Former E*Trade CEO Joins Aquiline Capital

Mitchell Caplan has joined Aquiline Capital Partners as an executive advisor, focused on the retail financial services sector. He previously was CEO of E*Trade Financial Corp.  

PRESS RELEASE

Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in financial services, today announced that Mitchell H. Caplan has joined the firm as an Executive Advisor. Mr. Caplan, who has over 20 years of experience in the financial services industry, most recently serving as Chief Executive Officer and Director of E*TRADE Financial Corporation, will be assisting Aquiline in evaluating global opportunities in the retail financial services sector.

“Mitch is a prominent leader in the financial services industry with a deep understanding of the retail investing and banking markets,” said Jeff Greenberg, Chief Executive Officer of Aquiline. “He will provide our team with valuable insight as we consider opportunities in retail financial services globally, where we see growing demand for technologically differentiated, value-based distribution platforms tailored to the individual investor.”

“I am very excited to join the talented team at Aquiline,” said Mr. Caplan. “Given the unprecedented market conditions, retail investors are seeking reliable product and service providers that offer them value and security in managing and growing their finances.”

Mr. Caplan joined E*TRADE Financial Corporation in 2000 when it acquired Telebank, which subsequently became E*TRADE Bank. Before joining E*TRADE, Mr. Caplan served as Vice Chairman of the Board, President and Chief Executive Officer of Telebank and Telebanc Financial Corporation. Prior to forming Telebank, Mr. Caplan was an associate of the law firm of Shearman & Sterling LLP.

About Aquiline Capital Partners LLC

Aquiline is a private equity firm based in New York investing in financial services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance, and transaction processing. Aquiline seeks to add value to its portfolio companies through strategic, operational, and financial guidance.