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    Ares Capital Corporation (ARCC)

    -NasdaqGS
    16.58 Up 0.10(0.61%) Jul 2, 4:00PM EDT
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    Ares Capital Corporation
    245 Park Avenue
    44th Floor
    New York, NY 10167
    United States - Map
    Phone: 212-710-2100
    Fax: 212-750-1777
    Website: http://www.arescapitalcorp.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Diversified Investments
    Full Time Employees:N/A

    Business Summary 

    Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

    Key Statistics


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    Corporate Governance 
    Ares Capital Corporation’s ISS Governance QuickScore as of Jul 1, 2014 is 6. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 6; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Michael J. Arougheti , 42
    Co-Chairman and Exec. VP
    0.00N/A
    Mr. Bennett Rosenthal , 51
    Co-Founder and Co-Chairman
    0.00N/A
    Mr. Robert Kipp DeVeer III, 42
    Chief Exec. Officer
    N/AN/A
    Mr. Mitchell S. Goldstein CPA, 48
    Co-Pres
    N/AN/A
    Mr. Michael Lewis Smith , 44
    Co-Pres
    N/AN/A
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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