Bethesda, MD -- American Capital Strategies, Ltd. (Nasdaq:ACAS) announced today that its common stock has been added to The Nasdaq Financial 100 Index. The Index consists of 100 of the largest financial companies listed on the Nasdaq National Market tier of The Nasdaq Stock Market.
In addition, Frank Russell Company has included American Capital in its preliminary lists of companies to be added from the ranking of stocks that make up the Russell 2000. Final index membership will go into effect July 1 and remain in place for one year. Membership in Russell's indexes is determined by market capitalization rankings. The preliminary list is not the final official Russell index membership and is subject to change prior to July 1, when it goes into effect. According to Russell, the company posts preliminary lists of companies moving in or out of the indexes to allow investors and money managers an estimation of which companies will be included in its newly rebalanced indexes.
American Capital is a publicly traded buyout and mezzanine fund. American Capital is an equity partner in management and employee buyouts; invests in debt and equity of companies led by private equity firms, and provides capital directly to private and small public companies. American Capital funds growth, acquisitions and recapitalizations.
Companies interested in learning more about American Capital's flexible financing and ability to provide senior debt, subordinated debt and equity should contact Mark Opel, Principal, at (800) 248-9340, or visit our website.
Capital.com, Inc., funded by investments from American Capital Strategies, Ltd. (Nasdaq:ACAS) and First Union Corp. (NYSE: FTU), is a business finance portal where premier financing sources compete to provide receivable and inventory financing, machinery and equipment loans and leasing, real estate and construction financing, subordinated debt and equity financing for growth, acquisitions, management buyouts, liquidity, recapitalizations, ESOP transactions and SBA loans. Companies in need of financing or information about financial services should contact Capital.com at info@Capital.com, or call Harry Kelly, vice president, at (646) 935-1100.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The statements regarding expected results of American Capital Strategies are subject to various factors and uncertainties, including the uncertainties associated with the timing of transaction closings, changes in interest rates, availability of transactions, changes in regional or national economic conditions, or changes in the conditions of the industries in which American Capital has made investments.
