Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

ARCC

22.19000 USD
0.24
1.09%
Last update Jun 6, 3:59 PM EDT
Market closed
Day range
22.030001
22.23000
Previous close
21.95000
Open
22.049999
Access this stock data via API
Subscribe
Ares Capital Corporation
22.19
0.24
1.09%

Overview

Description

Ares Capital Corporation is a leading specialty finance company focused on providing innovative financing solutions to middle-market companies. As a business development company (BDC), it plays a pivotal role in supporting the growth of businesses in the United States by offering a diverse range of financial products, including first and second lien loans, mezzanine debt, and equity investments. Ares Capital Corporation targets companies across various sectors, leveraging its substantial capital base and expertise to facilitate buyouts, recapitalizations, and acquisitions. Founded in 2004 and managed by Ares Management Corporation, a prominent global asset manager, Ares Capital has established itself as a significant player in the middle-market lending space. By providing flexible financing options and fostering long-term partnerships, it supports economic development and job creation. Its strategic focus on a diversified portfolio helps mitigate risk and ensures resilient performance over economic cycles, making it a key contributor to the financial market infrastructure and an essential source of capital for underserved segments of the economy.

About

CEO
Mr. Robert Kipp DeVeer III
Employees
0
Address
1800 Avenue of the Stars
Suite 1400
Los Angeles, 90067-4733, CA
United States
Phone
310-201-4100
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNGS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 17 hours 27 minutes

10:32
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).