The estimated Net Worth of R. Kipp De Veer is at least $154 Million dollars as of 22 July 2024. Mr. Veer owns over 41,676 units of Ares Capital Corp stock worth over $22,069,750 and over the last 11 years he sold ARCC stock worth over $132,133,776. In addition, he makes $0 as Chief Executive Officer and Director at Ares Capital Corp.
Robert has made over 36 trades of the Ares Capital Corp stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 41,676 units of ARCC stock worth $6,260,152 on 22 July 2024.
The largest trade he's ever made was selling 298,670 units of Ares Capital Corp stock on 20 June 2019 worth over $8,237,319. On average, Robert trades about 53,174 units every 70 days since 2013. As of 22 July 2024 he still owns at least 1,075,000 units of Ares Capital Corp stock.
You can see the complete history of Mr. Veer stock trades at the bottom of the page.
Robert Kipp deVeer III serves as Chief Executive Officer, Director of the Company. Mr. deVeer previously served as President of the Company from May 2013 to July 2014. He joined Ares in May 2004 and currently serves as a Director and Partner of Ares Management Corporation. He is a member of the Ares Executive Management Committee, the seven-member governing body which controls Ares. He is also a Partner in and Head of the Ares Credit Group and a member of the Management Committee of Ares. Mr. deVeer may from time to time 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. deVeer is a member of the Investment Committee of the Company's investment adviser, the Ares Credit Group's U.S. and European Direct Lending Investment Committees and other select Ares Credit Group investment committees. Mr. deVeer is also a director of Ares Management Limited, a subsidiary of Ares Management overseeing the European activities of Ares. Prior to joining Ares, Mr. deVeer 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. deVeer joined RBC in October 2001 from Indosuez Capital, where he was Vice President in the Merchant Banking Group. Previously, Mr. deVeer worked at J.P. Morgan and Co., both in the Special Investment Group of J.P. Morgan Investment Management, Inc. and the Investment Banking Division of J.P. Morgan Securities Inc. Mr. deVeer received a B.A. from Yale University and an M.B.A. from Stanford University's Graduate School of Business.
Robert deVeer is 47, he's been the Chief Executive Officer and Director of Ares Capital Corp since 2015. There are 18 older and 4 younger executives at Ares Capital Corp. The oldest executive at Ares Capital Corp is Robert Rosen, 73, who is the Director.
R's mailing address filed with the SEC is 1800 AVENUE OF THE STARS, SUITE 1400, LOS ANGELES, CA, 90067.
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: