Ares Capital Corporation Appoints Jana Markowicz as Chief Operating Officer
January 19 2023 - 4:15PM
Business Wire
Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC)
announced today that Jana Markowicz was appointed as its Chief
Operating Officer (COO). In this newly created role, Ms. Markowicz
will also serve as COO of Ares Management’s (“Ares”) U.S. Direct
Lending strategy where she will collaborate with the U.S. Direct
Lending Co-Heads and Investment Committee members in the management
of the team and strategy.
Ms. Markowicz joined Ares in 2005 as a member of the U.S. Direct
Lending investment team, supporting in the negotiation and
origination of private credit transactions. She has been
instrumental in the growth of Ares’ U.S. Direct Lending strategy,
serving as Partner, Head of Product Management and Investor
Relations for this strategy and will continue to lead in this
capacity as part of her new role. Prior to joining Ares 18 years
ago, Ms. Markowicz started her career in Leveraged Finance at
Citigroup, formerly Salomon Smith Barney, where she focused on
financings for companies across a broad range of industries. She
holds a B.S. from the University of Pennsylvania in Engineering,
with a concentration in Economic and Financial Systems.
“Jana is a proven leader on our U.S. Direct Lending team with
extensive knowledge of our origination, underwriting and portfolio
management process,” said Kipp deVeer, Chief Executive Officer of
Ares Capital. “In her new role as COO, we believe Jana’s experience
and strategic insights will help us further strengthen our market
leading position and enable us to continue generating attractive
long-term value for our shareholders.”
About Ares Capital Corporation
Founded in 2004, Ares Capital is a leading specialty finance
company focused on providing direct loans and other investments in
private middle market companies in the United States. Ares
Capital’s objective is to source and invest in high-quality
borrowers that need capital to achieve their business goals, which
often leads to economic growth and employment. Ares Capital
believes its loans and other investments in these companies can
generate attractive levels of current income and potential capital
appreciation for investors. Ares Capital, through its investment
manager, utilizes its extensive, direct origination capabilities
and incumbent borrower relationships to source and underwrite
predominantly senior secured loans but also subordinated debt and
equity investments. Ares Capital has elected to be regulated as a
business development company (“BDC”) and is the largest publicly
traded BDC by market capitalization as of December 31, 2022. Ares
Capital is externally managed by a subsidiary of Ares Management
Corporation (NYSE: ARES), a publicly traded, leading global
alternative investment manager. For more information about Ares
Capital, visit www.arescapitalcorp.com.
Forward-Looking Statements
Statements included herein may constitute “forward-looking
statements,” which relate to future events or Ares Capital’s future
performance or financial condition. These statements are not
guarantees of future performance, condition or results and involve
a number of risks and uncertainties. Actual results and conditions
may differ materially from those in the forward-looking statements
as a result of a number of factors, including those described from
time to time in Ares Capital’s filings with the Securities and
Exchange Commission. Ares Capital undertakes no duty to update any
forward-looking statements made herein.
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version on businesswire.com: https://www.businesswire.com/news/home/20230119005821/en/
Investors Carl G. Drake or John Stilmar (888) 818-5298
irarcc@aresmgmt.com Media Brittany Cash, +1-212-301-0347
Jacob Silber, +1 212-301-0376 media@aresmgmt.com
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