Equus Announces Appointments of Fraser Atkinson as Chairman and John J. May as Director
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 06 2025
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Should l Buy EQS?
Source: Newsfilter
New Appointments at Equus Total Return, Inc.: Fraser Atkinson has been appointed as the independent Chairman of the Board and John J. May as an independent director, effective immediately. Both will serve on various committees within the Fund.
John J. May's Background: Mr. May brings over 50 years of experience as a Chartered Accountant and has held significant roles in public and private companies, particularly in mining, energy, and oil and gas sectors. He is also involved with lobbying groups representing small and medium-sized businesses in the UK.
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About EQS
Equus Total Return, Inc. (the Fund) is a closed-end management investment company. The Fund's investment objective is to maximize the total return to the Company's stockholders in the form of current investment income and long-term capital gains by investing in the debt and equity securities of small and middle market capitalization companies that are generally not publicly traded at the time of its investment. It seeks to invest in companies pursuing growth through acquisition or organically, leveraged buyouts, management buyouts and recapitalizations of existing businesses or special situations. The Fund's income-producing investments includes debt securities, including subordinate debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock. It invests in the portfolio company, Equus Energy, LLC, which makes investments in companies in the energy sector, with particular emphasis on income-producing oil and gas properties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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