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10-K primary document
ARCC · Annual Report (Form 10-K) · Filed February 4, 2026

Ares Capital Corp — 10-K exhibit

arccq4-2025exhibit211.htm
Ares Capital Corp on Boardroom Alpha
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Exhibit 21.1
SUBSIDIARIES OF ARES CAPITAL CORPORATION
Name
Jurisdiction
ACAS, LLCDELAWARE
ALLIED CRESCENT EQUITY, LLCDELAWARE
ARCC APEX SPV, LLCDELAWARE
ARCC API CORP. DELAWARE
ARCC BEACON LLCDELAWARE
ARCC BLOCKER CORP.DELAWARE
ARCC BLOCKER II LLCDELAWARE
ARCC BLOCKER IV LLCDELAWARE
ARCC BLOCKER V LLCDELAWARE
ARCC BLOCKER VI LLCDELAWARE
ARCC BLOCKER VII LLCDELAWARE
ARCC BLOCKER VIII LLCDELAWARE
ARCC ED CORP.DELAWARE
ARCC FB FUNDING LLCDELAWARE
ARCC FD CORP.DELAWARE
ARCC FGP LLCDELAWARE
ARCC FIN LLCDELAWARE
ARCC GG HOLDINGS LLCDELAWARE
ARCC GREEN ENERGY PARTNERS BLOCKER LLCDELAWARE
ARCC HEELSTONE LLCDELAWARE
ARCC KPS CORP.DELAWARE
ARCC LSQ LLCDELAWARE
ARCC MBU HOLDINGS LLCDELAWARE
ARCC MH LLCDELAWARE
ARCC NV1 CORP.DELAWARE
ARCC NV2 CORP.DELAWARE
ARCC OTG CORP.DELAWARE
ARCC OTG PREFERRED CORP.DELAWARE
ARCC PCGI III AIV BLOCKER, INC.DELAWARE
ARCC PCP GP, LLCDELAWARE
ARCC PCP L.P.CAYMAN ISLANDS
ARCC PH CORP.DELAWARE
ARCC PJMB LLCDELAWARE
ARCC RB LLCDELAWARE
ARCC RT LLCDELAWARE
ARCC S2 LLC (F/K/A AC POSTLE, LLC)DELAWARE
ARCC SHC LLCDELAWARE
ARCC SK BLOCKER CORP.DELAWARE
ARCC TM CORP.DELAWARE
ARCC ULTIMUS LLCDELAWARE
ARCC UNIVERSAL CORP.DELAWARE
ARES CAPITAL CP FUNDING HOLDINGS LLCDELAWARE
ARES CAPITAL CP FUNDING LLCDELAWARE
ARES CAPITAL JB FUNDING LLCDELAWARE
ARES DIRECT LENDING CLO 1 LLCDELAWARE
ARES DIRECT LENDING CLO 4 LLCDELAWARE
ARES DIRECT LENDING CLO 7 LLCDELAWARE
ASCLEPIUS HOLDINGS LLCDELAWARE
ASCLEPIUS INTERMEDIATE HOLDINGS LLC DELAWARE
BW LANDCO LLCDELAWARE
EUROPEAN CAPITAL LIMITEDGUERNSEY
GEDC EQUITY, LLCDELAWARE
HCI EQUITY, LLCILLINOIS


IVY HILL ASSET MANAGEMENT GP, LLCDELAWARE
MULTIAD EQUITY CORP.DELAWARE
POTOMAC ENERGY CENTER, LLCVIRGINIA
POTOMAC INTERMEDIATE HOLDINGS II LLCDELAWARE
POTOMAC INTERMEDIATE HOLDINGS III LLCDELAWARE
S2 EQUITY CORP.DELAWARE
STARTEC EQUITY, LLCDELAWARE
SVP HOLDINGS GP LLCDELAWARE
In addition, we may be deemed to control certain portfolio companies identified as “Affiliated” companies that we “Control” in footnote 5 to the Consolidated Schedule of Investments as of December 31, 2025 included in the Financial Statements portion of Ares Capital Corporation’s Form 10-K for the year ended December 31, 2025.


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