billion in assets, has a 20-year history of investing in over 160 companies across North America. Their strategy focuses on partnering with management teams to optimize value and deliver strong returns for investors.

Positive

• Expansion of underwriting and investor relations teams enhances operational capacity.
• New hires bring relevant experience from reputable firms, likely strengthening service delivery.

Negative

• No immediate financial metrics or projections provided, leaving uncertainty about future performance.

CHARLOTTE, N.C., July 30, 2020 (GLOBE NEWSWIRE) -- Capitala Group (“Capitala”), a leading provider of capital to lower middle market companies, announced today it has expanded its underwriting and investor relations teams. Stuart McGoogan is joining as Investor Relations Associate, while Nico Mancuso and Kevin Mansfield will serve on the underwriting team as Associate and Analyst respectively.

“We are playing a vital role in assisting the middle-market companies of which we’ve invested best navigate the market uncertainty, and I am extremely proud of the hard work Capitala has done in this regard,” said Joe Alala, Chairman and Chief Executive Officer of Capitala. “To that end, we continue to expand our team and services across our entire organization.”

Stuart McGoogan previously held various client service roles at Barings (fka Babson Capital Management) and Vanguard.  Mr. McGoogan graduated with a B.A. degree in Finance from Wofford College.

Nico Mancuso served on the Syndicate Desk at SunTrust Robinson Humphrey in the Leveraged Finance group where he executed debt financings and provided advisory services across various industries. Mr. Mancuso graduated from the University of North Carolina at Wilmington with a B.S. in Business Administration with concentrations in Finance and Economics.

Kevin Mansfield was a Senior Analyst in Ernst and Young’s Transaction Advisory Services practice and a staff accountant in the Assurance practice. Mr. Mansfield graduated cum laude from the University of South Carolina, where he received a B.S. in Business Administration with a degree in both Accounting and Finance. Mr. Mansfield is a Certified Public Accountant.

About Capitala Group

Capitala Group is a $3.0 billion asset management firm that has been providing capital to lower middle market companies throughout North America for twenty years. Since our inception in 1998, Capitala has invested in over 160 companies and seeks to partner with strong management teams to create value and generate superior risk-adjusted returns for our individual and institutional investors. For more information, definitions and details visit our website at www.CapitalaGroup.com.

Contacts:
Steve Arnall
COO | CFO 
sarnall@capitalagroup.com

Katina Cole Jakubowski
Director of Marketing  
kjakubowski@capitalagroup.com

FAQ

What recent changes did Capitala Group announce in July 2020?

Capitala Group announced the expansion of its underwriting and investor relations teams, hiring Stuart McGoogan, Nico Mancuso, and Kevin Mansfield.

Who is Stuart McGoogan and what experience does he bring to Capitala Group?

Stuart McGoogan joins as Investor Relations Associate, having held client service roles at Barings and Vanguard.

What roles did Nico Mancuso and Kevin Mansfield assume at Capitala Group?

Nico Mancuso was appointed as an Associate in underwriting, while Kevin Mansfield took on the role of Analyst.

How many companies has Capitala Group invested in over its 20-year history?

Capitala Group has invested in over 160 companies since its inception.

What is the asset management size of Capitala Group?

Capitala Group manages $3.0 billion in assets.