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
Partnership Capital Growth Investors III, L.P.

Investment partnership

WestInvestment Funds and Vehicles
Pathway Vet Alliance LLC and Jedi Group Holdings LLC

Veterinary hospital operator

MidwestHealth Care Services
Paya, Inc and GTCR-Ultra Holdings LLC

Provider of payment processing and merchant acquiring solutions

Mid AtlanticSoftware & Services
PayNearMe, Inc.

Electronic cash payment system provider

WestSoftware & Services
PCG-Ares Sidecar Investment II, L.P.

Investment partnership

WestInvestment Funds and Vehicles
PCG-Ares Sidecar Investment, L.P.

Investment partnership

WestInvestment Funds and Vehicles
PDI TA Holdings, Inc., Peachtree Parent, Inc. and Insight PDI Holdings, LLC

Provider of enterprise management software for the convenience retail and petroleum wholesale market

MidwestSoftware & Services
Pegasus Global Enterprise Holdings, LLC, Mekone Blocker Acquisition, Inc. and Mekone Parent, LLC

Provider of plant maintenance and scheduling software

SoutheastSoftware & Services
Pelican Products, Inc.

Flashlights manufacturer

WestConsumer Durables & Apparel
Penn Virginia Holding Corp.

Exploration and production company

MidwestEnergy
People Corporation

Provider of group benefits, group retirement and human resources services

InternationalInsurance Services
Perforce Software, Inc.

Developer of software used for application development

MidwestSoftware & Services
Petroleum Service Group LLC

Provider of operational services for US petrochemical and refining companies

SoutheastCommercial & Professional Services
PhyMED Management LLC

Provider of anesthesia services

SoutheastHealth Care Services
Piper Jaffray Merchant Banking Fund I, L.P.

Investment partnership

MidwestInvestment Funds and Vehicles
Plaskolite PPC Intermediate II LLC and Plaskolite PPC Blocker LLC

Manufacturer of specialized acrylic and polycarbonate sheets

MidwestMaterials
Pluralsight, Inc.

Online education learning platform

WestSoftware & Services
Poplicus Incorporated

Business intelligence and market analytics platform for companies that sell to the public sector

WestSoftware & Services
Portillo's Holdings, LLC

Fast casual restaurant brand

MidwestConsumer Services
PosiGen, Inc.

Seller and leaser of solar power systems for residential and commercial customers

SoutheastPower Generation
PracticeTek Purchaser, LLC and GSV PracticeTek Holdings, LLC

Software provider for medical practitioners

MidwestSoftware & Services
Precinmac (US) Holdings Inc., Trimaster Manufacturing Inc. and Blade Group Holdings, LP.

Manufacturer of high-tolerance precision machined components and assemblies for the aerospace and defense industry

NortheastCapital Goods
Premier Specialties, Inc. and RMCF V CIV XLIV, L.P.

Manufacturer and supplier of natural fragrance materials and cosmeceuticals

Mid AtlanticHousehold & Personal Products
Premise Health Holding Corp. and OMERS Bluejay Investment Holdings LP

Provider of employer-sponsored onsite health and wellness clinics and pharmacies

SoutheastHealth Care Services
Primrose Holding Corporation

Franchisor of education-based early childhood centers

SoutheastEducation
Priority Holdings, LLC and Priority Technology Holdings, Inc.

Provider of merchant acquiring and payment processing solutions

SoutheastDiversified Financials
Production Resource Group, L.L.C. and PRG III, LLC

Provider of rental equipment, labor, production management, scenery, and other products to various entertainment end-markets

Mid AtlanticMedia & Entertainment
ProfitSolv Purchaser, Inc. and PS Co-Invest, L.P.

Provider of practice management software to law firms

MidwestSoftware & Services
Project Alpha Intermediate Holding, Inc. and Qlik Parent, Inc.

Provider of data visualization software for data analytics

Mid AtlanticSoftware & Services
Project Essential Bidco, Inc. and Project Essential Super Parent, Inc.

Saas provider of automated crew callout and scheduling software for the utility industry

MidwestSoftware & Services
Project Potter Buyer, LLC and Project Potter Parent, L.P.

Software solutions provider to the ready-mix concrete industry

SoutheastSoftware & Services
Project Ruby Ultimate Parent Corp.

Provider of care coordination and transition management software solutions

MidwestHealth Care Services
Proofpoint, Inc.

Cybersecurity solutions provider

WestSoftware & Services
Pyramid Management Advisors, LLC and Pyramid Investors, LLC

Hotel operator

NortheastConsumer Services
QC Supply, LLC

Specialty distributor and solutions provider to the swine and poultry markets

MidwestCommercial & Professional Services
QF Holdings, Inc.

SaaS based electronic health record software provider

SoutheastSoftware & Services
R2 Acquisition Corp.

Marketing services

WestCommercial & Professional Services
Radius Aerospace, Inc. and Radius Aerospace Europe Limited

Metal fabricator in the aerospace industry

InternationalCapital Goods
Raptor Technologies, LLC and Rocket Parent, LLC

Provider of SaaS-based safety and security software to the K-12 school market

MidwestSoftware & Services
Rawlings Sporting Goods Company, Inc. and Easton Diamond Sports, LLC

Sports equipment manufacturing company

MidwestConsumer Durables & Apparel
RC V Tecmo Investor LLC

Technology based aggregator for facility maintenance services

SoutheastCommercial & Professional Services
RE Community Holdings GP, LLC and RE Community Holdings, LP

Operator of municipal recycling facilities

SoutheastCommercial & Professional Services
RealPage, Inc.

Provider of enterprise software solutions to the residential real estate industry

MidwestSoftware & Services
Reddy Ice LLC

Packaged ice manufacturer and distributor

MidwestRetailing and Distribution
Redwood Services, LLC and Redwood Services Holdco, LLC

Provider of residential HVAC and plumbing services

SoutheastConsumer Services
Reef Lifestyle, LLC

Apparel retailer

WestConsumer Durables & Apparel
Regent Education, Inc.

Provider of software solutions designed to optimize the financial aid and enrollment processes

Mid AtlanticSoftware & Services
Registrar Intermediate, LLC and PSP Registrar Co-Investment Fund, L.P.

Provider of FDA registration and consulting services

Mid AtlanticCommercial & Professional Services
Relativity ODA LLC

Electronic discovery document review software platform for use in litigations and investigations

MidwestSoftware & Services
Repairify, Inc. and Repairify Holdings, LLC

Provider of automotive diagnostics scans and solutions

MidwestTechnology Hardware & Equipment
Research Now Group, LLC and Survey Sampling International, LLC

Provider of outsourced data collection to the market research industry

SoutheastCommercial & Professional Services
Respicardia, Inc.

Developer of implantable therapies to improve cardiovascular health

MidwestHealth Care Services
Retriever Medical/Dental Payments LLC, FSDC Holdings, LLC, Rectangle Ware-Ever Pay LLC and Retriever Enterprises, LLC

Provider of payment processing services and software to healthcare providers

Mid AtlanticSoftware & Services
RF HP SCF Investor, LLC

Branded specialty food company

Mid AtlanticFood, Beverage & Tobacco
Rialto Management Group, LLC

Investment and asset management platform focused on real estate

SoutheastDiversified Financials
Riverview Power LLC

Operator of natural gas and oil fired power generation facilities

NortheastPower Generation

*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.