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KCAP Financial Management Discusses Q2 2012 Results - Earnings Call Transcript

KCAP Financial (KCAP)

Q2 2012 Earnings Call

August 09, 2012 4:00 pm ET

Executives

Dayl W. Pearson - Chief Executive Officer, President and Director

Edward U. Gilpin - Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary

Analysts

Greg Mason - Stifel, Nicolaus & Co., Inc., Research Division

John Hecht - JMP Securities LLC, Research Division

John T. G. Rogers - Janney Montgomery Scott LLC, Research Division

Presentation

Operator

Good afternoon, ladies and gentlemen and welcome to the KCAP Financial Inc. Second Quarter 2012 Earnings Conference Call. An earnings press release was distributed on Wednesday, August 8, 2012. If you did not receive a copy, the release is available on the company's website at www.kcapfinancial.com in the Investor Relations section. [Operator Instructions] As a reminder, this conference is being recorded today, Thursday, August 9, 2012.

This call is also being hosted on a live webcast, which can be accessed at our company's website, www.kcapfinancial.com in the Investor Relations section under Events. In addition, if you would like to be added to the company's distribution list for news events, including earnings releases, please contact Denise Rodriguez at (212) 455-8300.

Today's conference call includes forward-looking statements and projections and we ask that you refer to KCAP Financial's most recent filings with the SEC for important factors that would cause actual results to differ materially from those projections. KCAP Financial does not undertake to update its forward-looking statements unless required by law.

I would now like to introduce your host for today's conference, Mr. Dayl Pearson, President and Chief Executive Officer, KCAP Financial. Mr. Pearson, you may begin.

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