A subsidiary of Ares Management completed its acquisition of Black Creek Group’s U.S. real estate investment advisory and distribution business.
Funds managed by Ares Management committed more than $1 billion of investments over the last six months in the sports, media and entertainment sector.
Ares Management completed its previously disclosed acquisition of Landmark Partners, an investor in acquiring secondary private fund ownership stakes in the alternative asset management industry.
A fund managed by Ares Management’s private equity group signed a purchase agreement to sell Farrow & Ball, a UK-based manufacturer and retailer of paint and wallpaper, to Hempel Group.
Funds managed by Ares Management’s credit group closed approximately $3.6 billion in commitments across 45 transactions during Q1/21.
Ares Management, a global alternative investment manager, closed its fifth commingled European direct lending fund, Ares Capital Europe V (ACE V), at €11 billion ($13.34 billion). According to Ares, this represents the largest European direct lending fund raised to date.
A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners. The transaction is valued at $1.08 billion.
Ares Commercial Finance provided a $45 million senior secured revolving line of credit to Southern States Cooperative.
Ares Management closed its Ares Pathfinder Fund, L.P. With $3.7 billion in total commitments closed, the fund was significantly oversubscribed at its hard cap and exceeded its original target of $2 billion.
Ares Management won four awards from Private Debt Investor and Private Equity International, including Global Fund Manager of the Year, BDC of the Year (Americas), Distressed Debt Investor of the Year (Asia- Pacific) and Lender of the Year (North America).