Risk factors
Ares Capital (ARCC) risk factors
Item 1A of every Ares Capital Corp. 10-K on file, and what changed from one year to the next.
- 2026 10-K risk factors
59 risks, 4 new, 4 dropped, 15 reworded since the prior year. New risks emphasize ESG regulation, climate costs and physical impacts, and artificial intelligence risks to ARCC and portfolio companies.
Filed Feb 04, 2026 - 2025 10-K risk factors
59 risks. Private middle-market lending exposes ARCC to borrower defaults, leverage, subordination, illiquidity, and valuation uncertainty.
Filed Feb 05, 2025