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 Management entered into a definitive agreement to acquire 100% of Crescent Point Capital, an Asia-focused private equity firm with approximately $3.8 billion of assets under management.
Ares Management, a global alternative investment manager, and Mubadala Investment Company, a global sovereign investor, formed a joint venture to invest in global credit secondaries opportunities.
Ares Capital appointed Kort Schnabel co-president after current co-president Michael Smith stepped down. Smith will join the Ares Capital’s board of directors. Smith will also continue to serve as a member of the investment committee of Ares Capital’s investment manager.
Ares Management, a global alternative investment manager, released its first-ever TCFD Climate Action Report alongside its annual sustainability report titled Accelerating Our Impact.
Mary Beth Henson joined Ares Capital’s board of directors as an independent director. Henson served as CFO at the National Audubon Society, a nonprofit dedicated to protecting birds and their habitats, from 2013 until 2021.
Ares Management, a global alternative investment manager, completed its acquisition of AMP Capital’s infrastructure debt platform.
Ares Management and its subsidiary, Ares Holdings, entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform, an infrastructure debt investment platform with approximately $8 billion in assets under management as of Sept. 30.
Ares Management formed Ares Wealth Management Solutions, which will oversee activities across Ares’ investment offerings in the global wealth management channel. Ares named Raj Dhanda global head of wealth management and leader of the new division.