Ares Management Corp. is leading a syndicate that’s providing capital to Finint Infrastrutture, one of two firms that acquired the owner of Venice’s Marco Polo Airport.
A group of private credit lenders led by Ares Management Corp. upsized their loan to a health-care software platform being acquired by Veritas Capital, leveraging a powerful clause that ensures the firm’s existing debt stays in place while the company changes hands.
Ares Management Corp. collected $7.1 billion for its debut private credit secondaries strategy and expects the market for secondhand credit stakes to continue its rapid growth this year.
The Ares Management Corporation logo arranged on a smartphone screen. Photographer: SOPA Images/Getty Images
Coutts & Co. is weighing plans to give its wealthy clients access to funds run by some of the world’s largest alternative asset managers as it seeks to cash in on demand for private assets.
Ares Management Corp. has hired former CapitaLand Investment executive, Gabriel Fong, as partner for Asia credit, focusing on special situations, according to people familiar with the matter.
The Ares Management Corporation logo arranged on a smartphone screen.
Macquarie Asset Management committed to putting a further £245 million ($330 million) of equity into Southern Water Ltd. as part of a plan to strengthen the finances of the UK utility.
A van outside the Kingston wastewater treatment, operated by Southern Water Services Ltd., in Kingston, UK, on Thursday, April 18, 2024. In March, Southern Water Services Ltd. raised its expected expenditure by 8.5% and said it now sees average annual customer bills at £727 by 2030, compared with an October projection of £681.
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.
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.
BRAZIL - 2020/10/18: In this photo illustration the Altice USA logo seen displayed on a smartphone. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)
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.