American Capital Mortgage Investment Corp. Adds Two Members To Its
Board of Directors
BETHESDA, Md., Feb. 7, 2013 /PRNewswire/ -- American Capital
Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE" or the "Company")
announced that at a meeting today, the Company's Board of Directors
voted to increase the size of the Board by two and elected
Prue B. Larocca and Samuel A. Flax to the new positions.
"We are very excited to have Prue and Sam join our Board of
Directors," said Malon Wilkus, Chair
and Chief Executive Officer of MTGE. "Both of these Directors
bring a wealth of insight and experience, which will be invaluable
to our Board, and I expect that they will play an integral role in
guiding MTGE in the years ahead."
Ms. Larocca retired in 2011 from Royal Bank of Scotland (RBS), where from 1997 until her
retirement, she was a Managing Director in the firm's Mortgage
Backed and Asset Backed Finance Group. She is a widely
recognized expert in the areas of housing finance and
securitization and is a member of the board of the Housing
Preservation Foundation as well as having previously served two
terms on the board of the American Securitization Trade
Association. Prior to joining RBS, Ms. Larocca was a Senior
Vice President at Lehman Brothers in the mortgage finance business,
managed the consumer and single family securitization business for
the Resolution Trust Corporation, practiced law with the firms of
Milbank, Tweed, Hadley and McCloy as well as Kutak Rock. She
is a graduate of the Georgetown
University Law Center and Indiana
University.
Mr. Flax has served as Executive Vice President and Secretary of
the Company and its manager, American Capital MTGE Management, LLC,
since their formation in 2011. Mr. Flax is also the Executive
Vice President and Secretary and a member of the Board of Directors
of American Capital Agency Corp. Also, he has served as
Executive Vice President, General Counsel, Chief Compliance Officer
and Secretary of American Capital, Ltd. since 2005. Prior to
joining American Capital, Ltd., Mr. Flax was a partner in the
corporate and securities practice group of the Washington, D.C. law firm of Arnold &
Porter LLP from 1990 to 2005, where he was American Capital's
principal outside counsel.
ABOUT AMERICAN CAPITAL MORTGAGE INVESTMENT
CORP.
American Capital Mortgage Investment Corp. is a real
estate investment trust formed in 2011 that invests in and manages
a leveraged portfolio of agency mortgage investments, non-agency
mortgage investments and other mortgage-related investments.
The Company is externally managed and advised by American
Capital MTGE Management, LLC, an affiliate of American Capital,
Ltd. ("American Capital"). For further information please
refer to www.MTGE.com
ABOUT AMERICAN CAPITAL
American Capital (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 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). American Capital, through a wholly-owned portfolio
company, manages publicly traded American Capital Agency Corp.
(Nasdaq: AGNC) with approximately $10
billion market capitalization and American Capital Mortgage
Investment Corp. (Nasdaq: MTGE) with approximately $850 million market capitalization. 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:
Investor Relations – (301) 968-9220
SOURCE American Capital Mortgage Investment Corp.