Exhibit 23.3
Consent of Independent Auditors
We consent to the incorporation by reference in the following Registration Statements of American Capital, Ltd.:
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| (1) | Form S-8 (No. 333-68993) of American Capital, Ltd., |
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| (2) | Form S-8 (No. 333-60518) of American Capital, Ltd., |
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| (3) | Form S-8 (No. 333-109024) of American Capital, Ltd., |
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| (4) | Form S-8 (No. 333-109026) of American Capital, Ltd., |
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| (5) | Form S-8 (No. 333-124361) of American Capital, Ltd., |
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| (6) | Form S-8 (No. 333-135017) of American Capital, Ltd., |
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| (7) | Form S-8 (No. 333-135019) of American Capital, Ltd., |
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| (8) | Form S-8 (No. 333-160997) of American Capital, Ltd., |
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| (9) | Form S-8 (No. 333-168514) of American Capital, Ltd., |
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| (10) | Form S-8 (No. 333-93271) of American Capital, Ltd., |
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| (11) | Form S-8 (No. 333-172265) of American Capital, Ltd., |
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| (12) | Form S-8 (No. 333-139965) of American Capital, Ltd., and |
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| (13) | Form S-3 (No. 333-123340) of American Capital, Ltd.; |
of our reports dated April 1, 2013, with respect to the consolidated financial statements of American Capital Asset Management, LLC included in this Annual Report (Form 10-K/A) of American Capital, Ltd. for the year ended December 31, 2012.
/s/ Ernst & Young LLP
McLean, Virginia
April 1, 2013
