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Contact Information

For investor inquiries regarding ARCC, please contact:

Phone: (888) 818-5298

Email: IRARCC@aresmgmt.com

John Stilmar
Principal, Public Investor Relations and Communications
jstilmar@aresmgmt.com
(678) 538-1983

Carl Drake
Partner, Head of Public Investor Relations and Communications
cdrake@aresmgmt.com
(678) 538-1981

By Mail:
Ares Capital Corporation
Attn: John Stilmar
3344 Peachtree Road NE, Suite 1950
Atlanta, GA 30326

For media inquiries regarding ARCC, please contact:

Bill Mendel
Mendel Communications bill@mendelcommunications.com
(212) 397-1030

What is a BDC?

What is a BDC?

Congress created Business Development Companies (BDCs) in 1980 to provide public investors another means to invest in the long-term growth of private U.S. businesses. BDCs invest their capital primarily in small and middle market private companies in the U.S. Typically, BDCs are structured to originate and hold debt and equity investments to maturity and can invest across a portfolio company’s capital structure.

In order to qualify as a BDC, companies must be registered in compliance with Section 54 of the Investment Company Act of 1940. Among other restrictions, BDCs are required to maintain an asset coverage ratio of at least 200% in order to borrow or pay dividends and to meet specific asset diversification requirements. In addition, BDCs that are regulated investment companies for U.S. federal income tax purposes, such as Ares Capital, are required to distribute at least 90% of investment company taxable income to shareholders in order to avoid corporate income tax on distributed taxable income.