About Ares Capital Corporation

Experienced Leadership.
One-Stop Financing.
Dependable Partner.

Doctor performing a procedure

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.


Members of ARCC's Investment Committee possess an average of over 30 years of relevant experience.

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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

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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)
  • $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

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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
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For Portfolio Companies and Financial Sponsors:
  • Long-term patient investor with permanent capital
  • Flexible and creative structures with ability to meet financing needs
  • Active in all market environments
  • Ability to grow capital base with clients' needs over time
  • Execution speed
  • Enhanced certainty of closing 
  • Significant resources and managerial assistance
  • Deep industry relationships
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More About Us

*Not every investment meets each of the criteria.

(1) Largest publicly traded BDC by market capitalization as of December 31, 2023.

(2) Includes Ares Capital and certain of its financial services portfolio companies.