ARES CAPITAL CORP (ARCC)

Company Profile

Ares Commercial Finance provides asset-based cash flow solutions to small and middle-market companies. The company is headquartered in New York City, New York and currently employs 2,550 full-time employees. The company went IPO on 2012-10-08. The firm's investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in United States middle-market companies. The company invests primarily 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. In addition to senior secured loans, it also invests in subordinated debt, which in some cases includes an equity component, and preferred equity. The company also may invest up to 30% of its portfolio in nonqualifying assets. Its investment activities are focused on industries such as software and services, health care services, commercial and professional services, diversified financials, and others. Its investment adviser is Ares Capital Management LLC.

Company Info

ARES CAPITAL CORP

245 Park Avenue, 44Th Floor

New York City NEW YORK 10167

P: 12127507300

CEO: R. Kipp deVeer

Employees: 2550

Website: https://www.arescapitalcorp.com/