Capital Group is a privately owned global investment manager headquartered in Los Angeles and led by president and CEO Mike Gitlin. It reported more than $3.6 trillion in assets under management and more than 9,300 associates as of June 30, 2026. It offers mutual funds, ETFs, separately managed accounts, collective investment trusts and retirement plan services.
The firm has 34 offices in 15 countries, including a large office campus on Wiseman Boulevard in San Antonio, Texas.
Capital Group History:
- In October 2023, Mike Gitlin became president and CEO.
- In 1982, Capital Group opened its first office in Asia, in Tokyo.
- In 1962, it opened its first European office, in Geneva.
- In 1933, it took over management of The Investment Company of America, the base of the American Funds family.
- Founded in 1931 in Los Angeles by Jonathan Bell Lovelace.