For the second quarter of 2012, we have reported total investment income of $5.3 million and net investment income of $2.6 million or $0.12 per share. Our net asset value declined slightly to $9.29 per share, and our weighted average yield on portfolio investments remained strong at an annualized rate of 11.4%.During the second quarter, we funded $28 million of new investments, most notably the $25 million participation in a $2 billion senior note offering by Everest Acquisition, LLC, which recently acquired what had been El Paso Corporation’s U.S. oil and gas exploration and production assets. Everest is owned by a group of investors led by Apollo Global Management, LLC, Riverstone Holdings, LLC and others.
NGP Capital Resources' CEO Discusses Q2 2012 Results - Earnings Call Transcript
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