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Exclusive: Ares, Apollo vying for American Capital - sources

Ares Management LP and Apollo Investment Corp, the business development company of Apollo Global Management LLC, are among those competing for the assets of American Capital Ltd, people familiar with the matter said.

Fortress Investment Group LLC and Blackstone Group LP have also submitted expressions of interest in the auction for American Capital, a U.S. private equity and credit investment firm with a market capitalization of $3.8 billion, the people said this week.

American Capital, which said in January it would solicit offers for the company and its various business...


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