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American Capital's CEO Discusses Q4 2011 Results - Earnings Call Transcript

American Capital, Ltd. (ACAS)

Q4 2011 Earnings Conference Call

February 15, 2012 11:00 AM ET

Executives

Pete Deoudes – Director, Equity Capital Markets

Malon Wilkus – Chairman and CEO

John Erickson – President, Structured Finance and CFO

Analysts

Joel Houck – Wells Fargo

Greg Mason – Stifel Nicolaus

Vernon Plack – BB&T Capital Markets

Jasper Burch – Macquarie

John Hecht – JMP Securities

Dean Choski – UBS

Jared Cohen – Fortress

Jordan Hymowitz – Philadelphia Financial

Steven Horwitz – Westminster Financial

Presentation

Operator

Good morning. My name is Debbie and I’ll be your conference operator today.

At this time, I’d like to welcome everyone to the American Capital shareholders’ call.

All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions). Thank you.

Mr. Pete Deoudes, Director of Equity Capital Markets, please go ahead.

Pete Deoudes

Thank you, Debbie. Thank you, everyone, for joining American Capital's fourth quarter 2011 earnings call. Before we begin the call, I'd like to review the Safe Harbor statement.

This conference call and corresponding slide presentation contains statements that to the extent they are not resuscitations of historical fact, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All such forward-looking statements are intended to be subject to the Safe Harbor protection provided by the Reform Act. Actual outcomes and results could differ materially from those forecasts due to the impact of many factors beyond the control of American Capital. All forward-looking statements included in this presentation are made only as of the date of this presentation and are subject to change without notice.

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