Md.-based American Capital Strategies Ltd. and an affiliate invests

Daily Record, The (Baltimore), Jun 22, 2007 by Maryland

American Capital Strategies Ltd., a specialized investment company based in Bethesda, said it and an affiliate invested $125 million in Velocity Financial Group Inc., of Chicago, a newly formed, specialty finance company that will provide equipment financing and working capital to middle market and venture-backed companies.

American Capital Equity Fund I LLC, a fund managed by American Capital, provided 30 percent of the American Capital equity investment. Velocity Financial Group's management is investing alongside American Capital.

Copyright 2007 Dolan Media Newswires
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