Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of September 30, 2021, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $17.7 billion, and consisted of 371 portfolio companies backed by 188 different private equity sponsors. Ares Capital has a diversified portfolio in terms of issuer concentration, asset class, industry sector and geographic representation.

Portfolio Composition

*Snapshot as of September 30, 2021⁽¹⁾

Issuer Concentration Composition

 

Asset Class Composition

 

Industry Composition

 

Geographic Composition

 

(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 September 30, 2021, the Senior Direct Lending Program, LLC (the "SDLP") had loans to 17 different borrowers. The portfolio companies in the SDLP are in industries similar to companies in ARCC's portfolio. 

(3) Includes ARCC's investment in the SDLP, which represented 5.3% of the total investment portfolio at fair value as of September 30, 2021.

Portfolio of Investments

*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.