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
Garden Fresh Restaurant Corp. and GFRC Holdings LLC

Restaurant owner and operator

WestConsumer Services
GB Auto Service Holdings, LLC

Automotive parts and repair services retailer

WestAutomobiles & Components
Gehl Foods, LLC and GF Parent LLC

Producer of low-acid, aseptic food and beverage products

MidwestFood & Beverage
Genesis Acquisition Co. and Genesis Holding Co.

Child care management software and services provider

WestSoftware & Services
Genomatica, Inc.

Developer of a biotechnology platform for the production of chemical products

WestMaterials
GHX Ultimate Parent Corporation, Commerce Parent, Inc. and Commerce Topco, LLC

On-demand supply chain automation solutions provider to the healthcare industry

WestHealth Care Services
Gordian Group, LLC

Provider of products, services and software to organizations pursuing efficient and effective procurement and information solutions

Mid AtlanticCommercial & Professional Services
GPM Investments, LLC

Convenience store operator

Mid AtlanticRetailing and Distribution
Graphpad Software, LLC

Provider of data analysis, statistics, and visualization software solutions for scientific research applications

WestSoftware & Services
Green Energy Partners, Stonewall LLC and Panda Stonewall Intermediate Holdings II LLC

Gas turbine power generation facilities operator

Mid AtlanticPower Generation
Green Street Parent, LLC and Green Street Intermediate Holdings, LLC

Provider of REIT research data and analytics

WestDiversified Financials
GTCR-Ultra Holdings III, LLC and GTCR-Ultra Holdings LLC

Provider of payment processing and merchant acquiring solutions

Mid AtlanticSoftware & Services
H-Food Holdings, LLC and Matterhorn Parent, LLC

Food contract manufacturer

MidwestMaterials
HAI Acquisition Corporation and Aloha Topco, LLC

Professional employer organization offering human resources, compliance and risk management services

WestCommercial & Professional Services
Halex Holdings, Inc.

Manufacturer of flooring installation products

WestMaterials
Harvey Tool Company, LLC

Manufacturer of cutting tools used in the metalworking industry

NortheastCapital Goods
HCI Equity, LLC

Investment company

InternationalInvestment Funds and Vehicles
HealthEdge Software, Inc.

Provider of financial, administrative and clinical software platforms to the healthcare industry

NortheastHealth Care Services
Heelstone Renewable Energy, LLC

Provider of cloud based IT solutions, infrastructure and services

SoutheastPower Generation
Help/Systems Holdings, Inc.

Provider of IT operations management and cybersecurity software

MidwestSoftware & Services
Hometown Food Company

Food distributor

MidwestFood & Beverage
Huskies Parent, Inc.

Insurance software provider

NortheastSoftware & Services
Hygiena Borrower LLC

Adenosine triphosphate testing technology provider

WestHealth Care Services
IfByPhone Inc.

Voice-based marketing automation software provider

MidwestSoftware & Services
Imaging Business Machines, L.L.C. and Scanner Holdings Corporation

Provider of high-speed intelligent document scanning hardware and software

SoutheastCapital Goods
IMIA Holdings, Inc.

Marine preservation maintenance company

SoutheastCommercial & Professional Services
Implus Footcare, LLC

Provider of footwear and other accessories

SoutheastConsumer Durables & Apparel
Infilaw Holding, LLC

Operator of for-profit law schools

SoutheastEducation
Infinite Electronics International, Inc.

Manufacturer and distributor of radio frequency and microwave electronic components

WestTechnology Hardware & Equipment
Infogix, Inc. and Infogix Parent Corporation

Enterprise data analytics and integrity software solutions provider

MidwestSoftware & Services
Inmar, Inc.

Technology-driven solutions provider for retailers, wholesalers and manufacturers

SoutheastSoftware & Services
Instituto de Banca y Comercio, Inc. & Leeds IV Advisors, Inc.

Private school operator

InternationalEducation
InterVision Systems, LLC and InterVision Holdings, LLC

Solar power generation facility developer and operator

WestSoftware & Services
IntraPac International LLC and IntraPac Canada Corporation

Manufacturer of diversified packaging solutions and plastic injection molded products

SoutheastMaterials
Invoice Cloud, Inc.

Provider of electronic payment processing solutions

NortheastSoftware & Services
IRI Holdings, Inc., IRI Group Holdings, Inc. and IRI Parent, L.P.

Market research company focused on the consumer packaged goods industry

MidwestCommercial & Professional Services
Ivy Hill Asset Management, L.P.

Asset management services

WestDiversified Financials
Javlin Three LLC, Javlin Four LLC, and Javlin Five LLC

Asset-backed financial services company

MidwestDiversified Financials
JDC Healthcare Management, LLC

Dental services provider

MidwestHealth Care Services
Jenny C Acquisition, Inc.

Health club franchisor

WestConsumer Services
Jim N Nicks Management, LLC

Restaurant owner and operator

SoutheastConsumer Services
Joule Unlimited Technologies, Inc. and Stichting Joule Global Foundation

Renewable fuel and chemical production developer

NortheastEnergy
Joyce Lane Capital LLC and Joyce Lane Financing SPV LLC (fka Ciena Capital LLC)

Specialty finance company

Mid AtlanticDiversified Financials
JWC/KI Holdings, LLC

Foodservice sales and marketing agency

Mid AtlanticFood & Staples Retailing
K2 Insurance Services, LLC and K2 Holdco LP

Specialty insurance and managing general agency

WestInsurance Services
Kaufman, Hall & Associates, LLC

Provider of specialty advisory services and software solutions to the healthcare market

MidwestCommercial & Professional Services
KBHS Acquisition, LLC (d/b/a Alita Care, LLC)

Provider of behavioral health services

Mid AtlanticHealth Care Services
KC Culinarte Intermediate, LLC

Manufacturer of fresh refrigerated and frozen food products

NortheastFood & Beverage
Kellermeyer Bergensons Services, LLC

Provider of janitorial and facilities management services

WestCommercial & Professional Services
Kene Acquisition, Inc. and Kene Holdings, L.P.

National utility services firm providing engineering and consulting services to natural gas, electric power and other energy and industrial end markets

MidwestCapital Goods
Key Surgical LLC

Provider of sterile processing, operating room and instrument care supplies for hospitals

MidwestHealth Care Services
KPS Global LLC and Cool Group LLC

Manufacturer of walk-in cooler and freezer systems

MidwestCommercial & Professional Services
Laboratories Bidco LLC

Lab testing services for nicotine containing products

Mid AtlanticCommercial & Professional Services
LivaNova USA Inc.

Medical device company focused on treating cardiovascular and neurological diseases

MidwestHealth Care Services
LS DE LLC and LM LSQ Investors LLC

Asset based lender

SoutheastDiversified Financials
LTG Acquisition, Inc.

Designer and manufacturer of display, lighting and passenger communication systems for mass transportation markets

MidwestCapital Goods

*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.