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Powell departs Arc Capital

Chris Powell has departed Arc Capital and Income (ACI), the UK structured products distributor, where he was managing director. Powell has left the company with immediate effect to pursue other avenues in financial services, says ACI. His replacement has not yet been announced.

    • Sophia Morrell
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ACI was part of a management buyout in October 2008 which saw it de-list from the Alternative Investment platform of the London Stock Exchange.

Arc Capital and Income was one of three subsidiaries, along with Arc Fund Management and Arc Equity, that came under the umbrella of Arc Fund Management Holdings which was listed on LSE. All three were purchased by John Gracey, who was previously the financial director of Arc Fund Management holdings.

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People: December 2008

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