Ares Capital Corporation (NASDAQ: ARCC) is a publicly traded business development company (BDC) that was founded in 2004. It is externally managed by Ares Capital Management LLC, a subsidiary of the global alternative investment manager Ares Management Corporation. The company's primary objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in U.S. middle-market companies, offering flexible financing for acquisitions, recapitalizations, and growth initiatives.

Founded in

United States