Ares Capital Corporation Overview
Pro stress-test →Ares Capital is a market-leading Business Development Company and one of the largest direct lenders in the U.S., with a mission to create long-term value for shareholders through attractive dividends and favorable investment performance. The company combines powerful origination capabilities to deliver comprehensive financing solutions to private middle-market companies across a wide range of industries.
Strategic Profile
Pro stress-test →Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle-market companies, sourcing and investing in high-quality borrowers that need capital to achieve their business goals. The company is externally managed by a subsidiary of Ares Management Corporation, a leading global alternative investment manager.
Competitive Landscape
Pro stress-test →Ares Capital is described as the BDC sector's gold standard with a highly diversified portfolio of 587 companies and lower non-accruals (1.0%), competing against other BDCs like FS KKR Capital and Main Street Capital. The BDC sector is a specialized niche within specialty finance focused on lending to middle-market companies.
Industry Context
Ares Capital Corporation operates in Business Development Company (BDC) / Specialty Finance.
Key facts
Founded: 2004 · Headquarters: New York, US · Revenue: $3.05B · Market cap: ~$20B