O. Garwood “Gar” Lippincott
Gar Lippincott joined Atlantic American in 2005 and is a founding principal of Atlantic American Opportunities Fund. Serving as Managing Principal, Mr. Lippincott overseas the Fund’s day-to-day operations, including marketing, as well as sourcing and underwriting investments.
Prior to joining AAOF, Gar served as President of Dominion Capital Group, a small Tampa-based merchant bank providing senior and subordinated loans, and equity capital to small businesses in the Southeast U.S. From 1984 to 1990, Gar was responsible for numerous investments in senior debt, subordinated debt, and various types of equity for the Capital Markets Group of Metropolitan Life throughout the Midwest and Southeastern U.S. Prior to his departure, he had been responsible for Met Life’s LBO activity, through a partnership with First Boston.
Beginning in 1990, at Paribas, Gar headed a team focused on the structuring, underwriting and syndication of bank lines of credit for highly leveraged borrowers. In this role, he led numerous deals for companies such as Revco Drugstores and Sealy Mattress.
From 1994 to 2003, he served as CEO of Central Electric Company, a leading provider of electrical switchgear, packaged electrical control centers and other electrical equipment sold throughout the U.S. to utilities, mines and industrials. Under his tenure at Central Electric, Gar helped grow the company from $15mm in revenue in 1994 to $50mm in revenue in 2001, at which time it was sold to AZZ Inc. (NYSE:AZZ).
Gar earned his Bachelor of Business Administration in Economics from DePauw University in 1982 and his MBA in Finance and Investments from Indiana University in 1984. He sits on several corporate and charitable boards and is a Chartered Financial Analyst.