Ares, Amwins and Flexpoint Ford Provide $250MM Equity Financing for SageSure

SageSure, an independent managing general underwriter focused on providing catastrophe-exposed property insurance, closed a $250 million equity investment led by Amwins and Flexpoint Ford, with participation from Ares Management.

May 17, 2023 Amwins | Ares Management Corporation | Dominic Hood | Flexpoint Ford | Kirkland & Ellis | Robinson Bradshaw & Hinson | SageSure | Scott Purviance | Shipman & Goodwin | Terrence McLean | Waller Helms Advisors Ian Koplin

Kim Joins Ares as Partner and Head of European Special Opportunities in Private Equity Group

James Kim joined Ares Management Corporation as a partner and head of European special opportunities in Ares’ private equity group. Based in London, Kim will lead Ares’ special opportunities activities in Europe.

September 14, 2022 Ares Management Corporation | James Kim | Matt Cwiertnia | Scott Graves Ian Koplin

Ares Acquires Capital Automotive for $3.8B

Funds managed by the alternative credit strategy and real estate group of Ares Management acquired Capital Automotive from a Brookfield private real estate fund for $3.8 billion. 

February 17, 2022 Ares Management Corporation | Capital Automotive | David Roth | Jay Ferriero | Joel Holsinger Ian Koplin

Ares Adds Dudhia, Luca and Moore to Expand European Real Estate Debt Team

Philip Moore, Alessandro Luca and Anisa Dudhia joined Ares Management to expand its real estate debt presence in Europe.

January 26, 2022 Alessandro Luca | Anisa Dudhia | Ares Management Corporation | Bill Benjamin | Philip Moore Ian Koplin

Ares Acquires 75 Industrial Properties for $1.7B

Ares Management closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet. The properties were purchased from two different sellers at an aggregate purchase price of approximately $1.7 billion.

December 29, 2021 Ares Management Corporation | Ares real estate group | David Fazekas Ian Koplin

Ares Closes Senior Direct Lending Fund II at $14B

Ares Management closed Ares Senior Direct Lending Fund II. The fund is more than 2.6 times the size of its 2018 predecessor fund of $3 billion. Including anticipated leverage, the total capital base for the fund is expected to be approximately $14 billion.

December 13, 2021 Ares Management Corporation | Ares Senior Direct Lending Fund II | Dave Schwartz | Kipp deVeer | Mark Affolter | Mitch Goldstein Ian Koplin

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.

November 23, 2021 Ares Management Corporation | Caisse de dépôt et placement du Québec | CrossCountry Mortgage | Kevin Alexander | Martin Laguerre | Ron Leonhardt Jr. Ian Koplin

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.

October 6, 2021 Ares Management Corporation | Blackstone Credit | Holden Spaht | J.P. Morgan Securities | Ken McBride | Kirkland & Ellis | Proskauer Rose | PSP Investments Credit II | Stamps.com | Thoma Bravo Ian Koplin

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.

September 20, 2021 Ares Management Corporation | David Beckham | Inter Miami CF | Jim Miller | Jorge Mas | Marcelo Claure | Mark Affolter | Masayoshi Son Ian Koplin

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