Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of September 30, 2020, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $14.4 billion, and consisted of 347 portfolio companies backed by 166 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, 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 September 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 6.5% of the total investment portfolio at fair value as of September 30, 2020.

Portfolio of Investments

Investments as of March 31, 2019 Investments as of September 30, 2020
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
PHNTM Holdings, Inc. and Planview Parent, Inc.

Provider of project and portfolio management software

MidwestSoftware & Services
PhyMED Management LLC

Provider of anesthesia services

SoutheastHealth Care Services
Pine Holdings, Inc.

Retailer of fine and artisanal paper products

MidwestRetailing and Distribution
Piper Jaffray Merchant Banking Fund I, L.P.

Investment partnership

MidwestInvestment Funds and Vehicles
Plantation Products, LLC, Seed Holdings, Inc. and Flora Parent, Inc.

Provider of branded lawn and garden products

NortheastHousehold & Personal Products
Plaskolite PPC Intermediate II LLC and Plaskolite PPC Blocker LLC

Manufacturer of specialized acrylic and polycarbonate sheets

MidwestMaterials
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 Backleverage, LLC and PosiGen, Inc.

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

SoutheastPower Generation
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
Production Resource Group, L.L.C.

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

Mid AtlanticMedia & Entertainment
Project Alpha Intermediate Holding, Inc. and Qlik Parent, Inc.

Provider of data visualization software for data analytics

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

Software solutions provider to the ready-mix concrete industry

SoutheastSoftware & Services
ProVation Medical, Inc.

Provider of documentation and coding software for gastroenterology physicians

MidwestHealth Care Services
Puerto Rico Waste Investment LLC

Waste management service provider

InternationalCommercial & Professional 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
RE Community Holdings GP, LLC and RE Community Holdings, LP

Operator of municipal recycling facilities

SoutheastCommercial & Professional Services
Reddy Ice LLC

Packaged ice manufacturer and distributor

MidwestRetailing and Distribution
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
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
Revint Intermediate II, LLC

Revenue cycle consulting firm to the healthcare industry

NortheastCommercial & Professional 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
RMCF III CIV XXIX, L.P

Software provider for clinical trial management

Mid AtlanticSoftware & Services
RSC Acquisition, Inc. and RSC Insurance Brokerage, Inc.

Insurance broker

NortheastInsurance
RTI Surgical, Inc. and Pioneer Surgical Technology, Inc.

Manufacturer of biologic, metal and synthetic implants/devices

SoutheastHealth Care Services
Rug Doctor, LLC and RD Holdco Inc.

Manufacturer and marketer of carpet cleaning machines

MidwestHousehold & Personal Products
S Toys Holdings LLC (fka The Step2 Company, LLC)

Toy manufacturer

MidwestConsumer Durables & Apparel
Safe Home Security, Inc., Security Systems Inc., Safe Home Monitoring, Inc., National Protective Services, Inc., Bright Integrations LLC and Medguard Alert, Inc.

Provider of safety systems for business and residential customers

NortheastConsumer Services
SCI PH Parent, Inc.

Industrial container manufacturer, reconditioner and servicer

MidwestMaterials
SCIH Salt Holdings Inc.

Salt and packaged ice melt manufacturer and distributor

MidwestRetailing and Distribution
SCM Insurance Services Inc.

Provider of claims management, claims investigation & support and risk management solutions for the Canadian property and casualty insurance industry

InternationalInsurance
SCSG EA Acquisition Company, Inc.

Provider of outsourced clinical services to hospitals and health systems

SoutheastHealth Care Services
SE1 Generation, LLC

Solar power developer

SoutheastPower Generation
SecurAmerica, LLC, ERMC LLC, ERMC Of America, LLC, SecurAmerica Corporation, SecurAmerica Aviation Security LLC, American Security Programs, Inc., USI LLC, Argenbright Holdings IV, LLC and Scrub Holdings, Inc

Provider of outsourced security guard services, outsourced facilities management and outsourced aviation services

SoutheastCommercial & Professional Services
Securelink, Inc.

Provider of a SaaS third-party remote access software platform

MidwestSoftware & Services
Senior Direct Lending Program, LLC

Co-investment vehicle

WestInvestment Funds and Vehicles
Severin Acquisition, LLC, PeopleAdmin, Inc., Promachos Holding, Inc. and Performance Matters LLC

Provider of student information system software solutions to the K-12 education market

WestSoftware & Services
SFE Intermediate Holdco LLC

Provider of outsourced foodservice to K-12 school districts

WestFood & Staples Retailing
SG Acquisition, Inc.

Provider of insurance solutions for car sales

SoutheastInsurance
SHO Holding I Corporation

Manufacturer and distributor of slip resistant footwear

SoutheastConsumer Durables & Apparel
Shock Doctor, Inc. and Shock Doctor Holdings, LLC

Developer, marketer and distributor of sports protection equipment and accessories

MidwestConsumer Durables & Apparel
Simpson Performance Products, Inc.

Provider of motorsports safety equipment

MidwestConsumer Durables & Apparel
Singer Sewing Company, SVP-Singer Holdings, LLC and SVP-Singer Holdings LP

Manufacturer of consumer sewing machines

SoutheastConsumer Durables & Apparel
SiroMed Physician Services, Inc. and SiroMed Equity Holdings, LLC

Outsourced anesthesia provider

SoutheastHealth Care Services
SK SPV IV, LLC

Collision repair site operator

MidwestAutomobiles & Components

*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.