Allied Capital Corporation

Industry:	Venture Capital & Private Equity
Ranking:	Russell 3000
Revenues:	$461.7 Million
Employees:	701

Description

Allied Capital Corporation (ACC) is a closed-end, non-diversified management investment company that operates as a business development company. The Company’s investment objective is to achieve current income and capital gains. The Company is engaged in private equity business. ACC primarily invests in debt and equity securities of private companies in a variety of industries. From time to time, it may invest in companies that are public but lack access to additional public capital. At December 31, 2007, the Company’s private finance portfolio included investments in 120 companies. In addition to managing its own assets, ACC manages certain funds that also invest in the debt and equity securities of primarily private middle-market companies in a variety of industries. It may invest in the equity of these funds, along with other third parties. In September 2008, ACC announced that its Ciena Capital LLC unit filed for bankruptcy protection. In September 2008, ACC sold Norwesco, Inc.

Products & Services

business development, investment, equity investment capital, long-term debt, private equity, equity financing

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News Archive

Allied Capital Announces Cancellation of Special Meeting. Investment Weekly News; 11/21/2009 Allied Capital Corporation (NYSE: ALD) announced...whereby Ares Capital has agreed to acquire Allied Capital, subject to certain closing conditions and stockholder approval. Allied Capital and Ares Capital will instead issue... ...more

Allied Capital Earnings to be Released November 5, 2009; Conference Call with Ares Capital Scheduled. Business Wire; 11/2/2009 WASHINGTON -- Allied Capital Corporation (NYSE: ALD) announced...its third quarter earnings, (ii) Allied Capital will present its third quarter earnings and (iii) Ares Capital and Allied Capital will discuss the recently announced... ...more

Ares Capital Corporation to Acquire Allied Capital Corporation. Mergers & Acquisitions Business; 11/11/2009 ...Corporation (NASDAQ: ARCC) and Allied Capital Corporation (NYSE: ALD) announced...which Ares Capital will acquire Allied Capital in an all stock transaction currently...or approximately $3.47 per Allied Capital share. This represents a 27... ...more