Ares Management Corporation Archives

Ares Closes Approximately $6.1B in Direct Lending Commitments in Q3/23

Ares Management closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during Q3/23 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last 12-month period ended Sept. 30.

October 31, 2023 Ares Management Corporation Ian Koplin

Ares and Vinci Partners Enter Strategic Partnership and Investment

Ares Management Corporation and Vinci Partners Investments reached an agreement to form a strategic partnership. Additionally, an affiliate of Ares will concurrently make a $100 million investment in new convertible preferred shares to be issued by Vinci.

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.

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.

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.

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