Ares Management Archives

Ares Management Closes $12.3B in U.S. Direct Lending Commitments in Q3/24

Funds managed by Ares Management’s credit group closed approximately $12.3 billion in U.S. direct lending commitments during Q3/24 and approximately $44.5 billion in direct lending commitments in the 12 months ended Sept. 30, 2024.

November 5, 2024 Ares | Ares Management | Direct Lending Commitments Brianna Wilson

Ares Management to Acquire GCP International

Ares Management entered into a definitive agreement to acquire the international business of GLP Capital Partners and certain of its affiliates, excluding its operations in Greater China, and existing capital commitments to certain managed funds, in a transaction valued at $3.7 billion.

Second Avenue and Ares Provide Gabe’s with New $175MM Credit Facility

Second Avenue Capital Partners (SACP), a Schottenstein affiliate, closed a $175 million senior secured revolving line of credit for Gabe’s, an off-price retailer. The new credit facility was provided by SACP and Ares Management funds.

SSG Places Debt Financing for Pegasus Home Fashions

SSG Capital Advisors served as the investment banker to Pegasus Home Fashions and its affiliated entities in the private placement of a $25 million revolving credit facility with Ares Management.

August 16, 2024 Ares Management | Pegasus | revolving credit facility | SSG Capital Advisors Brianna Wilson

Ares Management and Lone Star Partner on £755MM ($969MM) Preferred Equity Investment

Funds managed by Ares Management’s alternative credit strategy have led a £755 ($969) million preferred equity commitment in Quintain. Lone Star Funds will be contributing £337 ($432.5) million to the preferred equity instrument.

Ares Management Closes $34B for U.S. Senior Direct Lending Strategy

Ares Management, a global alternative investment manager, closed Ares Senior Direct Lending Fund III. The total capital base for SDL III is expected to be approximately $33.6 billion, which includes equity commitments in related vehicles and anticipated leverage.

July 31, 2024 Ares | Ares Management | Ares Senior Direct Lending Fund III | Mark Affolter | Mitch Goldstein Brianna Wilson

Ares Management and Searchlight Lead Equity Investment for RSK Group

RSK Group entered into an agreement to receive a £500 ($633.3) million preferred equity investment from a consortium led by Searchlight Capital Partners and Ares Management funds. In addition, Ares committed an incremental £300 million debt facility to further support RSK.

Ares Management Launches Ansley Park Capital: A Strategic Move into Equipment Finance

Joel Holsinger and Eric Miller sit down with ABF Journal to discuss the recent launch of Ansley Park Capital, the new large-ticket equipment finance company of Ares Management.

Ares Commercial Finance Celebrates 10 Years of Ares Management

Ares Commercial Finance (ACF) marked 10 years as the commercial finance platform of Ares Management. Through the years, ACF has expanded the team to over 40 full time employees, increased its footprint to eight offices and enhanced its product suite.

June 11, 2024 Ares Commercial Finance | Ares Management | Keltic Financial Services | Ryan Cascade Brianna Wilson

Ares Management Closes $9.3B in Direct Lending Commitments in Q1/24

Funds managed by the credit group of Ares Management closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during Q1/24.

May 2, 2024 Ares Management Brianna Wilson

Tag Archives: Ares Management