Ares Management Corporation Archives

Ares Leads $400MM Credit Facility for CrossCountry Mortgage

Funds managed by Ares Management’s alternative credit and U.S. direct lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage.

Blackstone, Ares, PSP and Thoma Bravo Credit Support Thoma Bravo’s Acquisition of Stamps.com

Thoma Bravo completed its acquisition of Stamps.com for approximately $6.6 billion in cash. Blackstone Credit, credit funds managed by Ares Management, PSP Investments Credit II and Thoma Bravo Credit provided debt financing for the transaction.

Ares Management Closes $150MM Preferred Equity Investment in Inter Miami CF

Funds managed by Ares Management’s credit group closed on a $150 million preferred equity investment in Inter Miami CF.

Ares Commercial Finance Provides $20MM Revolving LOC to Trading Technologies

Ares Commercial Finance provided a $20 million senior secured revolving line of credit to Trading Technologies International.

August 11, 2021 Ares Commercial Finance | Ares Management Corporation | Trading Technologies International Ian Koplin

Ares SSG Completes Third Secured Lending Opportunities Fund at $1.6B

Ares SSG, an Asia-Pacific alternative asset manager, closed its third Secured Lending Opportunities Fund III (SLO III), achieving capital commitments of more than $1.6 billion, which Ares believes is the largest pan-Asian secured lending fund to date.

July 30, 2021 Ares Management Corporation | Ares SSG | Edwin Wong | Michael Arougheti Ian Koplin

Ares Provides $10MM Revolving LOC to MicroStar to Support Kegstar Acquisition

Ares Commercial Finance provided a $10 million senior secured multinational revolving line of credit to MicroStar International Holdings, a portfolio company of Freeman Spogli, for working capital purposes in support of the acquisition of Kegstar Holdings.

May 19, 2021 Ares Management Corporation | Freeman Spogli | Kegstar | MicroStar Ian Koplin

AMP and Ares Pursue Joint Venture for AMP Capital’s Private Markets Businesses

AMP Limited and Ares Management entered into a non-binding heads of agreement to pursue a joint venture for AMP Capital’s private markets businesses of infrastructure equity and infrastructure debt, real estate and other minority investments.

February 26, 2021 AMP | Ares Management Corporation | Debra Hazelton | Francesco De Ferrari | Michael Arougheti Phil Neuffer

Ares Closes $13.7B in Commitments in 2020

Funds managed by Ares Management’s credit group closed approximately $7.3 billion in commitments across 68 transactions during Q4/20 and approximately $13.7 billion in commitments across 163 transactions for all of 2020.

February 16, 2021 Ares Management Corporation Phil Neuffer

Guitar Center Emerges from Chapter 11

Guitar Center emerged from bankruptcy following the consummation of its plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code.

Ares, Brigade and Carlyle Enter Restructuring Support Agreement with Guitar Center

Guitar Center, a global musical instrument retailer, entered into a restructuring support agreement with its equity sponsor, funds managed by the private equity group of Ares Management, Brigade Capital Management and The Carlyle Group.

November 16, 2020 Ares Management Corporation | Brigade Capital Management | Guitar Center | Ron Japinga | The Carlyle Group Ellie Delany

Tag Archives: Ares Management Corporation