American Capital LLC, our asset management company, at 806 million of fair market value, is now our largest portfolio company investment. After successfully serving the shareholders of American Capital Agency, and American Capital Mortgage by generating some of the highest returns in their industry, we helped raise a combined 644 million of equity for these two funds in the second quarter. We are pleased that we were able to grow our existing funds under management and look forward to increase the number of her funds under management overtime.In addition, our portfolio companies, both in the U.S. and Europe experienced moderate revenue and EBITDA growth year-over-year. Our U.S. portfolio experienced unrealized appreciation and notably, European Capital’s euro denominated NAV held steady.
American Capital's CEO Discusses Q2 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