Portfolio

Balanced Portfolio.
Defensive Industries.
Well Diversified.

ARCC Portfolio

As of September 30, 2022, Ares Capital Corporation’s (“Ares Capital” or “ARCC”) portfolio had a fair value of approximately $21.3 billion, and consisted of 458 portfolio companies backed by 224 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, 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 September 30, 2022, the Senior Direct Lending Program, LLC (the "SDLP") had loans to 21 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 5.3% of the total investment portfolio at fair value as of September 30, 2022.

Portfolio of Investments

Investments as of March 31, 2019 Investments as of September 30, 2022
Company/DescriptionRegionSenior Secured Loan*Senior SubordinatedEquity/OtherIndustry
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 Dynata, LLC

Provider of outsourced data collection to the market research industry

SoutheastCommercial & Professional Services
Revalize, Inc.

Develops and operates software providing configuration, price and quote capabilities for sales teams

SoutheastSoftware & Services
RF HP SCF Investor, LLC

Branded specialty food company

Mid AtlanticFood & Beverage
Rialto Management Group, LLC

Investment and asset management platform focused on real estate

SoutheastDiversified Financials
Riser Merger Sub, Inc.

Insurance program administrator

Mid AtlanticInsurance Services
Riverview Power LLC

Operator of natural gas and oil fired power generation facilities

NortheastPower Generation
RMS HoldCo II, LLC & RMS Group Holdings, Inc.

Developer of revenue cycle management solutions, process automation, analytics and integration for the healthcare industry

MidwestSoftware & Services
Rodeo AcquisitionCo LLC

Provider of food inspection and recovery services

MidwestCommercial & Professional Services
RSC Acquisition, Inc. and RSC Insurance Brokerage, Inc.

Insurance broker

NortheastInsurance Services
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
Rugby Australia Ltd

Owner and manager of Australian rugby teams

InternationalMedia & Entertainment
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
SageSure Holdings, LLC & Insight Catastrophe Group, LLC

Insurance service provider

Mid AtlanticInsurance Services
Schill Landscaping and Lawn Care Services LLC, Tender Lawn Care ULC and Landscape Parallel Partners, L.P.

Provider of landscape design and planning, and snow removal services

MidwestCommercial & Professional 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 Services
SE1 Generation, LLC

Solar power developer

SoutheastPower Generation
SelectQuote, Inc.

Direct to consumer insurance distribution platform

MidwestInsurance Services
Senior Direct Lending Program, LLC

Co-investment vehicle

WestInvestment Funds and Vehicles
SERV 2020-1

Provider of restoration and cleaning services to commercial and residential customers

SoutheastConsumer 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 Services
Shermco Intermediate Holdings, Inc.

Provider of electrician services

SoutheastCommercial & Professional Services
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
Shur-Co Acquisition, Inc. and Shur-Co Holdco, Inc.

Provider of tarp systems and accessories for trucks, trailers, carts, and specialty equipment used in the agriculture, construction and flatbed markets

MidwestTransportation
SilverBow Resources, Inc.

Oil and gas producer

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

Breast cancer screening provider

MidwestHealth Care Services
Smarsh Inc. and Skywalker TopCo, LLC

SaaS based communication archival service provider

WestSoftware & Services
SOC Telemed, Inc. and PSC Spark Holdings, LP

Provider of acute care telemedicine

Mid AtlanticHealth Care Services
SocialFlow, Inc.

Social media optimization platform provider

Mid AtlanticSoftware & Services
Sophia, L.P.

Provider of ERP software and services for higher education institutions

Mid AtlanticSoftware & Services
SoundCloud Limited

Platform for receiving, sending, and distributing music

InternationalSoftware & Services
Spirit RR Holdings, Inc. and Winterfell Co-Invest SCSp

Provider of data, analytics, news, and workflow tools to customers in the counter-cyclical distressed debt space

Mid AtlanticSoftware & Services
Spring Insurance Solutions, LLC

Technology-based direct to consumer sales and marketing platform for insurance products

MidwestInsurance 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
Stamps.com Inc.

Provider of mailing and shipping solutions

WestSoftware & 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
Stealth Holding LLC and UCIT Online Security Inc.

Live video monitoring solutions provider

MidwestCommercial & Professional Services
Stellant Midco, LLC

Manufacturer of vacuum electron devices utilized in the amplification of microwave and radio frequency signals for military, space and commercial applications

WestTechnology Hardware & Equipment

*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.