Private equity firm and global asset manager American Capital Ltd. said on Wednesday it has hired Goldman Sachs & Co. and Credit Suisse Securities to help undergo a full strategic review of options. The review, helmed by a committee of board members, will include consideration to sell the company or its various business lines as a whole or in part, according to a news release. The company said it will increase the range of its share buyback program to $600 million to $1 billion from $300 million to $600 million. Shares of American Capital were halted in premarket trade, and are down 4.8% in the year to date. The S&P 500 index is up more than 1%.
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