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MCG Capital Management Discusses Q3 2010 Results – Earnings Call Transcript

MCG Capital Corp. ( MCGC)

Q3 2010 Earnings Call

November 2, 2010; 11:00 am ET

Executives

Steven Tunney - President, Chief Executive Officer, Director

Steve Bacica - Chief Financial Officer & Executive Vice President

Tod Reichert - Senior Vice President & Chief Compliance Officer, Corporate Secretary

Analysts

Greg Mason - Stifel Nicolaus

Vernon Plack – BB&T Capital Markets

Steven Fox - Keefe, Bruyette & Woods

Mike Turner - Compass Point

Rick Fearon – Accretive Capital

Presentation

Operator

Good day, ladies and gentlemen, and welcome to your MCG Capital Q3 2010 Earnings Investor Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session, and instructions will follow at that time. (Operator instructions) As a reminder, today’s conference call is being recorded.

I would now like to introduce Co-Founder, President and Chief Executive Officer, Steven Tunney; and Steve Bacica, Chief Financial Officer. You may begin.

Steve Tunney

Good morning, everyone. Before we get started, I would like to have Tod Reichert, our Chief Compliance Officer to provide the necessary Safe Harbor disclosure. Tod.

Tod Reichert

Good morning, everyone. Before we begin, we would like to remind you that various statements that we may make during this morning's call will include forward-looking statements as defined under applicable securities laws.

Management's assumptions, expectations, and opinions reflected in those statements are subject to risks and uncertainties that may cause actual results and/or performance to differ materially from any future results, performance or achievements discussed in or implied by such forward-looking statements and the company can give no assurance that they will prove to be correct. Those risks and uncertainties are described in the company's earnings release and in its filings with the Securities and Exchange Commission.

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