Daily News: May 15, 2014

GemCap Expands Portfolio Management Department

GemCap is expanding its portfolio management department with the addition of Ashley Eckels and David Arzumanov as senior collateral analysts. Prior to joining GemCap, Arzumanov was a financial advisor at Waddell and Reed, where he obtained a FINRA Series 7 license and Series 66 license. Eckels was an accounting office coordinator at SB Capital Group, where she managed accounting for a subsidiary.

“We are happy to welcome Ashley and David to GemCap,” said Richard Ellis, co-president of GemCap. “They are a great addition to our expanding team”.

Additionally, GemCap announced the opening of a new office location in Columbus, OH, which will be managed by Jim Thieken, executive vice president at GemCap.

“Having a mid-west office is part of our strategic growth plan,” says David Ellis, co-president. “We are excited to have Thieken on board to oversee this new location”.