(1) At fair value.
(2) Represents ARCC's portion of its co-investments with Varagon Capital Partners and its clients in first lien senior secured loans to U.S. middle-market companies. As of March 31, 2023, the Senior Direct Lending Program, LLC (the "SDLP") had loans to 22 different borrowers. The portfolio companies in the SDLP are in industries similar to companies in ARCC's portfolio.
(3) Includes ARCC's investment SDLP, which represented 5.98% of the total investment portfolio at fair value as of March 31, 2023.
(4) Includes ARCC's equity and subordinated loan investments in IHAM, which represented 11% of the total investment potfolio at fair value as of March 31, 2023.
Portfolio of Investments
Company/Description | Region | Senior Secured Loan* | Senior Subordinated | Equity/Other | Industry |
---|---|---|---|---|---|
2U, Inc. Provider of course design and learning management system to educational institutions | Mid Atlantic | Software & Services | |||
AB Issuer LLC Provider of professional at home services, residential cleaning and elderly residential care services | Mid Atlantic | Consumer Services | |||
Absolute Dental Group LLC and Absolute Dental Equity, LLC Dental services provider | West | Health Care Services | |||
Abzena Holdings, Inc. and Astro Group Holdings Ltd. Organization providing discovery, development and manufacturing services to the pharmaceutical and biotechnology industries | West | Pharmaceuticals, Biotechnology & Life Sciences | |||
ACAS Equity Holdings Corporation Investment company | West | Investment Funds and Vehicles | |||
Accommodations Plus Technologies LLC and Accommodations Plus Technologies Holdings LLC Provider of outsourced crew accommodations and logistics management solutions to the airline industry | Mid Atlantic | Commercial & Professional Services | |||
Acrisure, LLC and Acrisure Finance , Inc. Independent property and casualty insurance brokerage | Midwest | Insurance Services | |||
ADF Capital, Inc., ADF Restaurant Group, LLC, and ARG Restaurant Holdings, Inc. Restaurant owner and operator | Mid Atlantic | Consumer Services | |||
ADG, LLC and RC IV GEDC Investor LLC Dental services provider | Midwest | Health Care Services | |||
Advarra Holdings, Inc. Provider of central institutional review boards over clinical trials | Mid Atlantic | Health Care Services | |||
Aero Operating LLC Provider of snow removal and melting service for airports and marine terminals | Mid Atlantic | Commercial & Professional Services | |||
AffiniPay Midco, LLC and AffiniPay Intermediate Holdings, LLC Payment processing solution provider | Midwest | Software & Services | |||
AHR Funding Holdings, Inc. and AHR Parent Holdings, LP Provider of Revenue Cycle Management solutions to hospitals | Southeast | Health Care Services | |||
AI Aqua Merger Sub, Inc. End to end provider of water solutions to a wide range of customer bases | Midwest | Capital Goods | |||
AI Fire Buyer, Inc. and AI Fire Parent LLC Provider of fire safety and life safety services | West | Commercial & Professional Services | |||
AIM Acquisition, LLC Manufacturer of component repair materials, consumables and engine components for the aerospace sector | Midwest | Capital Goods | |||
Aimbridge Acquisition Co., Inc. Hotel operator | Midwest | Consumer Services | |||
Alcami Corporation and ACM Holdings I, LLC Outsourced drug development services provider | Southeast | Pharmaceuticals, Biotechnology & Life Sciences | |||
Alcami Corporation and ACM Note Holdings, LLC Outsourced drug development services provider | Southeast | Pharmaceuticals, Biotechnology & Life Sciences | |||
Alera Group, Inc. Insurance service provider | Midwest | Insurance Services | |||
American Residential Services L.L.C. and Aragorn Parent Holdings LP Heating, ventilation and air conditioning services provider | Southeast | Consumer Services | |||
American Seafoods Group LLC and American Seafoods Partners LLC Harvester and processor of seafood | West | Food & Beverage | |||
Amryt Pharmaceuticals, Inc. Biopharmaceutical company dedicated to acquiring, developing and commercializing novel therapeutics | International | Pharmaceuticals, Biotechnology & Life Sciences | |||
Amynta Agency Borrower Inc. and Amynta Warranty Borrower Inc. Insurance service provider | Mid Atlantic | Insurance Services | |||
Anaplan, Inc. Provider of cloud-based connected planning platforms for business analytics | West | Software & Services | |||
Anaqua Parent Holdings, Inc. & Astorg VII Co-Invest Anaqua Provider of intellectual property management lifecycle software | Northeast | Software & Services | |||
Apex Clean Energy TopCo, LLC Developer, builder and owner of utility-scale wind and solar power facilities | Mid Atlantic | Power Generation | |||
APG Intermediate Holdings Corporation and APG Holdings, LLC Aircraft performance software provider | West | Software & Services | |||
API Commercial Inc., API Military Inc., and API Space Intermediate, Inc. Provider of military aircraft aftermarket parts and distribution, repair and logistics services | Southeast | Capital Goods | |||
Applied Technical Services, LLC Provider engineering, testing, and inspection services to various industrial, commercial and consumer customers | Southeast | Commercial & Professional Services | |||
Appriss Health, LLC and Appriss Health Intermediate Holdings, Inc. Software platform for identification, prevention and management of substance use disorder | Southeast | Software & Services | |||
Apptio, Inc. Provider of cloud-based technology business management solutions | West | Software & Services | |||
Aptean, Inc. and Aptean Acquiror Inc. Provider of CRM, ERP and supply chain software application | Southeast | Software & Services | |||
AQ Sage Buyer, LLC Provider of actuarial consulting and comprehensive wealth management services | West | Diversified Financials | |||
AQ Sunshine, Inc. Specialized insurance broker | West | Insurance Services | |||
Ardonagh Midco 2 plc and Ardonagh Midco 3 plc Insurance broker and underwriting servicer | International | Insurance Services | |||
ARES 2007-3R Investment vehicle | International | Investment Funds and Vehicles | |||
Argenbright Holdings V, LLC and Amberstone Security Group Limited Provider of outsourced security guard services, outsourced facilities management and outsourced aviation services | Southeast | Commercial & Professional Services | |||
Arrowhead Holdco Company and Arrowhead GS Holdings, Inc. Distributor of non-discretionary, mission-critical aftermarket replacement parts | Midwest | Capital Goods | |||
ASP Dream Acquisition Co LLC Provider of academic intervention and behavioral health services for children | Mid Atlantic | Education | |||
ASP-r-pac Acquisition CO LLC and ASP-r-pac Holdings LP Manufacturer and supplier of printed packaging and trimmings | Mid Atlantic | Materials | |||
AthenaHealth Group Inc., Minerva Holdco, Inc. and BCPE Co-Invest (A), LP Revenue cycle management provider to the physician practices and acute care hospitals | Northeast | Health Care Services | |||
Athyrium Buffalo LP Biotechnology company engaging in the development, manufacture, and commercialization of novel neuromodulators | Southeast | Pharmaceuticals, Biotechnology & Life Sciences | |||
ATI Restoration, LLC Provider of disaster recovery services | West | Consumer Services | |||
Atlas Intermediate III, L.L.C. Specialty chemicals distributor | Mid Atlantic | Retailing and Distribution | |||
Automotive Keys Group, LLC and Automotive Keys Investor, LLC Provider of replacement wireless keys for automotive market | Midwest | Automobiles & Components | |||
Avalara, Inc. Provider of cloud-based solutions for transaction tax compliance worldwide | West | Software & Services | |||
Aventine Intermediate LLC & Aventine Holdings II LLC Media and production company | Mid Atlantic | Media & Entertainment | |||
Aventiv Technologies, LLC and Securus Technologies Holdings, Inc. Provider of inmate telecom solutions to corrections and law enforcement agencies | Southeast | Telecommunication Services | |||
Avetta, LLC Supply chain risk management SaaS platform for global enterprise clients | West | Software & Services | |||
Axiomatic, LLC Premiere e-sports and video game investment platform | West | Media & Entertainment | |||
AxiomSL Group, Inc. and Calypso Group, Inc. Provider of risk data management and regulatory reporting software | West | Software & Services | |||
BAART Programs, Inc., MedMark Services, Inc., and Canadian Addiction Treatment Centres LP Opiod treatment provider | Southeast | Health Care Services | |||
Badger Sportswear Acquisition, Inc. Provider of team uniforms and athletic wear | Southeast | Consumer Durables & Apparel | |||
Balrog Acquisition, Inc., Balrog Topco, Inc. and Balrog Parent, L.P. Manufacturer and distributor of specialty bakery ingredients | West | Food & Staples Retailing | |||
Bambino Group Holdings, LLC Dental services provider | Southeast | Health Care Services |
*Represents investments in first lien senior secured loans (including "unitranche" loans, which are loans that combine both senior and subordinated debt, generally in a first lien position) and second lien senior secured loans.