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
SM Wellness Holdings, Inc. and SM Holdco, Inc.

Breast cancer screening provider

MidwestHealth Care Services
SocialFlow, Inc.

Social media optimization platform provider

Mid AtlanticSoftware & Services
SoundCloud Limited

Platform for receiving, sending, and distributing music

InternationalSoftware & Services
Sovos Brands Intermediate, Inc.

Food and beverage platform

WestFood, Beverage & Tobacco
SpareFoot, LLC

PMS solutions and web services for the self-storage industry

MidwestSoftware & Services
Sparta Systems, Inc., Project Silverback Holdings Corp. and Silverback Holdings, Inc.

Quality management software provider

Mid AtlanticSoftware & Services
Spectra Finance, LLC

Venue management and food and beverage provider

Mid AtlanticConsumer Services
Spin HoldCo Inc. and Airvending Limited

Laundry service and equipment provider

InternationalConsumer Services
SSE Buyer, Inc., Supply Source Enterprises, Inc., Impact Products LLC, The Safety Zone, LLC and SSE Parent, LP

Manufacturer and distributor of personal protection equipment, commercial cleaning, maintenance and safety products

SoutheastCommercial & Professional Services
Star US Bidco LLC

Manufacturer of pumps, compressors and other highly-engineered equipment for mission-critical applications

WestCapital Goods
Startec Equity, LLC

Communication services

WestCommercial & Professional Services
Storm UK Holdco Limited and Storm US Holdco Inc.

Provider of water infrastructure software solutions for municipalities / utilities and engineering consulting firms

InternationalSoftware & Services
Sundance Energy, Inc.

Oil and gas producer

WestEnergy
Sunk Rock Foundry Partners LP, Hatteras Electrical Manufacturing Holding Company and Sigma Electric Manufacturing Corporation

Manufacturer of metal castings, precision machined components and sub-assemblies in the electrical products, power transmission and distribution and general industrial markets

SoutheastCapital Goods
Sunrun Atlas Depositor 2019-2, LLC and Sunrun Atlas Holdings 2019-2, LLC

Residential solar energy provider

WestPower Generation
Sunrun Xanadu Issuer 2019-1, LLC and Sunrun Xanadu Holdings 2019-1, LLC

Residential solar energy provider

WestPower Generation
Sunshine Sub, LLC

Premier health club operator

SoutheastConsumer Services
Surf Holdings, LLC

Cybersecurity solutions provider

InternationalSoftware & Services
Synergy HomeCare Franchising, LLC and NP/Synergy Holdings, LLC

Franchisor of private-pay home care for the elderly

WestHealth Care Services
Systematic Power Manufacturing, LLC

Manufacturer and supplier of batteries and ultracapacitors for automotive markets

SoutheastAutomobiles & Components
TA/WEG Holdings, LLC

Wealth management and financial planning firm

MidwestDiversified Financials
Taymax Group, L.P., Taymax Group G.P., LLC, PF Salem Canada ULC and TCP Fit Parent, L.P.

Planet Fitness franchisee

NortheastConsumer Services
TDG Group Holding Company and TDG Co-Invest, LP

Operator of multiple franchise concepts primarily related to home maintenance or repairs

MidwestCommercial & Professional Services
Teasdale Foods, Inc. and Familia Group Holdings Inc.

Provider of beans, sauces and hominy to the retail, foodservice and wholesale channels

WestFood, Beverage & Tobacco
Telestream Holdings Corporation

Provider of digital video tools and workflow solutions to the media and entertainment industries

WestSoftware & Services
Teligent, Inc.

Pharmaceutical company that develops, manufactures and markets injectable pharmaceutical products

Mid AtlanticHealth Care Services
TerSera Therapeutics LLC

Acquirer and developer of specialty therapeutic pharmaceutical products

MidwestPharmaceuticals, Biotechnology & Life Sciences
The Alaska Club Partners, LLC, Athletic Club Partners LLC and The Alaska Club, Inc.

Premier health club operator

WestConsumer Services
The Teaching Company Holdings, Inc.

Education publications provider

Mid AtlanticMedia & Entertainment
The Ultimate Software Group, Inc. and H&F Unite Partners, L.P.

Provider of cloud based HCM solutions for businesses

SoutheastSoftware & Services
The Ultimus Group Midco, LLC, The Ultimus Group, LLC, and The Ultimus Group Aggregator, LP

Provider of asset-servicing capabilities for fund managers

Mid AtlanticDiversified Financials
Theranest, LLC

Provider of software solutions for the mental and behavioral health market segments

SoutheastHealth Care Services
THG Acquisition, LLC

Multi-line insurance broker

Mid AtlanticInsurance
TimeClock Plus, LLC

Workforce management solutions provider

MidwestSoftware & Services
Totes Isotoner Corporation and Totes Ultimate Holdco, Inc.

Designer, marketer, and distributor of rain and cold weather products

MidwestConsumer Durables & Apparel
Touchstone Acquisition, Inc. and Touchstone Holding, L.P.

Manufacturer of consumable products in the dental, medical, cosmetic and consumer/industrial end-markets

SoutheastHealth Care Services
TWH Infrastructure Industries, Inc.

Provider of engineered products used in the trenchless rehabilitation of wastewater infrastructure

MidwestMaterials
Tyden Group Holding Corp.

Producer and marketer of global cargo security, product identification and traceability products and utility meter products

InternationalCommercial & Professional Services
U.S. Acute Care Solutions, LLC

Provider of physician management services

MidwestHealth Care Services
U.S. Anesthesia Partners, Inc.

Anesthesiology service provider

MidwestHealth Care Services
United Digestive MSO Parent, LLC

Gastroenterology physician group

SoutheastHealth Care Services
Urgent Cares of America Holdings I, LLC and FastMed Holdings I, LLC

Operator of urgent care clinics

SoutheastHealth Care Services
Urology Management Associates, LLC and JWC/UMA Holdings, L.P.

Urology private practice

NortheastHealth Care Services
Varsity Brands Holding Co., Inc. and BCPE Hercules Holdings, LP

Leading manufacturer and distributor of textiles, apparel & luxury goods

SoutheastConsumer Durables & Apparel
VCP-EDC Co-Invest, LLC

Distributor of foodservice equipment and supplies

MidwestFood & Staples Retailing
Vela Trading Technologies, LLC

Provider of market data software and content to global financial services clients

Mid AtlanticSoftware & Services
Velocity Holdings Corp.

Hosted enterprise resource planning application management services provider

Mid AtlanticSoftware & Services
Verscend Holding Corp.

Healthcare analytics solutions provider

NortheastSoftware & Services
Vertice Pharma UK Parent Limited

Manufacturer and distributor of generic pharmaceutical products

InternationalPharmaceuticals, Biotechnology & Life Sciences
Visual Edge Technology, Inc.

Provider of outsourced office solutions with a focus on printer and copier equipment and other parts and supplies

MidwestCommercial & Professional Services
VLS Recovery Services, LLC

Provider of commercial and industrial waste processing and disposal services

MidwestCommercial & Professional Services
Voya CLO 2014-4 Ltd.

Investment vehicle

InternationalInvestment Funds and Vehicles
VPROP Operating, LLC and Vista Proppants and Logistics, LLC

Sand-based proppant producer and distributor to the oil and natural gas industry

MidwestEnergy
VRC Companies, LLC

Provider of records and information management services

SoutheastCommercial & Professional Services
VS Buyer, LLC

Provider of software-based data protection solutions

Mid AtlanticSoftware & Services
VSC Investors LLC

Investment company

WestInvestment Funds and Vehicles

*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.