SHAREHOLDER UPDATES
2009 Annual Meeting of Shareholders
AMERICAN CAPITAL NEWS
American Capital Provides Additional Information on Dividend
American Capital Declares $1.07 Dividend Per Share
NEWSLETTER
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Robert K. Grunewald
Managing Director, Financial Services Group
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Bob Grunewald joined American Capital in April 2006 as Managing Director of the Financial Services Group. Prior to joining American Capital, Mr. Grunewald had been Managing Director at Wachovia Securities, where he founded and led the Specialty Finance Investment Banking practice. Before joining Wachovia Securities, Mr. Grunewald headed the Specialty Finance Mergers and Acquisitions practice at NationsBank Securities. Mr. Grunewald’s financing, structuring and advisory experience encompasses the commercial and consumer finance industries as well as the insurance and asset management sectors. He has worked in the Financial Services industry for over 15 years completing numerous mergers and acquisitions, public and private equity raises and structured financings.
Mr. Grunewald holds a Master of Business Administration from Georgia State University and a Bachelor of Business Administration from the University of Notre Dame.

