Ares Management Archives - Page 3 of 14

Ares Management Closes $31.8B in New Commitments in Last 12 Months

F.N.B. entered its next phase of strategic expansion in Virginia, including further growth of its retail network in the greater Washington, D.C., area and plans to extend its commercial banking operations into Richmond, VA, with a new loan origination center.

Ares Provides $225MM to Support Evolent Health’s Acquisition of IPG

Evolent Health entered into a definitive agreement to acquire IPG, a technology and services company providing surgical management solutions for musculoskeletal conditions. Ares Management provided a $225 million senior credit facility to support the acquisition.

Ares Management Releases Inaugural TCFD Climate Action and Annual Sustainability Report

Ares Management, a global alternative investment manager, released its first-ever TCFD Climate Action Report alongside its annual sustainability report titled Accelerating Our Impact.

June 28, 2022 Adam Heltzer | Ares Management | Michael Arougheti Ian Koplin

Ares Provides $1B Delayed-Draw Sustainability-Linked Debt Facility to EdgeConnex

The funds managed by Ares Management’s infrastructure debt strategy committed a delayed-draw sustainability-linked debt facility to EdgeConneX, a global provider of data center solutions.

June 21, 2022 Ares Management | EdgeConneX | Randy Brouckman | Spencer Ivey Ian Koplin

Ares Management Closes Approximately $5B in Direct Lending Commitments in Q1/22

Ares Management closed approximately $5 billion in U.S. direct lending commitments across 54 transactions during Q1/22 and approximately $35 billion in direct lending commitments across 287 transactions in the past year.

Ares Credit Group Acquires Annaly Capital Management’s Lending Portfolio for $2.4B

Ares Management entered into a definitive agreement to acquire, on behalf of funds managed by the Ares Credit Group, the middle market-lending portfolio of Annaly Capital Management for approximately $2.4 billion.

April 26, 2022 Annaly Capital Management | Ares Management | Michael Smith | Mitchell Goldstein Ian Koplin

Ares Management Launches Ares Private Markets Fund

Ares Management launched Ares Private Markets Fund, a newly registered, continuously offered, non-traded, closed-end fund.

April 6, 2022 Ares Management | Ares Private Markets Fund | Francisco Borges | Michael Arougheti | Raj Dhanda Ian Koplin

Black Women in Asset Management Bolsters Membership with New Industry Partners

Black Women in Asset Management added Ares Management, BlackRock, Federated Hermes, Helios Investment Partners, J.P. Morgan Asset Management, M&G, Maniyar Capital, Morningstar and State Street Global Advisors as new institutional members.

Ares Management Provides $100MM Warehouse Debt Facility to Sharestates

Sharestates closed a $100 million warehouse line of credit led by funds managed by the credit group of Ares Management to capitalize on demand from borrowers.

March 4, 2022 Allen Shayanfekr | Ares Management | Sharestates | Stephan Leccese Ian Koplin

Ares Management Provides $125M Non-Dilutive Debt Refinancing to Amryt

Amryt, a global, commercial-stage biopharmaceutical company dedicated to acquiring, developing and commercializing novel treatments for rare diseases, secured $125 million of senior credit facilities from funds managed by the credit group of Ares Management.

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