Ares Capital (NASDAQ:ARCC) is a leading business development company (BDC) that provides financing solutions for middle-market companies in various industries. The company is externally managed by a subsidiary of Ares Management Corporation, a global alternative investment manager with over $200 billion of assets under management. The company's investment objective is to generate both current income and capital appreciation through debt and equity investments. The company invests primarily in first and second-lien senior secured loans, mezzanine debt, and equity securities. The company also can offer one-stop financing solutions to its portfolio companies.