DFX Intelligence
Private Credit Intelligence
The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.
Credit provider
ARES CAPITAL MANAGEMENT LLC
Direct lenderPrivate credit fund managerLOS ANGELES, CAwww.linkedin.com/company/ares-managementCRD 131619
BDCs managed
2
read from each BDC's 10-K
BDC fair value
$51B
latest schedules, summed
BDC principal held
$44B
debt pieces, the filers' figures
Credit funds
19
Form ADV Schedule D
Borrowers
1,030
across BDCs and named deals
Sponsors
114
sponsor x lender pairs
Adviser RAUM
n/a
as filed on Form ADV
On other DFX graphs
2
shared identifiers only
BDCs managed
| BDC | Fair value | Borrowers | As of |
|---|---|---|---|
| Ares Capital Corp | $29B | 612 | Jun 30, 2026 |
| Ares Strategic Income Fund | $22B | 792 | Jun 30, 2026 |
Sponsor relationships
by borrowers financed across the provider's BDCs
- 11 borrowers $765M
- Vista Equity Partners Management, LLC inferredfirst Dec 31, 2021 · latest Jun 30, 2026 · 2 new in the last 4 quarters11 borrowers $642M
- 8 borrowers $186M
- 7 borrowers $23.9M
- Hellman & Friedman LLC inferredfirst Dec 31, 2021 · latest Jun 30, 2026 · 1 new in the last 4 quarters6 borrowers $560M
- Clayton, Dubilier & Rice, LLC carriedfirst Dec 31, 2022 · latest Jun 30, 2026 · 1 new in the last 4 quarters6 borrowers $119M
- 4 borrowers $96.8M
- 4 borrowers $80.6M
- 4 borrowers $39.3M
- 3 borrowers $789M
- 3 borrowers $507M
- 3 borrowers $407M
- 3 borrowers $280M
- 3 borrowers $278M
- 3 borrowers $273M
- 3 borrowers $188M
- 3 borrowers $179M
- 3 borrowers $124M
- 3 borrowers $103M
- Linden Capital Partners carriedfirst Dec 31, 2022 · latest Jun 30, 2026 · 1 new in the last 4 quarters3 borrowers $59.2M
- 2 borrowers $334M
- Crosspoint Capital Partners, LP carriedfirst Sep 30, 2022 · latest Jun 30, 2026 · 1 new in the last 4 quarters2 borrowers $249M
- 2 borrowers $175M
- 2 borrowers $157M
- 2 borrowers $102M
Named as lender on a deal
carried from sponsor and lender announcements
- PowerSchoolOct 1, 2024 · pe transaction vistaequitypartners.com“Debt financing for the transaction was provided by Ares Capital Management, HPS Investment Partners, Blackstone Alternative Credit Advisors, Blue Owl Credit Advisors, Sixth Street Partners, and Golub Capital.”
Facilities held or named
1 on the graph
- PowerSchool term loannamed · Oct 1, 2024 to Oct 1, 2024n/a
Credit funds on Form ADV
candidates by name; Form ADV has no private credit fund type
| Fund | Gross assets | First reported |
|---|---|---|
| SENIOR DIRECT LENDING PROGRAM LLC Other Private Fund | $5.5B Aug 27, 2024 | Mar 30, 2016 |
| ARES SENIOR DIRECT LENDING MASTER FUND DESIGNATED ACTIVITY COMPANY Hedge Fund | $3.6B Aug 27, 2024 | Nov 16, 2018 |
| ARES PRIVATE CREDIT SOLUTIONS (OFFSHORE) II, L.P. Hedge Fund | $3.3B Aug 27, 2024 | Feb 10, 2021 |
| ARES PRIVATE CREDIT SOLUTIONS II, L.P. Hedge Fund | $2.2B Aug 27, 2024 | Feb 10, 2021 |
| ARES PRIVATE CREDIT SOLUTIONS (CAYMAN), L.P. Hedge Fund | $2.2B Aug 27, 2024 | Aug 25, 2017 |
| ARES PRIVATE CREDIT SOLUTIONS, L.P. Hedge Fund | $1.2B Aug 27, 2024 | Aug 25, 2017 |
| CHIMNEY TOPS LOAN FUND, LLC Hedge Fund | $1.1B Aug 27, 2024 | May 21, 2020 |
| SFERS CREDIT STRATEGIES FUND LLC Hedge Fund | $924M Aug 27, 2024 | Aug 26, 2019 |
| PRIVATE CREDIT FUND C-1 HOLDCO, LLC - SERIES 2 Hedge Fund | $918M Aug 27, 2024 | Nov 15, 2023 |
| PRIVATE CREDIT FUND C-1 HOLDCO, LLC - SERIES 1 Hedge Fund | $862M Aug 27, 2024 | Nov 15, 2023 |
| PRIVATE CREDIT FUND O, LLC Hedge Fund | $701M Aug 27, 2024 | May 23, 2023 |
| ARES SENIOR DIRECT LENDING PARALLEL FUND (L), L.P. Hedge Fund | $634M Aug 27, 2024 | Nov 16, 2018 |
| ARES SENIOR DIRECT LENDING PARALLEL FUND (U), L.P. Hedge Fund | $600M Aug 27, 2024 | Nov 16, 2018 |
| ARES CREDIT INVESTMENT PARTNERSHIP (CP), L.P. Hedge Fund | $529M Aug 27, 2024 | Nov 16, 2022 |
| ACME PRIVATE CREDIT FUND LP Hedge Fund | $529M Aug 27, 2024 | Aug 22, 2023 |
| ARES ND CREDIT STRATEGIES FUND LLC Hedge Fund | $486M Aug 27, 2024 | Aug 25, 2017 |
| ARES SENIOR DIRECT LENDING PARALLEL FUND (U) B, L.P. Hedge Fund | $340M Aug 27, 2024 | Nov 16, 2018 |
| ARES CREDIT INVESTMENT PARTNERSHIP (MD), L.P. Hedge Fund | $109M Aug 27, 2024 | Jan 31, 2023 |
| ARES CREDIT INVESTMENT PARTNERSHIP II CD LP Hedge Fund | $55.6M Aug 27, 2024 | May 28, 2024 |
What changed
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- New sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- New sponsor and lender pair Jun 30, 2026
- New sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
- Repeat sponsor and lender pair Jun 30, 2026
How this provider is known
- Direct lender
- probable · bdc adviser 10kreportedsec.gov"es and regulations promulgated thereunder, the “Investment Company Act.” We are externally managed by Ares Capital Management LLC (“Ares Capital Management” or "
- Private credit fund manager
- probable · adv credit fundsestimated"ARES SENIOR DIRECT LENDING PARALLEL FUND (U), L.P.; ACME PRIVATE CREDIT FUND LP; ARES SENIOR DIRECT LENDING PARALLEL FUND (U) B, L.P.; ARES SENIOR DIRECT LENDIN"
- Direct lender
- probable · adv credit fundsestimated"ARES SENIOR DIRECT LENDING PARALLEL FUND (U), L.P.; ACME PRIVATE CREDIT FUND LP; ARES SENIOR DIRECT LENDING PARALLEL FUND (U) B, L.P.; ARES SENIOR DIRECT LENDIN"
- RIA Intelligence
- ARES CAPITAL MANAGEMENT LLCreportedshared crd
- RIA Intelligence
- ARES CAPITAL MANAGEMENT LLCderivedname unique adv