Ares Capital Corporation

Ares Capital Corporation is a publicly traded closed-end, non-diversified specialty finance company that is regulated as a business development company (BDC) under the Investment Company Act of 1940. Established in 2004, it is a subsidiary of Ares Management Corporation, a global alternative investment manager founded in 1997 that operates in the credit, private equity, and real estate markets. Ares Capital provides financing for middle market acquisitions, recapitalizations, and leveraged buyouts, mainly in the United States. Its investment adviser is Ares Capital Management LLC, an SEC-registered investment adviser. As part of the Ares platform, Ares Capital benefits from the broader firm's scale and sourcing capabilities; as of June 30, 2026, Ares Management Corporation reported approximately $671.3 billion in assets under management and 4,400 employees across North America, Europe, Asia Pacific, and the Middle East. Ares Capital is listed on Nasdaq under the ticker ARCC and is one of the largest BDCs by assets, offering investors exposure to a diversified portfolio of senior secured loans and other credit investments in middle market companies. The company's strategy focuses on generating current income and capital appreciation through direct origination of debt and equity investments, often in partnership with private equity sponsors. Its affiliation with Ares Management provides access to a broad credit platform, including the Ares Credit Group, which manages liquid and illiquid credit in the non-investment grade sector. Ares Capital's portfolio typically includes first-lien and second-lien loans, mezzanine debt, and equity co-investments. The BDC structure allows it to pass through income to shareholders, making it a vehicle for income-oriented investors. Over the years, Ares Capital has grown through capital raises and strategic acquisitions, including the acquisition of American Capital's assets in 2017 as part of Ares Management's broader purchase of American Capital. The company remains a key component of Ares Management's credit franchise and a prominent player in the U.S. middle market lending landscape.

Ares Capital Corporation was established in 2004 as a subsidiary of Ares Management Corporation, a global alternative investment manager founded in 1997 by Antony Ressler, Michael Arougheti, David Kaplan, John H. Kissick, and Bennett Rosenthal. Ares Management operates in the credit, private equity, and real estate markets. Ares Capital was created to provide financing for middle market acquisitions, recapitalizations, and leveraged buyouts, mainly in the United States. It is a publicly traded closed-end, non-diversified specialty finance company regulated as a business development company (BDC) under the Investment Company Act of 1940. Its investment adviser is Ares Capital Management LLC, an SEC-registered investment adviser. In May 2014, Ares Management completed its initial public offering and is listed on the New York Stock Exchange. In May 2016, Ares Management announced a plan to buy asset management company American Capital; the US$3.4 billion deal closed in January 2017. This acquisition significantly expanded Ares Capital's portfolio, as it acquired American Capital's assets. Ares Capital is part of the Ares Credit Group, which manages liquid and illiquid credit in the non-investment grade credit sector. As of May 10, 2016, the Ares Credit Group had approximately $60.0 billion in assets under management. Ares Capital has grown to become one of the largest BDCs by assets, providing investors with exposure to a diversified portfolio of credit investments. The company is listed on Nasdaq under the ticker ARCC. Its affiliation with Ares Management provides access to a broad platform, including offices across North America, Europe, and Asia. As of June 30, 2026, Ares Management Corporation's global platform had approximately $671.3 billion in assets under management and 4,400 employees operating across North America, Europe, Asia Pacific, and the Middle East.

• 2017

  Ares Management completes acquisition of American Capital, expanding Ares Capital's portfolio.

• 2016

  Ares Management announces plan to acquire American Capital for US$3.4 billion.

• 2014

  Ares Management completes its initial public offering on the New York Stock Exchange.

• 2004

  Ares Capital Corporation established as a subsidiary of Ares Management.

A leading publicly traded business development company focused on U.S. middle market lending, backed by the global alternative investment platform of Ares Management.

• Senior secured loans

• Second-lien loans

• Mezzanine debt

• Equity co-investments

• 2026.10.27

  Reported2026.10.27

  Ares Capital announces third-quarter 2026 results[2]Ares Capital公布2026年第三季度业绩aol.com

  Ares Capital Corporation announced its financial results for the third quarter ended September 30, 2026, and said its board had declared a fourth-quarter dividend of $0.48 per share.

• 2026.10.27

  Reported2026.10.27

  Ares Capital agrees to acquire MidCap Financial Investment[3]Ares Capital同意收购MidCap Financial Investmentnews.google.com

  Ares Capital Corporation agreed to acquire MidCap Financial Investment Corporation for $2.6 billion, according to the report.

• Unconfirmed

  Reported2026.10.02

  Ares Capital Corporation schedules earnings release for third quarter ended September 30, 2026[4]阿瑞斯资本公司安排发布截至2026年9月30日的第三季度财报news.google.com

  Ares Capital Corporation announced that it has scheduled the release of its earnings for the third quarter ended September 30, 2026.

Read more

1. 1Ares Management - Wikipediaen.wikipedia.org
2. 2Ares Capital公布2026年第三季度业绩aol.com
3. 3Ares Capital同意收购MidCap Financial Investmentnews.google.com
4. 4阿瑞斯资本公司安排发布截至2026年9月30日的第三季度财报news.google.com