Experienced Leadership.
One-Stop Financing.
Dependable Partner.

Ares Capital Corporation (NASDAQ: ARCC) is a market-leading Business Development Company and one of the largest direct lenders in the U.S.⁽¹⁾ Our dynamic global platform combines powerful origination capabilities and extensive knowledge to deliver comprehensive solutions to meet the distinct and underserved financing needs of private middle-market companies across a wide range of industries. As a patient, long-term investor with permanent capital, we are able to hold large positions and have the ability to offer sponsors and management teams enhanced certainty of execution.

Our Scale

Ares Capital is a market-leading Business Development Company and one of the largest direct lenders in the U.S.⁽¹⁾

We have elected to be regulated as a business development company ("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".

Ares Capital is able to leverage the power of the broader Ares platform to access resources, relationships and significant capital markets, trading and research experience to provide ARCC with attractive investment opportunities.

Experience

Members of ARCC's Investment Committee possess an average of over 31 years of relevant experience.

Investment professionals walking and talking

Our Investment Approach

We invest across a range of industries, targeting market-leading companies with a history of stable cash flows, demonstrated key differentiators, identifiable growth prospects, and experienced management teams. Our investment strategy focuses on:

• Intensive due diligence
• Structuring experience
• Disciplined underwriting
• Active portfolio management
• Agenting or leading transactions

Our Channels and Partners

Financial professionals meeting at a cafe

Financial Sponsors

We directly cover financial sponsors and commit debt and equity capital.

Direct Investments

We have direct relationships with management teams, entrepreneurs, family offices and small deal sponsors seeking capital, as well as interfacing through intermediaries.

Capital Markets

We underwrite for our own investment, syndicate middle market loans, and occasionally invest in syndicated/club transactions.

Our Investments

Types of Investments:

Revolver, first lien, second lien, stretch senior, unitranche, subordinated loans, private/public high yield, non-control equity

Transaction Types:

Leveraged Buyouts
Acquisitions
Recapitalizations
Growth Capital
General Refinancing
Project Finance/Power Generation
Rescue Financing
Restructurings

Target Investment Characteristics*:

Commitment & Hold Range⁽²⁾ :

$30 to $500+ million (Corporate)

EBITDA Range:

$10 to $250+ million (Corporate only)

Sectors We Invest In:

Primary Industries

Software and Services
Health Care Services
Commercial and Professional Services
Insurance Services
Consumer Services

Project Finance

Power generation projects
Energy efficiency projects
Energy services

Potential Benefits to Investors, Portfolio Companies and Financial Sponsors

Investor using his computer and mobile phone

For Investors:

Dedicated and experienced professionals
Access to relationships, market intelligence, deal flow, research, infrastructure, due diligence and experience of the broader Ares Management Corporation platform
Opportunities for shareholder returns generated through net interest and dividends from investments, fee income, and, in some cases, net capital gains from equity investments
Long-term and short-term strategies focused on maximizing relative value through economic cycles
Multi-asset class track record and experience
Disciplined growth with a focus on long-term value creation and capital preservation