American Capital Senior Floating, Ltd. is an externally managed, non-diversified closed-end investment management company that has elected to be treated as a business development company under the Investment Company Act of 1940. We also intend to elect to be taxed as a regulated investment company, as defined in Subchapter M of the Internal Revenue Code of 1986, as amended. Our objective is to provide attractive, risk-adjusted returns to our stockholders over the long-term primarily through current income while seeking to preserve our capital. We intend to achieve this objective by selectively constructing and actively managing a leveraged portfolio comprised primarily of diversified investments in first lien and second lien floating rate loans to large market, U.S. based companies (“Leveraged Loans”). We also opportunistically invest in equity tranches of collateralized loan obligations (“CLOs”) collateralized primarily by Leveraged Loans and may invest in debt tranches of CLOs collateralized primarily by Leveraged Loans. In addition to these assets, we may selectively invest in loans issued by middle-market companies, mezzanine and unitranche loans and high yield bonds. American Capital Senior Floating, Ltd. is externally managed by Ivy Hill Asset Management, L.P., a portfolio company of Ares Capital Corporation (NASDAQ:ARCC), a publicly traded specialty finance company that provides one-stop solutions to meet the distinct and underserved needs of private middle-market companies across diverse industries.
NEW YORK--(BUSINESS WIRE)--Feb. 23, 2017--
American Capital Senior Floating, Ltd. (NASDAQ: ACSF) announced today
that it will report earnings for the fourth quarter and fiscal year
ended December 31, 2016 on Thursday, March 9, 2017 prior to the opening
of the Nasdaq Global Select Market. American Capital Senior Floating,
Ltd. invites all interested persons to attend its webcast/conference
call at 12:00 p.m. (Eastern Time) on the same day to discuss its f...
NEW YORK--(BUSINESS WIRE)--Feb. 7, 2017--
American Capital Senior Floating, Ltd. (NASDAQ:ACSF) ("ACSF" or the
"Company") announced today that its Board of Directors has declared
monthly cash distributions of $0.097 per share of common stock for each
of February, March and April of 2017. The monthly cash distributions
will be paid to common stockholders of record as set forth in the table
BETHESDA, Md., Dec. 19, 2016 /PRNewswire/ -- American Capital Senior Floating, Ltd. (NASDAQ: ACSF) ("ACSF" or the "Company"), announced today that its Board of Directors has approved the appointment of Ivy Hill Asset Management, L.P. ("Ivy Hill"), a wholly‑owned portfolio company of Ares Capital Corporation (NASDAQ: ARCC) ("ARCC"), as the Company's new external manager, effective upon the acquisition of American Capital, Ltd. (NASDAQ: ACAS) ("ACAS") by ARCC. At present, the Company is externall...