Kohlberg Capital Corp. Reports 4Q Profit

The company, which completed an initial public offering in December 2006, reported net investment income, excluding net unrealized losses, of $7.2 million, or 40 cents per share, in the fourth quarter. For the year, net investment income, excluding net unrealized losses, was $25.3 million, or $1.41 per share.

The company said results reflect increased interest income from the growth of its investment portfolio to $505.3 million at year-end from $249.2 million at the beginning of 2007.

Total assets as of Dec. 31 were $533.1 million, compared with $282.4 million at the end of 2006.