american capital financial services

Founded in 1986, American Capital, Ltd. operated as a business development company (BDC) and global asset manager. It provided debt and equity financing to middle-market private companies and managed alternative investment funds. The firm's mission was to provide shareholders with long-term capital appreciation and current income. Over its history, it invested billions in hundreds of companies across various industries. In 2017, after facing pressure from activist investors and a strategic review, American Capital was acquired by Ares Capital Corporation, and its asset management business was sold to Oaktree Capital Management, effectively ceasing its independent operations.