For Management Teams and Financial Sponsors:
Benefits to our clients and financial sponsors include:

• Long-term patient investor with permanent capital
• Flexible and creative structures to meet all financing needs
• Active in all market environments
• Ability to grow capital base with clients’ needs over time
• Execution speed
• Certainty of closing
• International footprint
• Significant resources and managerial assistance
• Deep industry relationships
  

For Investors:
For ARCC investors, returns to shareholders - paid in the form of dividends - are generated through net interest and fee income resulting from senior and subordinated debt investments as well as, in some cases, capital appreciation from preferred and common stock or warrant positions that we typicallly make alongside our debt investments. For ACE investors, the aforementioned net interest and fee income growth is accumulated rather than paid in the form of dividends.

Benefits to our investors include:

• Dedicated and experienced professionals
• Access to relationships, market intelligence, deal flow, research, infrastructure, due diligence and expertise of Ares Management
• Proceeds generated from net interest, fee income and potential capital gains from investments
• Long and short-term strategies focused on maximizing relative value across economic cycles
• Multi-asset class track record and expertise (senior debt, subordinated debt, private equity)
• Disciplined growth with a focus on long-term value creation and capital preservation
• Attractive dividend for ARCC investors.*
  

* There is no guarantee the dividend rate will not change.