Ares Capital Announces Leadership Changes and Board Expansion

Ares Capital ( (ARCC) ) just unveiled an update.

Ares Capital Corporation announced key leadership changes, appointing James R. Miller as Co-President and expanding its board with Mitchell Goldstein and Michael L. Smith as Co-Chairmen. This strategic move aims to enhance Ares Capital’s position as a leader in direct lending, leveraging Miller’s extensive investment experience and the longstanding contributions of Goldstein and Smith. The company continues to focus on providing high-quality loans to private middle market companies, driving economic growth and offering attractive returns for investors.

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