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
Storable, Inc. and EQT IX Co-Investment (E) SCSP

PMS solutions and web services for the self-storage industry

InternationalSoftware & Services
Storm Investment S.a.r.l.

Spanish futbol club

InternationalMedia & Entertainment
Sun Acquirer Corp. and Sun TopCo, LP

Automotive parts and repair services retailer

WestAutomobiles & Components
Sundance Group Holdings, Inc.

Provider of cloud-based document management and collaboration solutions

WestSoftware & Services
Sunk Rock Foundry Partners LP, Hatteras Electrical Manufacturing Holding Company and Sigma Electric Manufacturing Corporation, Diecast Beacon

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 Luna Holdco 2021, 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
SV-Burton Holdings, LLC and LBC Breeze Holdings LLC

Provider of HVAC and plumbing services to residential and commercial customers

MidwestConsumer Services
SVP-Singer Holdings Inc. and SVP-Singer Holdings LP

Manufacturer of consumer sewing machines

SoutheastConsumer Durables & Apparel
Symplr Software Inc. and Symplr Software Intermediate Holdings, Inc.

SaaS based healthcare compliance platform provider

MidwestHealth Care Services
Synergy HomeCare Franchising, LLC and NP/Synergy Holdings, LLC

Franchisor of private-pay home care for the elderly

WestHealth Care Services
TA/WEG Holdings, LLC

Wealth management and financial planning firm

MidwestDiversified Financials
Tamarack Intermediate, L.L.C. and Tamarack Parent, L.L.C.

Provider of environment, health, safety, and sustainability software

WestSoftware & Services
Taymax Group, L.P., Taymax Group G.P., LLC, PF Salem Canada ULC and TCP Fit Parent, L.P.

Planet Fitness franchisee

NortheastConsumer Services
TCP Hawker Intermediate LLC

Workforce management solutions provider

MidwestSoftware & Services
Teasdale Foods, Inc. and Familia Group Holdings Inc.

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

WestFood & Beverage
Tempus Labs, Inc.

Provider of technology enabled precision medicine solutions

MidwestHealth 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 Arcticom Group, LLC and AMCP Mechanical Holdings, LP

Refrigeration, heating, ventilation and air conditioning services provider

WestConsumer Services
The Edelman Financial Center, LLC

Provider of investment, financial and retirement planning services

Mid AtlanticDiversified Financials
The Mather Group, LLC, TVG-TMG Topco, Inc., and TVG-TMG Holdings, LLC

Provider of comprehensive wealth management services

MidwestDiversified Financials
The NPD Group, L.P., IRI Group Holdings, Inc., Information Resources, Inc. and IRI-NPD Co-Invest Aggregator, L.P.

Market research company focused on the consumer packaged goods industry

MidwestCommercial & Professional 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
Therapy Brands Holdings LLC

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

SoutheastHealth Care Services
Thermostat Purchaser III, Inc.

Provider of commercial HVAC equipment maintenance and repair services

MidwestCommercial & Professional Services
THG Acquisition, LLC

Multi-line insurance broker

Mid AtlanticInsurance Services
TibCo Software Inc., Picard Parent, Inc., Picard MidCo, Inc., Picard HoldCo, LLC and Elliott Alto Co-Investor Aggregator L.P.

Provider of server, application and desktop virtualization, networking, software as a service, and cloud computing technologies

SoutheastSoftware & 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
Triton Water Holdings, Inc.

Producer and provider of bottled water brands

NortheastFood & Beverage
Two Six Labs, LLC

Provider of information operations, cyber, and data analytics products and services for government and defense contracts

Mid AtlanticCapital Goods
U.S. Anesthesia Partners, Inc. & U.S. Anesthesia Partners Holdings, Inc.

Anesthesiology service provider

SoutheastHealth Care Services
United Digestive MSO Parent, LLC

Gastroenterology physician group

SoutheastHealth Care Services
US Salt Investors, LLC and Emerald Lake Pearl Acquisition-A, L.P.

Producer and packager of compressed, household, and packaged salt

Mid AtlanticRetailing and Distribution
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
Verista, Inc.

Provides systems consulting for compliance, automation, validation, and packaging solutions to the healthcare sector

MidwestPharmaceuticals, Biotechnology & Life Sciences
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
Viant Medical Holdings, Inc.

Manufacturer of plastic and rubber components for health care equipment

WestHealth 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
VPP Intermediate Holdings, LLC and VPP Group Holdings, L.P.

Veterinary hospital operator

Mid AtlanticHealth Care Services
VPROP Operating, LLC and V SandCo, 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
WA Asset Management, LLC

Wealth management and financial planning firm

SoutheastDiversified Financials
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
Wash Encore Holdings, LLC

Provider of outsourced healthcare linen management solutions

WestCommercial & Professional Services
Watermill Express, LLC and Watermill Express Holdings, LLC

Owner and operator of self-service water and ice stations

WestFood & Beverage
WebPT, Inc.

Electronic medical record software provider

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.