Ares Forms New Middle-market Lending Venture With Varagon, Backed By AIG

Ares Capital Corporation has named Varagon Capital Partners, which is backed by insurer AIG, as its new partner for middle-market lending. The new joint venture, called the SDLP (Senior Secured Loan Program), will originate and hold first-lien loans, including stretch senior and unitranche loans, of up to $300 million, a joint – Source      

Ares Forms New Middle-market Lending Venture With Varagon, Backed By AIG