Financial Services >> CEO Interviews >> November 28, 2012
Interview with the CEO, President and Chairman: Triangle Capital Corporation (TCAP)
Garland S. Tucker III, Chief Executive Officer and Chairman of the board of directors of Triangle Capital Corporation, cofounded Triangle Capital Corporation’s predecessor companies, Triangle Capital Partners, LLC and Triangle Mezzanine Fund LLLP in 2002 and 2003 respectively. Prior to cofounding Triangle, Mr. Tucker and an outside investor group sold First Travelcorp, a corporate travel services company that he and the investors founded in 1991. For the two years preceding the founding of First Travelcorp, Mr. Tucker served as Group Vice President, Chemical Bank, New York, with responsibility for Southeastern corporate finance. Prior to Chemical Bank, Mr. Tucker spent a decade with Carolina Securities Corporation, serving as President and Chief Executive Officer until 1988. During his tenure, Carolina Securities Corporation was a member of the New York Stock Exchange, and Mr. Tucker served a term as President of the Mid-Atlantic Securities Industry Association. He entered the securities business in 1975 with Investment Corporation of Virginia. Mr. Tucker is a graduate of Washington & Lee University and Harvard Business School. Profile
TWST: Give us just a background and an overview of Triangle.
Mr. Tucker: Triangle operates as an internally managed BDC, but we began about 10 years ago as a limited-partnership