David M. Lavalle

Managing Director, Portfolio Manager & Co-Chief Investment Officer at American Capital Management

Previously, David worked at Morgan Stanley for two years in their Leveraged and Acquisition Finance Group where his responsibilities included analysis for underwriting and syndicating high yield bonds and leveraged loans. Prior to joining Morgan Stanley, David served as a Captain in the U.S. Army and is a veteran of Operation Iraqi Freedom. He coordinated with foreign militaries in the Pacific region on missile defense measures and deployed to Iraq the Army’s first weapons system designed to identify and destroy incoming mortar and rocket rounds. David graduated from Stanford University with a BA in Political Science. He began his investment career as a summer research intern at ACM and was subsequently employed as a research analyst before starting active military service.