Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of June 30, 2020, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $13.8 billion, and consisted of 352 portfolio companies backed by 167 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 June 30, 2020⁽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 June 30, 2020, 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 in the SDLP, which represented 6% of the total investment portfolio at fair value as of June 30, 2020.

Portfolio of Investments

Investments as of March 31, 2019 Investments as of June 30, 2020
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
Cipriani USA, Inc.

Manager and operator of banquet facilities, restaurants, hotels and other leisure properties

Mid AtlanticConsumer Services
Clearwater Analytics, LLC

Provider of integrated cloud-based investment portfolio management, accounting, reporting and analytics software

WestSoftware & Services
CMW Parent LLC (fka Black Arrow, Inc.)

Multiplatform media firm

Mid AtlanticMedia & Entertainment
CoLTs 2005-1 Ltd.

Investment vehicle

InternationalInvestment Funds and Vehicles
CoLTs 2005-2 Ltd.

Investment vehicle

InternationalInvestment Funds and Vehicles
Commercial Credit Group, Inc.

Commercial equipment finance and leasing company

SoutheastDiversified Financials
Comprehensive EyeCare Partners, LLC

Vision care practice management company

MidwestHealth Care Services
Concert Golf Partners Holdco LLC

Golf club owner and operator

WestConsumer Services
Consumer Health Parent LLC

Developer and marketer of over-the-counter cold remedy products

Mid AtlanticPharmaceuticals, Biotechnology & Life Sciences
Convey Health Solutions, Inc.

Workforce management solutions provider

SoutheastHealth Care Services
Cority Software Inc., IQS, Inc. and Project Falcon Parent, Inc.

Provider of environmental, health and safety software to track compliance data

InternationalSoftware & Services
Cozzini Bros., Inc. and BH-Sharp Holdings LP

Provider of commercial knife sharpening and cutlery services in the restaurant industry

MidwestCommercial & Professional Services
CPV Maryland Holding Company II, LLC

Gas turbine power generation facilities operator

Mid AtlanticPower Generation
Creation Holdings Inc.

Manufacturer of electrical systems

InternationalCapital Goods
CREST Exeter Street Solar 2004-1

Investment vehicle

InternationalInvestment Funds and Vehicles
Crown Health Care Laundry Services, LLC and Crown Laundry Holdings, LLC

Provider of outsourced healthcare linen management solutions

SoutheastCommercial & Professional Services
CST Buyer Company (d/b/a Intoxalock)

Provider of ignition interlock devices

MidwestConsumer Services
CVP Holdco, Inc. and OMERS Wildcats Investment Holdings LLC

Veterinary hospital operator

Mid AtlanticHealth Care Services
D4C Dental Brands HoldCo, Inc. and Bambino Group Holdings, LLC

Dental services provider

SoutheastHealth Care Services
Datix Bidco Limited

Global healthcare software company that provides software solutions for patient safety and risk management

InternationalSoftware & Services
DCA Investment Holding, LLC

Multi-branded dental practice management

SoutheastHealth Care Services
DecoPac, Inc.

Supplier of cake decorating solutions and products to in-store bakeries

MidwestFood & Staples Retailing
DFC Global Facility Borrower III LLC

Non-bank provider of alternative financial services

Mid AtlanticDiversified Financials
DFS Holding Company, Inc.

Distributor of maintenance, repair, and operations parts, supplies, and equipment to the foodservice industry

MidwestCapital Goods
DGH Borrower LLC

Developer, owner and operator of quick start, small-scale natural gas-fired power generation projects

Mid AtlanticPower Generation
Directworks, Inc. and Co-Exprise Holdings, Inc.

Provider of cloud-based software solutions for direct materials sourcing and supplier management for manufacturers

Mid AtlanticSoftware & Services
Display Holding Company, Inc., Saldon Holdings, Inc. and Fastsigns Holdings Inc.

Provider of visual communications solutions

MidwestRetailing and Distribution
Dorner Holding Corp.

Manufacturer of precision unit conveyors

MidwestCapital Goods
DRB Holdings, LLC

Provider of integrated technology solutions to car wash operators

MidwestTechnology Hardware & Equipment
Drilling Info Holdings, Inc. and Titan DI Preferred Holdings, Inc.

SaaS based business analytics company focused on oil and gas industry

MidwestSoftware & Services
DRS Holdings III, Inc. and DRS Holdings I, Inc.

Footwear and orthopedic foot-care brand

SoutheastConsumer Durables & Apparel
DTI Holdco, Inc. and OPE DTI Holdings, Inc.

Provider of legal process outsourcing and managed services

SoutheastCommercial & Professional Services
Dynatrace, Inc.

Web and mobile cloud performance testing and monitoring services provider

NortheastSoftware & Services
eCapital Finance Corp.

Consolidator of commercial finance businesses

SoutheastDiversified Financials
Eckler Industries, Inc. and Eckler Purchaser LLC

Restoration parts and accessories provider for classic automobiles

SoutheastAutomobiles & Components
Emergency Communications Network, LLC

Provider of mission critical emergency mass notification solutions

SoutheastTelecommunication Services
Emerus Holdings, Inc.

Freestanding 24-hour emergency care micro-hospitals operator

SoutheastHealth Care Services
EP Purchaser, LLC., Entertainment Partners Canada ULC and TPG VIII EP Co-Invest II, L.P.

Provider of entertainment workforce and production management solutions

WestSoftware & Services
Episerver Inc. and Goldcup 17308 AB

Provider of web content management and digital commerce solutions

NortheastSoftware & Services
eResearch Technology, Inc. and Astorg VII Co-Invest ERT

Provider of mission-critical, software-enabled clinical research solutions

Mid AtlanticSoftware & Services
ESCP PPG Holdings, LLC

Distributor of new equipment and aftermarket parts to the heavy-duty truck industry

Mid AtlanticCapital Goods
European Capital UK SME Debt LP

Investment partnership

InternationalInvestment Funds and Vehicles
Everspin Technologies, Inc.

Designer and manufacturer of computer memory solutions

WestTechnology Hardware & Equipment
Evolent Health LLC and Evolent Health, Inc.

Medical technology company focused on value based care services and payment solutions

SoutheastHealth Care Services
Excelligence Holdings Corp.

Developer, manufacturer and retailer of educational products

WestEducation
EZ Elemica Holdings, Inc. & Elemica Parent, Inc

SaaS based supply chain management software provider focused on chemical markets

NortheastSoftware & Services
FAMS Holdings, Inc.

Debt collection services provider

Mid AtlanticDiversified Financials
Ferraro Fine Foods Corp. and Italian Fine Foods Holdings L.P.

Specialty Italian food distributor

Mid AtlanticFood & Beverage
First Insight, Inc.

Software company providing merchandising and pricing solutions to companies worldwide

Mid AtlanticSoftware & Services
Flinn Scientific, Inc. and WCI-Quantum Holdings, Inc.

Distributor of instructional products, services and resources

MidwestEducation
Flow Control Solutions, Inc.

Distributor and manufacturer of flow control systems components

Mid AtlanticCapital Goods
FM: Systems Group LLC

Provider of facilities and space management software solutions

SoutheastSoftware & Services
Foundation Risk Partners, Corp.

Full service independent insurance agency

SoutheastInsurance Services
Frontline Technologies Group Holding LLC, Frontline Technologies Blocker Buyer, Inc., Frontline Technologies Holdings, LLC and Frontline Technologies Parent, LLC

Mid AtlanticSoftware & Services
FS Squared Holding Corp. and FS Squared, LLC

Provider of on-site vending and micro market solutions

SoutheastFood & Staples Retailing
FWR Holding Corporation

Restaurant owner, operator, and franchisor

SoutheastConsumer Services

*Represents investments in first lien senior secured loans (including "unitranche" loans, which are loans that combine both senior and mezzanine debt, generally in a first lien position) and second lien senior secured loans.