Ares Capital Corporation (ARCC) upgraded to Buy by Ladenburg Thalmann
Ares Capital Corporation (NASDAQ:
ARCC) upgraded to Buy by Ladenburg Thalmann.
Ares Capital Corporation
(Ares Capital) is a specialty finance company that is a closed-end, non-diversified management investment company. The Company?s investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital invests primarily in United States middle market companies. The Company invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component like warrants. First and second lien senior loans generally are senior debt instruments. Mezzanine debt is subordinated to senior loans and is generally unsecured. The industries in which the Company invests include aerospace and defense, airlines, broadcasting, cargo transport, chemicals, consume products, education, energy, financial, gaming and healthcare. In November 2009, Ares Capital Corporation
acquired Allied Capital's interests in the Senior Secured Loan Fund LLC (formerly the Unitranche Fund).
Our Research Department takes a fresh, critical approach to analyzing primary sources and developing proprietary research. Many individuals, institutions, portfolio managers and hedge fund managers, on all levels, have been neglected by brokerage firms ignoring the demands for unbiased research. Ladenburg Thalmann
provides a superior branded in-depth research product geared only to action-oriented investment ideas. Ladenburg Thalmann
’s proprietary equity research tries to uncover crucial information before the rest of the Street. Our analysts concentrate on uncovered and under-covered stocks and have a small to mid-cap focus. We will not shy away from large cap names as long as we can bring value to our clients through timely, differentiated ideas.