Ares Management Corp. is ramping up its bet on the AI boom, spending $700 million to build a sprawling data-center complex and buy fully-leased properties in Virginia.

Ares Management Corp. is ramping up its bet on the AI boom, spending $700 million to build a sprawling data-center complex and buy fully-leased properties in Virginia.

Ares Management Corp. has provided a private credit package to back BC Partners’ purchase of Italian firm Fortidia, according to people with knowledge of the matter.

Ares Management is providing a $100 million facility to Dubai-based multifamily office Patrimium, as global finance firms step up their pursuit of private credit opportunities in the Gulf region.

Ares Management Corp. has resisted partnering with other money managers to reach everyday investors, including through the 401(k) market, even as others team up with more traditional firms to invest for the masses.

Ares Management Corp. made its first private equity investment in Australia with the acquisition of a majority stake in Redback Boots Co Pty.

General Atlantic Service Company LP has secured a private credit loan from Ares Management Corp. and Nomura Holdings Inc. to finance its acquisition of a stake in Australian chicken chain El Jannah, according to people familiar with the matter.

Three Wall Street heavyweights are poised to suffer a total loss on a deal for a portable-toilet company orchestrated by Platinum Equity, spotlighting the hazards of a controversial strategy that’s gained traction across private equity.

Altice USA Inc. filed an antitrust lawsuit against some of its largest creditors Tuesday, an opening salvo ahead of potential discussions to restructure its $26 billion debt pile.

Ares Management Corp. and Regions Bank led $800 million of private credit loans as part of a $1.1 billion refinancing for Palladium Equity Partners-backed Quirch Foods, according to people with knowledge of the matter.