Ares Takes Home Four Private Debt Investor/Private Equity International Awards

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).

March 2, 2021 Ares Capital Corporation | Ares Credit Group | Ares Management | Ares SSG | Edwin Wong | Kipp deVeer Phil Neuffer

Ares Makes $706MM in New Investments in Q3, 94% in First Lien Senior Secured Loans

In Q3/20, Ares Capital made $706 million in new investment commitments, of which $447 million were funded, including nine new portfolio companies and 15 existing portfolio companies. Of the $706 million in new commitments made during Q3/20, 94% were in first lien senior secured loans.

October 28, 2020 Ares Capital | Kipp deVeer | Penni Roll Ellie Delany

Ares Capital Makes $867MM in New Investments During Q2/20

During Q2/20, Ares Capital made $867 million in new investment commitments, of which $741 million were funded, including five new portfolio companies and 17 existing portfolio companies. Of the new commitments, 69% were in first lien senior secured loans.

August 4, 2020 Ares Capital | Kipp deVeer | Penni Roll Phil Neuffer

J.P. Morgan Leads Amendment, Extension to Ares Capital Facility

J.P. Morgan led a syndicate of 37 bank participants in increasing and extending Ares Capital’s revolving credit facility. The facility was increased by $240 million to $3.6 billion and the final maturity date was extended to March 30, 2025.

March 31, 2020 Ares Capital | Bank of America | BMO Capital Markets | J.P. Morgan | Kipp deVeer | MUFG Bank | Penni Roll | Sumitomo Mitsui Banking | SunTrust Robinson Humphrey Phil Neuffer

Ares Management Names deVeer to Board Upon Kissick Retirement

Ares Management has appointed Kipp deVeer to its board of directors, effective immediately. Concurrently, John Kissick, now a retired co-founder of Ares, is stepping down from the board.

February 13, 2020 Ares Management | John Kissick | Kipp deVeer nadine

Ares Direct Lending Fund Closes with $3B in Total Commitments

Ares Management closed its inaugural, commingled U.S. senior direct lending fund with approximately $3 billion in total commitments, a significant oversubscription of its initial $2 billion target.

January 2, 2019 Ares Credit Group | Ares Management | Ares Senior Direct Lending Fund | Kipp deVeer | Mark Affolter Amanda Koprowski

Ares Capital Purchases SSLP Loans, Concludes GE Joint Venture

Ares Capital purchased the remaining loans of the Senior Secured Loan Fund, effectively concluding the joint venture with GE.

August 3, 2017 Ares Capital | GE | Kipp deVeer ABF Journal