The estimated Net Worth of Michael Lewis Smith is at least $1.83 Million dollars as of 19 May 2022. Mr. Smith owns over 54,000 units of Ares Capital Corp stock worth over $1,827,170 and over the last 11 years he sold ARCC stock worth over $0. In addition, he makes $0 as Co-President at Ares Capital Corp.
Michael has made over 4 trades of the Ares Capital Corp stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 54,000 units of ARCC stock worth $1,006,560 on 19 May 2022.
The largest trade he's ever made was buying 54,000 units of Ares Capital Corp stock on 19 May 2022 worth over $1,006,560. On average, Michael trades about 24,800 units every 585 days since 2013. As of 19 May 2022 he still owns at least 89,000 units of Ares Capital Corp stock.
You can see the complete history of Mr. Smith stock trades at the bottom of the page.
Michael L. Smith is Co-President of the Company. Mr. Smith previously served as an Executive Vice President of the Company from May 2013 to July 2014. Mr. Smith joined Ares in May 2004 and currently serves as a Partner in and Co-Head of the Ares Credit Group and a member of the Management Committee of Ares. From time to time, he may serve as an officer, director or principal of entities affiliated with Ares Management or of investment funds managed by Ares Management and its affiliates. Mr. Smith is a member of the Investment Committees of our investment adviser, select Ares Credit Group U.S. Direct Lending investment committees and Commercial Finance Investment Committee, the Ares Private Equity Group's Special Opportunities Investment Committee, the Infrastructure and Power Group Funds Investment Committee, the Ivy Hill Asset Management Investment Committee and other select Ares Credit Group Investment Committees. Prior to joining Ares, Mr. Smith was a Partner at RBC Capital Partners, a division of Royal Bank of Canada, which led the firm's middle market financing and principal investment business. Mr. Smith joined RBC in October 2001 from Indosuez Capital, where he was a Vice President in the Merchant Banking Group. Previously, Mr. Smith worked at Kenter, Glastris & Company, and at Salomon Brothers Inc., in their Debt Capital Markets Group and Financial Institutions Group. Mr. Smith received a B.S. in Business Administration, cum laude, from the University of Notre Dame and a Masters in Management from Northwestern University's Kellogg Graduate School of Management.
Michael Smith is 48, he's been the Co-President of Ares Capital Corp since 2014. There are 16 older and 8 younger executives at Ares Capital Corp. The oldest executive at Ares Capital Corp is Robert Rosen, 73, who is the Director.
Michael's mailing address filed with the SEC is C/O ARES CAPITAL CORPORATION, 245 PARK AVENUE, 44TH FLOOR, NEW YORK, NY, 10167.
Over the last 20 years, insiders at Ares Capital Corp have traded over $4,504,893 worth of Ares Capital Corp stock and bought 2,611,155 units worth $39,303,102 . The most active insiders traders include Antony P Ressler, Michael J Arougheti, and Bennett Rosenthal. On average, Ares Capital Corp executives and independent directors trade stock every 39 days with the average trade being worth of $342,338. The most recent stock trade was executed by Michael Kort Schnabel on 2 May 2023, trading 15,000 units of ARCC stock currently worth $267,600.
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Ares Capital Corp executives and other stock owners filed with the SEC include: