Experienced Leadership. One-Stop Financing. Dependable Partner.

Ares Capital Corporation (“Ares Capital” or "ARCC") is a specialty finance company that is a closed-end, non-diversified management investment company. We have elected to be regulated as a business development company, or a BDC, under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. Our common stock is publicly traded on The NASDAQ Global Select Market under the ticker symbol “ARCC”. 

As of September 30, 2011, Ares Capital was one of the largest BDCs with approximately $13 billion⁽¹⁾ of total committed capital under management. Ares Capital is led by partners and managing directors who possess an average of more than 15 years of relevant middle market lending and leveraged finance experience and investment committee members who possess an average of more than 20 years of relevant experience.

Ares Capital provides one-stop solutions to meet the distinct and underserved financing needs of private middle market companies across diverse industries. Our flexibility, structuring expertise and self-origination capabilities enable us to invest across the capital structure and to meet the full spectrum of our clients’ financing needs. As a patient, long-term investor with permanent capital, we have developed a reputation for the flexibility of our approach, a willingness to hold large positions and the ability to offer sponsors and management teams increased certainty of execution.

In November 2007, Ares Capital’s portfolio company, Ivy Hill Asset Management, L.P. (“IHAM”), established Ivy Hill Middle Market Credit Fund, Ltd. (“Ivy Hill I”), an unconsolidated middle market credit fund, to capitalize on the attractive asset management opportunity in the middle market. IHAM currently manages ten unconsolidated senior debt funds: Ivy Hill I, Ivy Hill Middle Market Credit Fund II, Ltd. (“Ivy Hill II”), Ivy Hill Senior Debt Fund, L.P. and related vehicles (“Ivy Hill SDF” and, together with Ivy Hill I and Ivy Hill II, the “Ivy Hill Funds”), Knightsbridge CLO 2007-1, Ltd. and Knightsbridge CLO 2008-1, Ltd. (collectively, the “Knightsbridge Funds”), Emporia Preferred Funding I, Ltd., Emporia Preferred Funding II, Ltd. and Emporia Preferred Funding III, Ltd. (collectively, the “Emporia Funds”) and Ares Private Debt Strategies Fund II, L.P. ("PDS II") and Ares Private Debt Strategies Fund III, L.P. (collectively, with PDS II the “PDS Funds”). In addition, IHAM serves as the sub-adviser/sub-manager for four others: CoLTS 2005-1 Ltd., CoLTS 2005-2 Ltd. and CoLTS 2007-1 Ltd. (collectively, the “CoLTS Funds”) and FirstLight Funding I, Ltd. (“FirstLight”). Ares Capital has also made direct investments in securities of certain of these vehicles. As of September 30, 2011 IHAM had total committed capital under management of approximately $3.4 billion⁽²⁾. 

In October 2009, the Company completed its acquisition from Allied Capital of subordinated certificates (the “SSLP Certificates”) issued by the Senior Secured Loan Fund LLC, now called the “Senior Secured Loan Program” (the “SSLP”), an unconsolidated vehicle. The SSLP was formed in December 2007 to co-invest in “stretch senior” and “unitranche” loans (loans that combine both senior and subordinated debt, generally in a first lien position) of middle-market companies with GE Global Sponsor Finance LLC and General Electric Capital Corporation (together, “GE”). The SSLP is capitalized as transactions are completed and all portfolio decisions and generally all other decisions in respect of the SSLP must be approved by both the Company and GE.

On April 1, 2010, Ares Capital consummated the acquisition of Allied Capital Corporation (the "Allied Acquisition"), which was valued at approximately $908 million.

Ares Capital is managed by Ares Capital Management LLC (“Ares Capital Management”), a wholly owned subsidiary of Ares Management LLC (“Ares”), a global alternative asset investment management firm and SEC-registered investment adviser with offices located across the U.S., Europe and Asia. As of September 30, 2011, Ares Management LLC had approximately $42 billion⁽³⁾ of committed capital under management. Ares Capital Management is able to leverage Ares’ investment platform, resources, relationships and significant capital markets, trading and research expertise to provide us with attractive investments.