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Ares Capital has agreed to acquire MidCap Financial Investment Corporation in a US$2.6bn transaction that would consolidate two major US private-credit investment portfolios, with Wells Fargo agreeing to provide up to US$750m of additional secured financing to support the deal....
#Apollo#Ares capital#business development companies
Credit deterioration is becoming more visible across some of the largest publicly traded private-credit portfolios, increasing pressure on a market…
#Ares capital#BDCs#Blackstone
Ares Capital Corporation (Ares Capital) announced Wednesday that Co-President Kort Schnabel has been appointed as Chief Executive Officer of the…
#Ares capital#Ares Capital corporation#Kort Schnabel