More specifically, we believe BDCs, such as AINV, are well-positioned to evolve in the current environment to become private market debt solution providers. Historically, we have a been almost singularly focused on providing acquisition finance as financial sponsors. We need to broaden our product across the capital structure. And in order to capitalize on this opportunity, we are methodically working to broaden our portfolio and then turn our product offering to provide a wider array of proprietary debt solutions and we are also striving to enhance our proprietary origination efforts. Eileen will elaborate on this point during her remarks.Given the opportunities that we believe are available to us in the broad financial services landscape, the board has decided to make several changes with respect to AINV's senior management, our dividend and capital base.
Apollo Investment's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.