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
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
WorkWave Intermediate II, LLC

Provider of cloud-based field services and fleet management solutions

Mid AtlanticSoftware & Services
WP CPP Holdings, LLC

Manufacturer of highly engineered castings and machined components primarily for the commercial aerospace, defense, and power generation market

MidwestCapital Goods
WSHP FC Acquisition LLC and WSHP FC Holdings 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
YE Brands Holdings, LLC

Sports camp operator

WestConsumer Services
ZB Holdco LLC & ZB Parent LLC

Distributor of Mediterranean food and beverages

MidwestFood & Staples Retailing

*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.