Business units
American Capital built seven billion-dollar financial institutions over the years which included: American Capital, American Capital Equity I, European Capital, American Capital Agency, American Capital Mortgage, American Capital Equity III and American Capital Asset Management. American Capital took five companies public and invested over $33 billion in middle market companies to support their buyouts and growth. During the time American Capital was public, it owned and or controlled over 155 companies and invested in over 600 companies, including well-known companies such as AAMCO, Aeriform Corporation, Affordable Care, Algoma Group, Bumble Bee Foods, Bushnell Outdoor Products, CamelBak Products, Case Logic, Confluence Kayaks, Crosman Corporation, Cycle Gear, Electrolux, Explorer Pipeline, Euro-Pro, Evenflo Company, Gibson Guitars, Meadows of Wickenburg (addiction center), Nancy's Specialty Foods, New England Confectionery Company (NECCO), Parts Plus, Piper Aircraft, Potpourri, Riddell Sports Group, Ranpak, Rug Doctor and Service Experts. American Capital, Ltd.: American Capital (ACAS), both directly and through its asset management business, originated, underwrote and managed investments in middle market private equity, leveraged finance and structured products. It participated in management and employee buyouts either by providing mezzanine and senior debt financing for buyouts led by private equity firms or by providing capital directly to companies through a "One Stop Buyout" in which it funded senior debt, mezzanine and equity and was the controlling shareholder. American Capital and its affiliates invested from $10 million to $600 million per company in North America and €10 million to €300 million per company in Europe. At its peak, American Capital had over $100 billion of assets under management.
European Capital Limited: European Capital Limited (ECAS) was an externally managed private equity and mezzanine fund. The mission of European Capital was to provide in Europe mezzanine and senior debt financing for buyouts led by private equity firms or to provide capital directly to companies through a "One Stop Buyout" in which it funded senior debt, mezzanine and equity and was the controlling shareholder. Paris and London were the first of several offices.
American Capital Agency: American Capital Agency (AGNC) was formed as an agency real estate investment trust, REIT, which it externally managed and played an important role in the growth of American Capital Management and the re-appreciation of American Capital's balance sheet.
American Capital Mortgage Investment Corp: American Capital Mortgage Investment Corp (MTGE) was a hybrid mortgage REIT, raising $581 million.
American Capital Energy & Infrastructure: American Capital Energy & Infrastructure (ACEI) invested in global energy infrastructure assets. Paul Hanrahan, former CEO of AES Corporation, was appointed CEO, John Erickson was appointed its CFO and Richard Santoroski was appointed managing director.
American Capital Equity I: This was American Capital's second externally managed private equity fund.
American Capital Equity III: This was another externally managed private equity fund, managed by the American Capital Lower Middle Market Buyout group
American Capital Senior Floating: American Capital Senior Floating (ACSF), was an externally managed BDC investing predominately in senior secured debt of middle and large market U.S. companies and equity tranches of CLOs.
