FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / ...

ABL Advisor Search Results

News Stories (31 Results) - Ares Management

Gastar Exploration Inc. announced that it has entered into a restructuring support agreement with the Company's largest (and only) funded-debt creditors and largest common shareholders, certain funds affiliated with Ares Management LLC.  Subject to... Read Story
October 29, 2018, 07:14 AM


OnDeck®, a provider of online lending for small business, announced the closing of a $175 million asset-backed revolving credit facility consisting of funds provided by Liberty Mutual Insurance Company and certain of its affiliates, as well as funds... Read Story
August 09, 2018, 07:15 AM


The Ares Management, L.P. Credit Group is providing additional details on certain new financing commitments in its U.S. direct lending strategies that closed during the first quarter of 2018, which totaled approximately $3.0 billion in commitments... Read Story
May 07, 2018, 07:13 AM


FinFit Ops LLC, a FinTech company that provides over 80,000 American companies with a unique financial wellness benefit platform, announced the closing of a $35 million senior credit facility with Ares Management. FinFit has the ability to increase... Read Story
March 12, 2018, 07:00 AM


The Ares Management, L.P. Credit Group provided additional details on certain new financing commitments in its U.S. direct lending strategies that closed during the fourth quarter of 2017, which totaled approximately $2.8 billion in commitments... Read Story
February 20, 2018, 07:20 AM


Ares Management, L.P. announced that it has held the final close for its junior capital direct lending fund, Ares Private Credit Solutions. The Fund held its final closing with $3.4 billion of total commitments, which exceeded the initial fundraising... Read Story
December 21, 2017, 07:22 AM


Ares Management, L.P.  has made several executive appointments, effective January 1, 2018, including the announcement that Co-Founder and President Michael J Arougheti has also been named Chief Executive Officer of Ares Management. This promotion... Read Story
December 18, 2017, 08:02 AM


Nuverra Environmental Solutions, Inc. announced that, on August 7, 2017 the company and its material subsidiaries emerged from Bankruptcy protection under chapter 11 of the United States Bankruptcy Code. Pursuant to their Amended Joint Plans of... Read Story
August 14, 2017, 07:55 AM


Ares Management, L.P. announced that it will begin earning fees on approximately $3 billion of incremental AUM as a result of the completion of Ares Capital Corporation’s acquisition of American Capital, Ltd., which closed on January 3, 2017. As a... Read Story
January 04, 2017, 06:56 AM


Ares Commercial Finance announced that it has provided a $22.53 million senior-secured credit facility to Carey Holdings, Inc. Based in Maryland, Carey is the world’s leading integrated-network ground transportation brand serving the managed travel... Read Story
December 08, 2016, 07:49 AM


Ares Commercial Finance announced that it has provided an $18 million senior secured credit facility to Hastings Manufacturing Company, a Michigan-based manufacturer and distributor of piston rings used in gasoline and diesel engines.  The credit... Read Story
November 22, 2016, 07:44 AM


US Capital Partners Inc. announced its affiliate US Capital Investment Management, LLC (“US Capital”) has recently closed an $8 million unitranche stretch facility for Fulham Co., Inc. (“Fulham”) out of its US Capital Business Credit Income Fund, LP.... Read Story
October 12, 2016, 07:07 AM


Ares Commercial Finance announced that it has provided a $17.5 million credit facility to Automated HealthCare Solutions, LLC, a Miramar, FL-based multi-faceted healthcare technology provider that operates nationwide.  Automated HealthCare Solutions... Read Story
September 14, 2016, 07:39 AM


Ares Commercial Finance announced it has provided a $10 million asset-based credit facility to DCWV Acquisition Corporation, a Provo, UT-based company that designs, manufactures, and sells innovative, high quality products to the paper crafting... Read Story
September 08, 2016, 07:41 AM


Clayton Williams Energy, Inc. announced it has entered into a credit agreement with certain funds managed by Ares Management, providing for the Lenders to make secured term loans to the company in the principal amount of $350 million. The company... Read Story
March 09, 2016, 08:00 AM


Ares Commercial Finance has funded a $28 million senior secured credit facility consisting of a $25 million revolving line of credit and a $3 million term loan to Innovative Hearth Products LLC (“IHP”), a company majority-owned by an affiliate of... Read Story
August 17, 2015, 07:54 AM


Ares Management, L.P. and Kayne Anderson Capital Advisors, L.P. announced they have entered into a definitive merger agreement to create Ares Kayne Management, L.P., one of the largest and most diversified alternative asset managers with a combined... Read Story
July 24, 2015, 07:59 AM


Bloomberg reports that Capital One Financial Corp. and Apollo Global Management have made offers for General Electric Co.’s health-care finance unit, which could fetch more than $11 billion, according to people familiar with the matter.In addition... Read Story
June 26, 2015, 08:02 AM


Bloomberg reported GE. is poised for a $12 billion deal as soon as Monday to sell more than half of its U.S. private-equity lending arm to Canada Pension Plan Investment Board while Ares Management LP seeks to buy the rest of that business, people... Read Story
June 08, 2015, 08:08 AM


First Capital, a commercial finance company with a national presence, announced that it has completed the sale of its three product businesses to separate buyers.  Traditional factoring was sold to Sterling Bancorp on May 7, 2015; Recourse Factoring... Read Story
May 19, 2015, 08:06 AM


Wells Fargo Capital Finance announced that its Lender Finance division was administrative agent and lead arranger for a $450 million senior revolver for Ares Commercial Finance LP (“ACF”), a fund managed by the commercial finance platform of Ares... Read Story
May 19, 2015, 07:39 AM


Bloomberg reported SunTrust, Apollo Global Management and Ares Management are weighing offers for a General Electric unit that lends to private-equity firms, people familiar with the matter said.Bloomberg reports that concern over possible staff... Read Story
April 27, 2015, 07:21 AM


Ares Management, L.P. and GE Capital announced today that the European Loan Programme (ELP), a €3.0 billion joint venture between affiliates of the two firms that provides senior secured loans to upper middle market corporate borrowers, has completed... Read Story
April 23, 2015, 07:14 AM


Ares Management, L.P. announced that a fund managed by its commercial finance platform has signed a definitive agreement to acquire the asset-based lending portfolio of First Capital Holdings, Inc., a leading commercial finance company that provides... Read Story
April 20, 2015, 07:49 AM


Ares Management and GE Capital announced that the European Loan Programme (ELP), a €3.0 billion joint venture between affiliates of the two global institutions that provides senior secured loans to upper middle market corporate borrowers has... Read Story
March 23, 2015, 07:25 AM


Ares Management and GE Capital announced the European Senior Secured Loan Programme (ESSLP), a €1.75 billion joint venture between affiliates of the two firms, has provided a £75M financing package to fund the acquisition of Wireless Logic, Europe's... Read Story
March 05, 2015, 07:26 AM


Ares Commercial Finance has funded a $9 million senior secured revolving line of credit to Surge Staffing, LLC.  Surge Staffing, LLC operates a Staffing and Human Resources solutions company offering a wide variety of services and support, including... Read Story
February 20, 2015, 07:14 AM


Ares Commercial Real Estate Corporation announced that through a wholly owned subsidiary it has closed a $75.0 million credit facility with Los Angeles-based City National Bank (“CNB Facility”). The CNB Facility will expand ACRE’s financial... Read Story
August 01, 2014, 06:57 AM


Wells Fargo Capital Finance, part of Wells Fargo & Company, announced its Lender Finance group was administrative agent and lead arranger for a $150 million senior revolver for ACF FinCo I LP, an affiliate of Ares Management, L.P. (“Ares”). Ares is a... Read Story
June 06, 2014, 07:46 AM


Ares Management, L.P. announced on Jun.5 that it has expanded into the commercial finance sector through its acquisition of Keltic Financial Services LLC and Keltic Financial Partners II, LP, a leading commercial finance company that provides... Read Story
June 06, 2014, 07:23 AM


Ares Management LLC and Canada Pension Plan Investment Board (CPPIB) announced their affiliates have entered into a definitive agreement to acquire Neiman Marcus Group LTD Inc. from a group of investors led by TPG and Warburg Pincus for a purchase... Read Story
September 10, 2013, 07:14 AM