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Article: MVC Capital Announces Results for Its 2006 Fiscal Year.
- Article from:
- Business Wire
- Article date:
- January 10, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Record Increase in Net Assets from Operations
PURCHASE, N.Y. -- MVC Capital, Inc. (NYSE: MVC), a publicly traded business development company that makes private debt and equity investments, today announced it has reported its performance for the fiscal year ended October 31, 2006. The highlights of this performance include a record increase in the Fund's net assets resulting from operations, a record level of investment activity, a record amount of dividends paid throughout the year, and the first capital gain realized from an investment made by the current management team.
Under the Fund's current management team, net assets have grown each year. Fiscal ...