Ares Capital Reports Q1 Net Asset Value Per Share of $19.94
Reports Q1 net asset value per share $19.94. "Our strong fourth quarter results capped another successful year for our company. We originated a record level of new investment commitments, maintained strong credit performance with stable non-accruals, and generated a healthy level of profits, including core earnings in excess of our dividends," said Kort Schnabel, CEO of Ares Capital. "Looking ahead, we believe our market-leading platform built on our scale, experience, rigorous credit standards and portfolio management capabilities position us well to continue to generate attractive returns for our stockholders over time."
