ACH is a holding company with operations in insurance and financial services.
Message from the Chairman and President
American Capital Holdings, Inc., ("ACH") is a holding company which owns five
(5) proprietary financial products These products are known as Guaranteed
Principle Insured Convertible Securities ("GPICS(TM)"), Energy Tax Incentive
Preferred Securities ("ETIPS(TM)"), Equipment Tax Incentive Convertible
Securities ("ETICS(TM)"), Guaranteed Pension Accounting Contract Solutions
("GPACS(TM)") and Government Pension Accounting Contract Solutions
("GPACS(TM)"). The GPACS(TM) products are designed to provide solutions for
unfunded government and private sector pension plan liability. The GPICS(TM),
ETIPS(TM) and ETICS(TM) products are investment structures designed to
facilitate the use of energy and depreciation tax incentives while insuring the
capital investment through guarantees of principal.