Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of June 30, 2021, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $17.1 billion, and consisted of 365 portfolio companies backed by 180 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 June 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 June 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 5.6% of the total investment portfolio at fair value as of June 30, 2021.

Portfolio of Investments

Investments as of March 31, 2019 Investments as of June 30, 2021
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
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. 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
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
Veterinary Practice Partners, LLC

Veterinary hospital operator

Mid AtlanticHealth Care Services
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
VPROP Operating, LLC and V SandCo, LLC

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

MidwestEnergy
VS Buyer, LLC

Provider of software-based data protection solutions

Mid AtlanticSoftware & Services
VSC Investors LLC

Investment company

WestInvestment Funds and Vehicles
Walnut Parent, Inc.

Manufacturer of natural solution pest and animal control products

Mid AtlanticHousehold & Personal Products
Wand Newco 3, Inc.

Collision repair company

MidwestAutomobiles & Components
Watchfire Enterprises, Inc.

Manufacturer of LED electronic message centers and digital billboards

MidwestTechnology Hardware & Equipment
Watermill Express, LLC and Watermill Express Holdings, LLC

Owner and operator of self-service water and ice stations

WestFood, Beverage & Tobacco
WCI-HFG Holdings, LLC

Distributor of repair and replacement parts for commercial kitchen equipment

MidwestCommercial & Professional Services
WebPT, Inc.

Electronic medical record software provider

WestSoftware & Services
Wellness AcquisitionCo, Inc.

Provider of retail consumer insights and analytics for manufacturers and retailers in the natural, organic and specialty products industry

MidwestSoftware & Services
Wildcat BuyerCo, Inc. and Wildcat Parent, LP

Provider and supplier of electrical components for commercial and industrial applications

SoutheastTechnology Hardware & Equipment
Winebow Holdings, Inc. and The Vintner Group, Inc.

Importer and distributor of wine

Mid AtlanticFood, Beverage & Tobacco
WorkWave Intermediate II, LLC

Provider of cloud-based field services and fleet management solutions

NortheastSoftware & Services
WSHP FC Acquisition LLC

Provider of biospecimen products for pharma research

MidwestHealth Care Services
XIFIN, Inc. and ACP Charger Co-Invest LLC

Revenue cycle management provider to labs

WestCommercial & Professional Services
Zemax Software Holdings, LLC

Provider of optical illumination design software to design engineers

WestSoftware & 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.