Ares Management Launches Wealth Management Solutions, Dhanda to Lead

Ares Management formed Ares Wealth Management Solutions, which will oversee activities across Ares’ investment offerings in the global wealth management channel. Ares named Raj Dhanda global head of wealth management and leader of the new division.

October 25, 2021 Ares Management | Ares Wealth Management Solutions | Michael Arougheti | Raj Dhanda | Ryan Berry Ian Koplin

Tiger Group Auction Offers Live Event and Entertainment Production Rental Gear From PRG

As PRG prepares for the full reopening of the industries it serves, it enlisted Tiger Group to auction select live event and production-ready audiovisual gear from its existing rental inventories.

October 25, 2021 Jonathan Holiday | PRG | Tiger Group Ian Koplin

Tiger Group Hosts Online Auction of Catamount Oilfield Services’ Pipe Inventory

Tiger Group and Liquidity Services reported that bidding is underway in the timed online auction of more than 300,000 feet of line pipe formerly owned by Fort Morgan, CO-based Catamount Oilfield Services.

October 22, 2021 Catamount Oilfield Services | Chad Farrell | Tiger Group and Liquidity Services Ian Koplin

White Oak Global Advisors Closes Fifth Generation Private Credit Fund Totaling $2.3B

White Oak Global Advisors completed fundraising for White Oak Yield Spectrum Fund V and other associated vehicles with more than $1.3 billion of total committed capital. An additional commitment of up to $1 billion was received for investments in specialty finance with a focus on asset-based lending.

October 21, 2021 Andre Hakkak | Campbell Lutyens | Kirkland & Ellis | White Oak Global Advisors Ian Koplin

New Mountain Capital Closes $1.15B Direct Lending Fund

New Mountain Capital, which manages more than $35 billion across private equity, credit and net lease real estate, closed its latest direct lending fund, New Mountain Guardian III BDC, with approximately $1.15 billion of capital commitments from investors.

October 21, 2021 John Kline | New Mountain Capital | New Mountain Finance Corporation | New Mountain Guardian III BDC | Steve Klinsky Ian Koplin

The Kevin P. Martin & Associates Team Joins CohnReznick to Broaden Northeast Footprint

The Kevin P. Martin & Associates (KPM) team — a Massachusetts-based accounting, consulting and tax firm — joined CohnReznick. Adding approximately 100 people, the combination puts CohnReznick among the top 10 firms in Massachusetts.

October 20, 2021 Alan Wolfson | CohnReznick | David Kessler | Kevin P. Martin Jr. | The Kevin P. Martin & Associates Ian Koplin

Brownstein Receives Directorship Certification from the NACD

Howard Brod Brownstein, president of The Brownstein Corporation, was named NACD Directorship Certified by the National Association of Corporate Directors.

October 20, 2021 National Association of Corporate Directors | Peter R. Gleason | The Brownstein Corporation | The NACD Directorship Certification Ian Koplin

Ares Management Closes Oversubscribed Junior Capital Direct Lending Fund

Ares Management closed Ares Private Credit Solutions II (APCS II). APCS II was oversubscribed, gaining $5.1 billion of commitments compared with its $4 billion target, and is approximately 50% larger than its 2017 predecessor fund.

October 18, 2021 Ares Credit Group | Ares Private Credit Solutions II | Jim Miller | Kipp deVeer | Michael Smith Ian Koplin

Citizens Advises Eclipse Advantage on Acquisition by Two Sigma Impact

Citizens M&A Advisory served as the exclusive financial advisor to Eclipse Advantage, a provider of outsourced supply chain workforce solutions, on its acquisition by Two Sigma Impact.

October 18, 2021 Citizens M&A Advisory | Eclipse Advantage | Jason Wallace | Longshore Capital Partners | Nick Christopher | Pete Westermann | Two Sigma Impact Ian Koplin

Consulting Magazine Names Mendes and Parker of FTI to Women Leaders in Consulting List

Consulting Magazine named Stella Mendes, a senior managing director in FTI Consulting’s forensic and litigation consulting segment, and Caroline Parker, a managing director in FTI Consulting’s strategic communications segment, to its Women Leaders in Consulting 2021 list.

October 18, 2021 Caroline Parker | Consulting magazine | FTI Consulting | Holly Paul | Stella Mendes Ian Koplin