Steven McKeever Biography and Net Worth

Director of Ares Capital


Mr. McKeever has served as a Director of ARCC since 2012 and is currently the chairperson of the nominating and governance committee. Mr. McKeever is the CEO of Hidden Beach Recordings, an independent record label based in Los Angeles, California, which Mr. McKeever founded in 1997. From 1991 to 1995, Mr. McKeever was with Motown Records, where he served as Executive Vice President of Talent and Creative Affairs from 1993 to 1995 and Senior Vice President of Artists and Repertoire from 1991 to 1993. In 1992, Mr. McKeever created MoJAZZ Records, a subsidiary of Motown Records and served as its President. In 1993, he was instrumental in the sale of Motown Records to PolyGram Records. Mr. McKeever eventually left Motown Records in 1995 to work on his own entrepreneurial projects. Mr. McKeever began his career at the law firm of Irell & Manella LLP in Los Angeles as an entertainment lawyer. In 2011, Mr. McKeever served as the Executive Producer of Entertainment for the dedication of the Martin Luther King, Jr. Memorial in Washington, D.C. Mr. McKeever currently serves as a director of several organizations. He served as a Governor of the Los Angeles Chapter of The National Academy of Recording Arts and Sciences (a/k/a The GRAMMYs) from 2001 to 2003 and 2008 to 2010 and gives generous time to various charitable organizations such as The City of Hope. Mr. McKeever received his B.S. from the University of Illinois at Urbana Champaign and received his J.D. from Harvard Law School.

What is Steven B. McKeever's net worth?

The estimated net worth of Steven B. McKeever is at least $920,453.12 as of June 15th, 2022. Mr. McKeever owns 44,944 shares of Ares Capital stock worth more than $920,453 as of March 27th. This net worth estimate does not reflect any other assets that Mr. McKeever may own. Learn More about Steven B. McKeever's net worth.

How do I contact Steven B. McKeever?

The corporate mailing address for Mr. McKeever 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 Steven B. McKeever's contact information.

Has Steven B. McKeever been buying or selling shares of Ares Capital?

Steven B. McKeever has not been actively trading shares of Ares Capital in the last ninety days. Most recently, on Wednesday, June 15th, Steven B. Mckeever bought 2,775 shares of Ares Capital stock. The stock was acquired at an average cost of $17.95 per share, with a total value of $49,811.25. Following the completion of the transaction, the director now directly owns 44,944 shares of the company's stock, valued at $806,744.80. Learn More on Steven B. McKeever'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), Michael Schnabel (Insider), 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 1 times. They purchased a total of 15,000 shares worth more than $267,600.00. The most recent insider tranaction occured on May, 2nd when insider Michael Kort Schnabel bought 15,000 shares worth more than $267,600.00. 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 5/2/2023.

Steven B. McKeever Insider Trading History at Ares Capital

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/15/2022Buy2,775$17.95$49,811.2544,944View SEC Filing Icon  
3/12/2020Buy3,375$14.57$49,173.75View SEC Filing Icon  
12/5/2019Buy3,000$18.74$56,220.00View SEC Filing Icon  
8/14/2019Buy5,425$18.42$99,928.5024,795View SEC Filing Icon  
5/13/2019Buy5,640$17.52$98,812.80View SEC Filing Icon  
8/14/2015Buy1,835$16.13$29,598.55View SEC Filing Icon  
See Full Table

Steven B. McKeever Buying and Selling Activity at Ares Capital

This chart shows Steven B Mckeever's buying and selling at Ares Capital by year and by quarter.

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Ares Capital Company Overview

Ares Capital logo
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: $20.48
Low: $20.48
High: $20.48

50 Day Range

MA: $20.24
Low: $19.94
High: $20.78

2 Week Range

Now: $20.48
Low: $17.53
High: $20.85

Volume

2,761 shs

Average Volume

3,735,317 shs

Market Capitalization

$12.43 billion

P/E Ratio

7.67

Dividend Yield

9.49%

Beta

0.99