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Ares Capital Corporation and Varagon Capital Partners Forming New Strategic Partnership for Senior Loans with AIG as Anchor Investor

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NEW YORK--(BUSINESS WIRE)--Ares Capital Corporation (NASDAQ:ARCC) and Varagon Capital Partners today announced that they are establishing a new joint venture that will make senior secured loans to middle-market companies. The new joint venture will be called the Senior Direct Lending Program (SDLP). The SDLP will work to follow on with the success that Ares Capital enjoyed with its previous senior loan joint venture, the Senior Secured Loan Program (SSLP), with GE Capital. Ares Capital is a bus

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