American Capital Mortgage Management, LLC Appoints Devang Doshi as Vice President of Agency Mortgage Investments
BETHESDA, Md., Oct. 31, 2012 /PRNewswire/ -- American Capital Mortgage Investment Corp. (Nasdaq: MTGE) ("MTGE") announced today that Devang Doshi has joined American Capital Mortgage Management, LLC as Vice President, Agency Mortgage Investments. American Capital Mortgage Management, LLC is the parent company of the external managers for MTGE and American Capital Agency Corp. (Nasdaq: AGNC) ("AGNC").
In his new position, Mr. Doshi will work with Christopher Kuehl, Senior Vice President, Agency Portfolio Investments, and Song Jo, Vice President, Mortgage Structuring, on managing agency investment activities for both MTGE and AGNC. Mr. Doshi's primary focus will be executing specific agency investment strategies for MTGE. Mr. Doshi was previously Vice President, Global Securitized Markets in the Fixed Income Global Capital Markets Group at Citigroup Inc., where he was primarily responsible for making markets in Agency MBS pools. Mr. Doshi previously served in several other capacities at Citigroup, including as Analyst in the Capital Markets Credit Division - High Yield Credit & Distressed Debt Trading Group and the Mortgage Pass-through Trading Group.
"We are delighted to welcome Devang to the team. Asset selection continues to be critical to generating market leading returns and Devang's expertise in analyzing and trading mortgage-backed securities will be a valuable addition to both MTGE and AGNC," said Gary Kain, President and Chief Investment Officer of MTGE and AGNC.
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 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 seven offices in the U.S. and Europe, American Capital and its affiliate, European Capital, will consider investment opportunities from $10 million to $500 million. For further information, please refer to www.AmericanCapital.com.