ACAS American Capital, Ltd.

American Capital Strategies, Ltd. 1997 Stock Option Plan

American Capital Strategies, Ltd. 1997 Disinterested Director Stock Option Plan

American Capital Strategies, Ltd. Employee Investment and Stock Ownership Plan

American Capital Strategies, Ltd. 2000 Employee Stock Option Plan

American Capital Strategies, Ltd. 2002 Employee Stock Option Plan

American Capital Strategies, Ltd. 2003 Employee Stock Option Plan

American Capital Strategies, Ltd. 2004 Employee Stock Option Plan

American Capital Strategies, Ltd. 2005 Employee Stock Option Plan

American Capital Strategies, Ltd. 2006 Stock Option Plan

Amended and Restated American Capital Incentive Bonus Plan

American Capital Strategies, Ltd. 2007 Stock Option Plan

American Capital Strategies, Ltd. 2008 Stock Option Plan

American Capital, Ltd. 2009 Stock Option Plan

American Capital, Ltd. 2010 Disinterested Director Stock Option Plan

American Capital Strategies, Ltd. 2000 Disinterested Director Stock Option Plan

(Full Titles of the Plans)

Joshua M. Bloomstein

General Counsel, Vice President and Secretary

ACAS, LLC

2 Bethesda Metro Center, 14th Floor

Bethesda, Maryland 20814

(301) 951-6122

(Name, address, including zip code, and telephone number, including area code, of agent for service)

Please send copies of all communications to:

Monica J. Shilling

Proskauer Rose LLP

2049 Century Park East, 32nd Floor

Los Angeles, CA 90067

(310) 557-2900

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company:

DEREGISTRATION OF SECURITIES

ACAS, LLC (formerly American Capital, Ltd., a Delaware corporation), a Delaware limited liability company (the “Registrant”), is filing these post-effective amendments (these “Post-Effective Amendments”) to the following registration statements on Form S-8 (each, a “Registration Statement”, and collectively, the “Registration Statements”) to deregister any and all shares of the Registrant’s common stock, $0.01 par value per share (the “Shares”) registered but unsold or otherwise unissued under each of the following Registration Statements as of the date hereof:

Pursuant to an Agreement and Plan of Merger, dated as of May 23, 2016, by and among Ares Capital Corporation, a Maryland

corporation (“Parent”), Orion Acquisition Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Parent (“Acquisition Sub”), Ivy Hill Asset Management, L.P., a Delaware limited partnership and wholly owned portfolio company of Parent (“IHAM”), Ivy Hill Asset Management GP, LLC, a Delaware limited liability company, in its capacity as general partner of IHAM, the Registrant, American Capital Asset Management, LLC, a Delaware limited liability company and wholly owned subsidiary of the Registrant, and, solely for the limited purposes set forth therein, Ares Capital Management LLC, a Delaware limited liability company, in its capacity as Parent’s investment adviser, Acquisition Sub was merged with and into the Registrant (the “Merger”), with the Registrant continuing as the surviving entity and a wholly owned subsidiary of Parent. The Merger became effective on January 3, 2017.

As a result of the Merger, the Registrant has terminated all offerings of its securities pursuant to the Registration Statements. The Registrant, by filing these Post-Effective Amendments, hereby terminates the effectiveness of the Registration Statements and removes from registration any and all Shares registered but unsold or otherwise unissued under each of the above Registration Statements as of the date hereof. This filing is made in accordance with an undertaking made by the Registrant in Part II of each of the Registration Statements to remove from registration, by means of a post-effective amendment, any securities that had been registered for issuance but remained unsold at the termination of the offering.