ATEL Capital Group Announces Liquidation of Fund V ? World ...

Dec 31, 2012

ATEL Capital Group Announces Liquidation of Fund V

ATEL Capital Group is pleased to announce the liquidation of ATEL Cash Distribution Fund V (?The Fund?). The Fund has completed the sale of its remaining assets as of November 16, 2012 and will be making a distribution to its investors in December 2012. With the closure of The Fund, ATEL continues its long standing record of providing positive returns to its investors. Dean Cash, President and CEO stated, ?In the final analysis, it was ATEL?s emphasis on credit quality coupled with our diligent asset management that created the Fund?s financial success. Our asset management expertise also contributed to the Fund successfully navigating three national economic downturns: the savings & loan crisis in the mid-nineties, the dot-com bust in 2002, and the great recession of 2008 and 2009.?

To date, ATEL has closed and liquidated prior Funds whose original capital investment totaled more than $320,000,000.

About ATEL Capital Group ATEL Capital Group is an international financial services company that offers its clients a wide array of financial solutions including equipment leasing, asset-based lending, venture finance, lease administration and asset management. Since its inception, ATEL has sponsored fourteen public SEC-registered equipment leasing programs as well as seven private growth capital investment programs. On August 20, 2012, the U.S. Securities and Exchange Commission declared effective ATEL Growth Capital Fund 8, LLC, a unique public fund formed to provide debt financing to emerging growth and pre-IPO companies. ATEL?s family of Funds has attracted over 46,000 investors since ATEL?s first public program was created in 1986. Additional information about ATEL Capital Group can be found on the Company?s web site at www.atel.com.

Source: http://www.worldleasingnews.com/news/atel-capital-group-announces-liquidation-of-fund-v/

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