Search results
Results from the WOW.Com Content Network
American Capital was sold to Ares Management in 2017 at a sale price that totaled $4.1 billion. For those investors who bought American Capital stock in its August 29, 1997 IPO, and held their shares through the sale of American Capital on January 3, 2017, they received a 14% compounded annual return including dividends (not reinvested).
In 2013, John P. Case succeeded Mr. Lewis as CEO of the company. [6] In 2009, Clark retired as chairman. [7] In 2013, the company acquired American Realty Capital Trust, founded by Nicholas Schorsch, in a $2.95 billion transaction. [8] [9] In 2015, the company was added to the S&P 500 [10] and the S&P High Yield Dividend Aristocrats index. [11]
In 1982, the company broke records in the industry by introducing a $125 million Insured Municipal Income Trust (IMIT), soon followed by an even larger $128.5 IMIT. By 1983, the company now known as Van Kampen Merritt, Inc. had sold nearly $7 billion of trusts and was the nation's third-largest firm in that arena. [4]
*Stock Advisor returns as of October 14, 2024. American Express is an advertising partner of The Ascent, a Motley Fool company. Neil Patel and his clients have no position in any of the stocks ...
Peabody, MA, based Investment company Family Capital Trust Co buys iShares Core S&P Small-Cap during the 3-months ended 2019Q1, according to the most recent filings of the investment company ...
SPY is structured as a unit investment trust (UIT), an investment company that does not have a portfolio manager or board of directors. [11] The trustee of the trust is State Street Global Advisors Trust Company and the sponsor is PDR Services LLC, a subsidiary of Intercontinental Exchange .
(Reuters) -Apex Capital Trust has submitted a competing offer to acquire Paramount Global in an all-cash deal for up to $43 billion, the investment firm said on Wednesday.
Capital Group is an American financial services company. It ranks among the world's oldest and largest investment management organizations, with over $2.6 trillion in assets under management . Founded in Los Angeles , California in 1931, it is privately held and has offices around the globe in the Americas , Asia , Australia and Europe .