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Article: American Capital Provides Details of $63 Million Net Realized Portfolio Gains from Second Quarter 2008 Exits.
- Article from:
- PR Newswire
- Article date:
- August 26, 2008
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BETHESDA, Md., Aug. 26 /PRNewswire-FirstCall/ -- American Capital, Ltd. (or the "Company") announced today information regarding its $63 million of total net realized portfolio gains from second quarter 2008 exits, exclusive of realized gains or losses from interest rate derivatives, taxes on realized gains and foreign currency transactions. During the second quarter of 2008, American Capital received $0.5 billion of proceeds from the exits of portfolio investments.
The following is a summary of the second quarter 2008 exit proceeds, net realized gains (losses) and cumulative compounded annual rate of returns ("IRR") (in millions):
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