Ares Management Corporation announced that Ares Management funds (“Ares”) have acquired an interest in a portfolio of Limited Partner stakes (the “Portfolio”) from a leading institutional investor. The Portfolio comprises investments that are...
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April 22, 2024, 07:40 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to MAV Holdco, LLC (“MAV” or the “Company”), which is headquartered in Toronto, Ontario and owns four brands—Marc Anthony True Professional, Renpure, Cake Beauty and The Mane...
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March 13, 2024, 07:54 AM
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Ares Management Corporation announced that funds managed by its Alternative Credit strategy (“Ares Alternative Credit”) have launched Ansley Park Capital (“Ansley Park”), a newly-formed lending and specialty finance company that delivers full...
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March 04, 2024, 08:00 AM
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Ares Management Corporation announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm’s Credit Group and will be named Opportunistic Credit. Moving the strategy to the Credit...
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February 26, 2024, 08:02 AM
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Ares Management Corporation announced that funds managed by its Credit Group closed approximately $10.1 billion in U.S. direct lending commitments across 78 transactions during the fourth quarter of 2023 and approximately $22.4 billion in direct...
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February 08, 2024, 07:58 AM
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Artivion, a leading cardiac and vascular surgery company focused on aortic disease, closed a comprehensive, non- dilutive definitive credit agreement with Ares Management Credit funds for $350 million of senior secured, interest-only, credit...
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January 19, 2024, 07:43 AM
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Ares Management Corporation raised approximately $3.3 billion of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX, General Partner commitments and affiliated vehicles.Through LREF IX, the Ares Real Estate Secondaries...
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December 05, 2023, 07:45 AM
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Ares Commercial Finance announced that Lindsay Gray has joined its Business Development team as a Managing Director. Based in Florida, Ms. Gray is responsible for business development and origination, with a focus on direct lending, commercial...
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November 01, 2023, 07:46 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6...
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October 31, 2023, 08:00 AM
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Ares Management Corporation announced the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. (and together with parallel vehicles, “Pathfinder II” or the “Fund”) at $6.6 billion in commitments. The Fund was...
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October 30, 2023, 08:19 AM
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Ares Management Corporation and Vinci Partners Investments Ltd. have reached an agreement to form a strategic partnership to accelerate the growth of Vinci's platform in Latin America and to collaborate on distribution, product development and other...
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October 11, 2023, 06:52 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $4.1 billion in U.S. direct lending commitments across 51 transactions during the second quarter of 2023 and approximately $20.2...
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August 01, 2023, 08:00 AM
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Ares Management Corporation announced that funds managed by its U.S. Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as...
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May 04, 2023, 07:40 AM
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Ares Management Corporation announced that funds managed by its Credit Group closed approximately $2.1 billion in U.S. direct lending commitments across 35 transactions during the first quarter of 2023 and approximately $23.5 billion in U.S. direct...
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April 28, 2023, 08:00 AM
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Ares Management Corporation and Mubadala Investment Company, a global sovereign investor, formed a joint venture to invest in global credit secondaries opportunities.The joint venture, anchored by Mubadala, will initially aim to deploy approximately...
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March 22, 2023, 08:02 AM
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Ares Commercial Finance provided a $31.2 million senior secured credit facility for a family-owned and operated manufacturer and distributor of high-quality home and garden equipment for professional and consumer use. The credit facility consists of...
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March 16, 2023, 07:51 AM
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BlueCove Limited, the London-based scientific fixed income manager, and Ares Management Corporation, a leading global alternative investment manager, have reached an agreement under which Ares will acquire a minority equity stake in BlueCove with...
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February 28, 2023, 07:30 AM
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Ares Commercial Finance provided a $22.5 million senior secured credit facility to a leading offline processor and wholesale distributor of branded and private-label commodity, specialty and hard-cooked eggs predominantly in the Northeast and...
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February 16, 2023, 07:50 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4...
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February 09, 2023, 08:00 AM
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Ares Capital Corporation announced 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...
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January 20, 2023, 08:06 AM
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Ares Management Corporation announced the final closing of its Infrastructure Debt Fund V (“IDF V”), which is focused on making subordinated investments across the digital, utilities, renewables, energy and transportation sectors. IDF V held its...
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January 12, 2023, 07:56 AM
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CIBC Asset Management is expanding its strategic relationship with Ares Management Corporation to add strategies that invest in global private credit markets. Ares is currently the sub-advisor to the Renaissance Floating Rate Income Fund....
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December 16, 2022, 07:52 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.7 billion in U.S. direct lending commitments across 45 transactions during the third quarter of 2022 and approximately $32...
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October 27, 2022, 08:00 AM
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Ares Management Corporation announced the final closing of its Ares Special Opportunities Fund II, L.P. (together with Ares Special Opportunities Fund II (Jersey), L.P. and each of their parallel vehicles, “ASOF II”). With strong global investor...
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October 24, 2022, 08:00 AM
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Ares Management announced that it held the final closing of its Ares U.S. Real Estate Fund X, L.P. (“U.S. X” or the “Fund”) on September 30, 2022. U.S. X was oversubscribed with $1.8 billion of commitments relative to its $1.5 billion target and is...
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October 11, 2022, 07:52 AM
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iCapital, a global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and Ares Wealth Management Solutions (“AWMS”) announced an expansion of their partnership to provide financial...
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September 07, 2022, 07:56 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.9 billion in U.S. direct lending commitments across 58 transactions during the second quarter of 2022 and approximately $31.8...
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July 28, 2022, 08:04 AM
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Ares Management Corporation announced that funds managed by its Infrastructure Debt strategy have committed a delayed draw sustainability-linked debt facility to EdgeConneX®, a leading global provider of full-range data center solutions.
The new...
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June 21, 2022, 07:45 AM
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Ares Management Corporation announced that funds managed by its Credit Group (collectively “Ares”) closed approximately $5.0 billion in U.S. direct lending commitments across 54 transactions during the first quarter of 2022 and approximately $35...
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April 28, 2022, 08:00 AM
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Ares Management Corporation announced that its subsidiary, Ares Capital Management LLC, has entered into a definitive agreement to acquire, on behalf of funds managed by the Ares Credit Group, the Middle Market Lending portfolio (the “Portfolio”)...
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April 26, 2022, 08:00 AM
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Ares Management Corporation announced the launch of Ares Private Markets Fund (the “Fund”), a new registered, continuously offered, non-traded, closed-end fund that intends to invest in an actively managed portfolio of private equity and other...
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April 06, 2022, 07:53 AM
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Sharestates, a real estate technology platform designed to support and accelerate the redevelopment of residential housing, recently closed a new $100 mllion warehouse line of credit led by funds managed by the Credit Group of Ares Management...
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March 04, 2022, 07:55 AM
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Amryt, a global, commercial-stage biopharmaceutical company secured $125 million of senior credit facilities from funds managed by the Credit Group of Ares Management Corporation. Amryt will use a portion of the proceeds to refinance its previous...
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February 23, 2022, 07:18 AM
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Ares Management Corporation announced that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive LLC (“CARS”) from a Brookfield private real estate fund for $3.8 billion. This latest transaction...
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February 17, 2022, 07:58 AM
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SageSure, a leading managing general underwriter and insurance technology innovator, has secured a $375 million senior credit facility from funds managed by the U.S. Direct Lending and Alternative Credit strategies of Ares Management Corporation....
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February 14, 2022, 08:02 AM
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Ares Management Corporation announced that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed...
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February 11, 2022, 08:05 AM
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Ares Management Corporation announced that Philip Moore, Alessandro Luca and Anisa Dudhia have joined Ares to expand its real estate debt presence in Europe. These additions reflect a natural evolution of the Ares Real Estate Group’s 25-year track...
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January 26, 2022, 07:08 AM
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Ares Management Corporation announced that Jeffrey Hughes has joined the Ares Credit Group to lead the firm’s new effort in sourcing and managing privately placed investment grade credit investments.In this newly created role, Hughes joins as a...
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January 11, 2022, 08:05 AM
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Ares Management Corporation announced that industry veterans Sebastien Burdel and Luca Salvato are joining as Partners in the Ares Secondary Solutions Group. They will work alongside Ares’ existing teams in both New York and London to directly...
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January 10, 2022, 08:05 AM
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Ares Management Corporation, announced that funds managed by the Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet. The properties were purchased from two...
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December 29, 2021, 07:11 AM
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Ares Management Corporation announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt...
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December 27, 2021, 07:31 AM
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Ares Management Corporation raised $2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund (“ACIP” or the “Fund”) with approximately $1.4 billion in total raised, and $800 million...
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December 16, 2021, 07:52 AM
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Ares Management Corporation announced the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target...
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December 13, 2021, 08:02 AM
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Ares Management Corporation announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the “Company”). Caisse de dépôt et...
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November 23, 2021, 08:03 AM
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Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.2 billion in...
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October 29, 2021, 08:06 AM
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Ares Management Corporation announced the formation of Ares Wealth Management Solutions (“WMS”). WMS will oversee the product development, distribution, marketing and client management activities across Ares’ investment offerings in the global wealth...
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October 25, 2021, 07:40 AM
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Nuula, a fintech company focused on small businesses, announced $120 million in new funding. The total is made up of $20 million in equity funding led by Edison Partners that will accelerate the brand's launch and drive adoption of the Nuula mobile...
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September 09, 2021, 07:30 AM
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Ares Management Corporation announced today John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling...
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September 07, 2021, 07:10 AM
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Ares Management Corporation announced that funds managed by its European Direct Lending strategy are serving as the sole lenders of £1 billion ($1.39 billion) of available debt facilities to the RSK Group (“RSK”), the U.K.’s largest privately-owned...
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August 09, 2021, 07:56 AM
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Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $9.0 billion in...
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July 30, 2021, 07:59 AM
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Ares Management announced that funds managed by Ares have committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector. Ares employs a global flexible private capital strategy that invests in...
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June 30, 2021, 08:10 AM
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Ares Commercial Finance (“ACF”) provided a $20 million accounts receivable securitization for K&N Funding, LLC, an affiliate of K&N Engineering, Inc. K&N®, a portfolio company of funds managed by Goldman Sachs Asset Management, is an industry-leader...
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June 08, 2021, 07:52 AM
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Ares Management Corporation announced that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the...
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June 04, 2021, 06:14 AM
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Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate...
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May 24, 2021, 07:34 AM
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Ares Management announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not...
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May 11, 2021, 07:10 AM
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Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group closed approximately $3.6 billion in commitments across 45...
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April 30, 2021, 08:00 AM
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Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the...
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April 01, 2021, 08:05 AM
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Ares Commercial Finance (“ACF”) provided a $45 million senior secured revolving line of credit to Southern States Cooperative, Inc. (“SSC”). Headquartered in Richmond, VA, SSC is a retail agricultural cooperative serving the agronomy, energy and farm...
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March 22, 2021, 08:00 AM
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Ares Management Corporation announced the final closing of its Ares Pathfinder Fund, L.P.. With $3.7 billion in total commitments closed, the Fund was significantly oversubscribed at its hard cap and exceeded its original target of $2.0...
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March 16, 2021, 07:30 AM
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AMP Limited and Ares Management Corporation announced that they have entered into a non-binding Heads of Agreement to pursue the formation of a joint venture for AMP Capital’s private markets businesses of infrastructure equity and infrastructure...
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February 26, 2021, 07:30 AM
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Ares Management provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.3 billion in commitments...
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February 12, 2021, 08:00 AM
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Ares Management Corporation and aviation industry veterans, including Bob Brown, Sean Sullivan and Will Hudson, announced the launch of Vmo Aircraft Leasing L.P. (“Vmo”), a newly-formed company to acquire and lease commercial aircraft. Funds managed...
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January 12, 2021, 08:00 AM
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Mesa West Capital has provided a joint venture of CapRock Partners and funds managed by Ares Management Corporation with $134.6 million in first mortgage debt for the construction and lease up of CapRock Tropical Logistics Park, a two-building, 1,128...
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December 15, 2020, 08:25 AM
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Guitar Center, Inc., a leading musical instrument retailer, announced that it has entered into a comprehensive Restructuring Support Agreement (the “RSA”) with its key stakeholders, including its equity sponsor, a fund managed by the Private Equity...
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November 16, 2020, 10:00 AM
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Unified Women’s Healthcare (“Unified” or the “Company”), the leading practice management platform in women’s healthcare, today announced that it has entered into a definitive agreement to add Altas Partners (“Altas”) as a strategic partner. Altas, a...
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November 09, 2020, 08:30 AM
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Ares Management Corporation announced that Raj Krishnan has joined as Partner and Chief Investment Officer of Ares Insurance Solutions (“AIS”).Mr. Krishnan brings more than 25 years of insurance asset management experience to AIS. He joins from F&G...
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October 26, 2020, 09:03 AM
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Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation announced a strategic partnership to acquire Front Yard Residential Corporation, a leading provider of...
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October 20, 2020, 08:10 AM
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Ares Management Corporation and its indirect subsidiary Aspida Holdings Ltd. (“Aspida”) jointly announced an agreement by Aspida to acquire all outstanding common shares in F&G Reinsurance Ltd, a Bermuda-domiciled life & annuity reinsurer with...
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October 01, 2020, 08:45 AM
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Ares Management Corporation, a leading global alternative investment manager, announced today the appointment of John Knox as Australia & New Zealand Chairman of Ares SSG.Mr. Knox is the former Chief Executive Officer of Credit Suisse Australia...
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September 28, 2020, 08:55 AM
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Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $1.7 billion in commitments across 24 transactions during the second quarter and approximately $4.4 billion in commitments across 64 transactions...
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August 06, 2020, 09:19 AM
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Ares Management Corporation announced that its subsidiary, Ares Holdings L.P., has completed its previously disclosed acquisition of a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries (collectively, “SSG”), a...
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July 02, 2020, 09:05 AM
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Ares Management Corporation announced that it is serving as the lead arranger for a £1.875 billion financing commitment to The Ardonagh Group (“Ardonagh”), the U.K.’s largest independent insurance broker, through Ares’ global direct lending platform...
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June 23, 2020, 09:05 AM
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Ares Management Corporation, a leading global alternative investment manager, announced today the final closing of its Ares Special Opportunities Fund, L.P. (together with its parallel vehicles, “ASOF” or the “Fund”). The Fund was significantly...
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June 22, 2020, 09:10 AM
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Ares Management Corporation, a leading global alternative investment manager, announced today that funds managed by its Alternative Credit Strategy led a $250 million revolving asset-backed credit facility for Affirm Inc. (“Affirm”), a financial...
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June 19, 2020, 08:00 AM
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LivaNova PLC announced its entry into a five-year $450 million senior secured credit facility through its wholly owned U.S. subsidiary, LivaNova USA, Inc. with funds managed by affiliates of Ares Management Corporation, as administrative agent and...
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June 11, 2020, 09:00 AM
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Ares Management Corporation (Ares), through funds managed by its Infrastructure and Power strategy and IGS Ventures announced the completion of a $150 million capital raise for IGS Resi Solar III, LLC (“Solar III”). Solar III constitutes the...
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June 02, 2020, 09:10 AM
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Ares Management Corporation announced that Adam Heltzer has joined as Managing Director and Head of Environmental, Social and Governance (“ESG”), effective April 1, 2020. Mr. Heltzer will be based in New York and will report to Michael Arougheti...
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March 09, 2020, 09:05 AM
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Ares Management Corporation offered details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group closed approximately $3.3 billion in commitments across 54...
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February 14, 2020, 08:55 AM
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Ares Management Corporation announced that funds managed by its Alternative Credit strategy have provided a $450 million revolving asset-backed credit facility secured by agricultural production loans originated by Ag Resource Management (“ARM”).ARM...
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February 11, 2020, 09:00 AM
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Ares Management Corporation (“Ares”) announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries (collectively, “SSG”), a...
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January 21, 2020, 09:10 AM
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Ares Management Corporation (ARES) announced that two senior professionals have joined Ares Management’s Credit Group to expand its focus on asset financing across alternative credit and the financial services industry. These new hires reflect Ares’...
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June 19, 2019, 08:52 AM
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Ares Management Corporation announced the final closing of its inaugural, commingled U.S. senior direct lending fund, Ares Senior Direct Lending Fund (SDL). SDL was significantly oversubscribed relative to its initial target of $2 billion in L.P....
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January 04, 2019, 08:00 AM
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