OUR PEOPLE

Tim joined American Capital in October 2007 and was the founder of the Boston office. Prior to joining American Capital, he was a Managing Director with BancBoston Capital. While at BancBoston Capital, Tim was responsible for originating, managing and divesting a diverse portfolio of private equity investments.

Tim received a B.A. in American Studies from Trinity College.

Miles Arnone joined American Capital in September 2002 as a Vice President in the Operations Team and was promoted to Principal in 2004 and to Managing Director in 2007. Mr. Arnone co-heads the American Capital Technology Group and is based in Boston, MA. He is involved in the Technology Group's current investments in Exstream Software, Moxy Media, FreeConference.com, NextPoint, Tymphany Corporation and serves on the Board of Directors of these companies and others, including Axygen, Inc., Value Plastics, Inc., Astrodyne Corporation, Electro-Component Assembly Company, Futurelogic, Inc., and eLynx, Ltd.

Previously, Mr. Arnone was Entrepreneur-in-Residence at Charterhouse Group International, a private equity firm with $1 billion under management. There, Mr. Arnone was responsible for conducting due diligence and managing portfolio companies. His assignments included work in the machine tool, electronics, and medical device industries.

Prior to his tenure at Charterhouse Group Mr. Arnone was President of Boston Digital Corporation, a machine tool builder with approximately $30 million in sales. While there he authored the reference work High Performance Machining, an implementation guide for recent innovations in CNC machining. His most recent work, America's Trading Partners: the Good, the Bad, and the Ugly was published in November 2004.

Mr. Arnone holds graduate degrees in management and engineering from the Massachusetts Institute of Technology and an undergraduate degree in mechanical engineering from MIT as well.

Will Rudat joined American Capital in February 2002 as a Portfolio Analyst and was promoted to Associate, Operations Team, in 2003 and then to Vice President in 2007, shortly after returning from his leave to pursue an MBA. He joined the Technology Group during 2008. During his tenure with the Operations Team, Will evaluated and executed investments and operational improvements in support of the restructuring, growth, and exit strategies of more than 15 portfolio companies comprising $500MM of invested capital.

Prior to American Capital, Mr. Rudat held corporate development and strategy positions with three startup telecommunications companies, and started his career with Ernst & Young LLP, working primarily with clients Lockheed Martin and the National Association of Securities Dealers, Inc. (NASD).

Will holds an MBA in Finance and Operations Management from the Wharton School of the University of Pennsylvania, and a BBA in Accounting from the University of Wisconsin. He is also a Certified Public Accountant.