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Office of Investment and Innovation | Leadership

Office of Investment and Innovation

Joseph Shepard
Associate Administrator
Joseph Shepard

The Office of Investment and Innovation at the U.S. Small Business Administration manages the Small Business Investment Company, the Small Business Innovation Research and Small Business Technology Transfer programs.

Prior to joining the SBA, Shepard was a partner and managing director of Archway Capital Management. He was also a director of Banc One Capital Markets, the investment banking and private equity group of Bank One Corp., now JPMorgan Chase, which also managed seven SBICs. In both positions, he was responsible for evaluating and processing direct equity and mezzanine investments, as well as providing merger, acquisition, advisory, and investment banking services. Prior to this, Shepard was an investment banker in the Investment Banking Department of Principal Financial Securities, now Wells Fargo Securities. He was active in public stock offerings, leveraged acquisition transactions and private placements of debt and equity capital for a wide range of public and private companies.

Shepard is a former investment analyst with the private equity firm Texas Pacific Capital, where he evaluated venture capital investments in early-stage growth and technology companies. Shepard began his professional career as a management consultant with KPMG. He earned an MBA from Southern Methodist University and a bachelor’s degree in business administration from Harding University.

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