Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of March 31, 2022, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $19.5 billion, and consisted of 395 portfolio companies backed by 201 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 March 31, 2022⁽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 March 31, 2022, the Senior Direct Lending Program, LLC (the "SDLP") had loans to 19 different borrowers. The portfolio companies in the SDLP are in industries similar to companies in ARCC's portfolio. 

(3) Includes ARCC's equity and subordinated loan investments in IHAM

(4) Includes ARCC's investment in the SDLP, which represented 5.0% of the total investment portfolio at fair value as of March 31, 2022.

Portfolio of Investments

Investments as of March 31, 2019 Investments as of March 31, 2022
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
Essential Services Holding Corporation and OMERS Mahomes Investment Holdings LLC

Provider of plumbing and HVAC services

SoutheastConsumer Services
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
Excelligence Holdings Corp.

Developer, manufacturer and retailer of educational products

WestEducation
Extrahop Networks, Inc.

Provider of real-time wire data analytics solutions for application and infrastructure monitoring

WestSoftware & Services
Faraday&Future Inc., FF Inc., Faraday SPE, LLC and Faraday Future Intelligent Electric Inc.

Electric vehicle manufacturer

WestAutomobiles & Components
Ferrellgas, L.P.

Distributor of propane and related accessories

MidwestPower Generation
First Insight, Inc.

Software company providing merchandising and pricing solutions to companies worldwide

Mid AtlanticSoftware & Services
FL Hawk Intermediate Holdings, Inc.

Provider of variable data labeling for the apparel industry

SoutheastTechnology Hardware & Equipment
Flinn Scientific, Inc. and WCI-Quantum Holdings, Inc.

Distributor of instructional products, services and resources

MidwestEducation
Florida Food Products, LLC

Provider of plant extracts and juices

SoutheastFood & Beverage
FM:Systems Group, LLC

Provider of facilities and space management software solutions

SoutheastSoftware & Services
Forescout Technologies, Inc.

Network access control solutions provider

WestSoftware & Services
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
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
Genesis Acquisition Co. and Genesis Ultimate 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
GI Ranger Intermediate LLC

Provider of payment processing services and software to healthcare providers

Mid AtlanticSoftware & Services
Global Medical Response, Inc. and GMR Buyer Corp.

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 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
Halcon Holdings, LLC

Operator of development, exploration, and production oil company

MidwestEnergy
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
Heavy Construction Systems Specialists, LLC

Provider of construction software

MidwestSoftware & Services
Heelstone Renewable Energy, LLC and Heelstone Renewable Energy Investors, LLC

Developer of utility scale solar systems

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
Honor Technology, Inc.

Nursing and home care provider

WestHealth Care Services
Huskies Parent, Inc., GI Insurity Parent LLC and GI Insurity TopCo LP

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
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
ITI Holdings, Inc.

Provider of innovative software and equipment for motor vehicle agencies

WestTechnology Hardware & Equipment
IV Rollover Holdings, LLC

Provider of cloud based IT solutions, infrastructure and services

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

*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.