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American Capital's CEO Discusses Q2 2012 Results - Earnings Call Transcript

American Capital, Ltd. (ACAS)

Q2 2012 Earnings Call

August 1, 2012 11:00 AM ET


Pete Deoudes – Director, Equity Capital Markets

Malon Wilkus – Chairman and CEO

Rich Konzmann – SVP, Accounting and Reporting

John Erickson – President, Structured Finance and CFO


Rick Shane – JP Morgan

Troy Ward – Stifel Nicolaus

Andrew Brady – Marathon Asset Management

Michael Tanzer – DG Capital Management

Angelo Guarino – DTI

Ken Bruce – Bank of America/Merrill Lynch

Robert Alpert – Atlas Capital

Jonathan Bock – Wells Fargo



Good morning, and welcome to the American Capital’s Second Quarter 2012 Earnings Conference Call. All participants will be in listen-only mode. (Operator Instructions) After today’s presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

At this time, I would like to turn the conference over to Peter Deoudes, Director of Investor Relations. Please go ahead, sir.

Pete Deoudes

Thank you, Laura, and thank you, everyone, for joining American Capital’s second quarter 2012 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 recitations 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 their format. Actual outcomes and results could differ materially from those forecast 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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