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

Investments as of March 31, 2019 Investments as of September 30, 2021
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
Foundation Consumer Brands, LLC

Pharmaceutical holding company of over the counter brands

Mid AtlanticHousehold & Personal Products
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

Provider of human capital management and SaaS-based software solutions to employees and administrators of K-12 school organizations

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
Galway Borrower LLC

Insurance service provider

WestInsurance Services
Garden Fresh Restaurant Corp. and GFRC Holdings LLC

Restaurant owner and operator

WestConsumer Services
Gehl Foods, LLC and GF Parent LLC

Producer of low-acid, aseptic food and beverage products

MidwestFood, Beverage & Tobacco
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
Global Medical Response, Inc.

Emergency air medical services provider

MidwestHealth Care Services
Global Music Rights, LLC

Music right management company

WestMedia & Entertainment
GPM Investments, LLC and ARKO Corp.

Convenience store operator

Mid AtlanticRetailing and Distribution
GraphPAD Software, LLC, Insightful Science Intermediate I, LLC and Insightful Science Holdings, 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
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
HH-Stella, Inc. and Bedrock Parent Holdings, LP

Provider of municipal solid waste transfer management services

MidwestCommercial & Professional Services
High Street Buyer, Inc. and High Street Holdco LLC

Insurance brokerage platform

MidwestInsurance Services
Highline Aftermarket Acquisition, LLC, Highline Aftermarket SC Acquisition, Inc. and Highline PPC Blocker LLC

Manufacturer and distributor of automotive fluids

SoutheastAutomobiles & Components
Hometown Food Company

Food distributor

MidwestFood, Beverage & Tobacco
Honor Technology, Inc.

Nursing and home care provider

WestHealth Care Services
Huskies Parent, Inc.

Insurance software provider

NortheastSoftware & 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
Implus Footcare, LLC

Provider of footwear and other accessories

SoutheastConsumer Durables & Apparel
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
IntraPac International LLC and IntraPac Canada Corporation

Manufacturer of diversified packaging solutions and plastic injection molded products

SoutheastMaterials
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
IV Rollover Holdings, LLC

Solar power generation facility developer and operator

WestSoftware & 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
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
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 & Tobacco
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
KeyStone Sub-debt HoldCo, LLC

Planet Fitness franchisee

Mid AtlanticConsumer Services
KPS Global LLC and Cool Group LLC

Manufacturer of walk-in cooler and freezer systems

MidwestCommercial & Professional Services
Laboratories Bidco LLC and Laboratories Topco LLC

Lab testing services for nicotine containing products

Mid AtlanticCommercial & Professional Services
Lakers Buyer, Inc. and Lakers Parent LLC

Provider of fire safety and life safety services

WestCommercial & Professional Services
Lew's Intermediate Holdings, LLC

Outdoor brand holding company

MidwestConsumer Durables & Apparel

*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.