Ares Capital promoted Scott Lem, the company’s chief accounting officer, vice president and treasurer, to CFO, effective Feb. 15, 2024. Lem will succeed Penni Roll, who plans to step down as Ares Capital’s CFO on the same date. read more

NOV 13, 2023 - 6:59 am

Ares Capital appointed Kort Schnabel co-president following current co-president Michael Smith stepping down. Smith will join the Ares Capital Board of Directors. Co-president Mitchell Goldstein will continue in his role with Schnabel. read more

OCT 26, 2022 - 7:06 am

Ares Capital and Varagon Capital announced a new joint venture that will make senior secured loans to middle-market companies. The JV will follow on with the success that Ares enjoyed in its previous JV with GE Capital. read more

JUN 19, 2015 - 6:50 am