Michael J. Arougheti, insider at Ares Capital

Michael J. Arougheti Insider Information

EVP of Ares Capital
Mr. Arougheti is a Co-Founder of Ares and the Chief Executive Officer and President, as well as a Director of Ares Management Corporation. He is a member of the Ares Executive Management Committee, the Ares Enterprise Risk Committee and is on the Board of Directors of the Ares Charitable Foundation. He additionally serves as Co-Chairman of Ares Capital Corporation ("ARCC"), Co-Chairman of Ares Acquisition Corporation ("AAC") and as a director of Ares Commercial Real Estate Corporation ("ACRE"). Mr. Arougheti also is a member of the Ares Credit Group's U.S. Direct Lending and Pathfinder Investment Committees and the Ares Equity Income Opportunity Strategy Portfolio Review Committee Prior to joining Ares in 2004, Mr. Arougheti was employed by Royal Bank of Canada ("RBC") from 2001 to 2004, where he was a Managing Partner of the Principal Finance Group of RBC Capital Partners and a member of the firm's Mezzanine Investment Committee. Mr. Arougheti oversaw an investment team that originated, managed and monitored a diverse portfolio of middle-market leveraged loans, senior and junior subordinated debt, preferred equity and common stock and warrants on behalf of RBC and other third-party institutional investors. Mr. Arougheti joined RBC in October 2001 from Indosuez Capital, where he was a Principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Prior to joining Indosuez in 1994, Mr. Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm's Mergers and Acquisitions Group. Mr. Arougheti also serves on the board of directors of Operation HOPE, a not-for-profit organization focused on expanding economic opportunity in underserved communities through education and empowerment. Additionally, Mr. Arougheti is a member of the PATH Organization Leadership Council. Mr. Arougheti received a B.A. in Ethics, Politics and Economics, cum laude, from Yale University.

What is Michael J. Arougheti's net worth?

The estimated net worth of Michael J. Arougheti is at least $36.24 million as of June 14th, 2022. Mr. Arougheti owns 1,782,709 shares of Ares Capital stock worth more than $36,242,474 as of August 17th. This net worth evaluation does not reflect any other investments that Mr. Arougheti may own. Learn More about Michael J. Arougheti's net worth.

How old is Michael J. Arougheti?

Mr. Arougheti is currently 50 years old. There are 8 older executives and no younger executives at Ares Capital. Learn More on Michael J. Arougheti's age.

How do I contact Michael J. Arougheti?

The corporate mailing address for Mr. Arougheti and other Ares Capital executives is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. Ares Capital can also be reached via phone at (212) 750-7300 and via email at [email protected] Learn More on Michael J. Arougheti's contact information.

Has Michael J. Arougheti been buying or selling shares of Ares Capital?

Michael J. Arougheti has not been actively trading shares of Ares Capital within the last three months. Learn More on Michael J. Arougheti's trading history.

Who are Ares Capital's active insiders?

Ares Capital's insider roster includes Michael Arougheti (EVP), Joshua Bloomstein (VP), R. deVeer (CEO), Mary Beth Henson (Director), Steven McKeever (Director), Michael Parks (Director), Penelope Roll (CFO), Robert Rosen (Director), and Michael Smith (Insider). Learn More on Ares Capital's active insiders.

Are insiders buying or selling shares of Ares Capital?

In the last twelve months, Ares Capital insiders bought shares 5 times. They purchased a total of 387,775 shares worth more than $6,995,921.25. In the last twelve months, insiders at the investment management company sold shares 1 times. They sold a total of 25,805 shares worth more than $515,067.80. The most recent insider tranaction occured on August, 3rd when CFO Penelope F Roll bought 25,000 shares worth more than $494,250.00. Insiders at Ares Capital own 0.6 % of the company. Learn More about insider trades at Ares Capital.

Information on this page was last updated on 8/3/2022.

Michael J. Arougheti Insider Trading History at Ares Capital

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Michael J. Arougheti Buying and Selling Activity at Ares Capital

This chart shows Michael J. Arougheti's buying and selling at Ares Capital by year and by quarter.

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Ares Capital Company Overview

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Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.
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Today's Range

Now: $20.33
Low: $20.32
High: $20.70

50 Day Range

MA: $19.01
Low: $17.12
High: $20.70

2 Week Range

Now: $20.33
Low: $17.03
High: $23.00

Volume

16,679 shs

Average Volume

2,721,210 shs

Market Capitalization

$10.09 billion

P/E Ratio

9.20

Dividend Yield

8.22%

Beta

0.99