US03990B1017 - Common Stock
Alternative asset manager Ares Management Corp. is considering setting up shop in Milan to target lending opportunities to businesses that currently lack access to private credit.
A group of private equity firms invested $100 million in a women’s volleyball startup that’s debuting a US professional league in January.
Ares Management Corp. is exploring partnerships with other financial institutions, following its recent tie-up with Investec Bank Plc, to expand its offering in the fund finance market, according to Richard Sehayek, managing director of Ares Alternative Credit.
Eagle Football Holdings Ltd., one of the most active investors in football clubs globally, is seeking to borrow about $300 million to help repay part of a loan from Ares Management Corp. as part of a broader recapitalization plan, people with knowledge of the matter said.
Pallas Capital’s A$500 million ($330 million) private credit commercial real estate fund has been refinanced by Goldman Sachs Group Inc., the Sydney-based non-bank lender said in a statement on Monday.
Ares Management Corp. and a group of banks is funding KKR & Co.’s buyout of a minority stake in Italy’s Enilive.
While the Federal Reserve’s rate cuts may soften returns in all of floating-rate credit, the easing cycle will nonetheless be a catalyst for deals, said Kipp deVeer, head of the credit group at Ares Management Corp.
Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative asset management industry.
/PRNewswire/ -- Second Avenue Capital Partners ("SACP"), a Schottenstein affiliate, is pleased to announce the closing of a $175,000,000 Senior Secured...
Jefferies Financial Group Inc. is in early discussions with investors on a roughly $1 billion financing package to support Ares Management Corp.’s potential buyout of industrial manufacturer Form Technologies from Partners Group Holding AG, according to people with knowledge of the matter.
The biggest names in private credit have raised the most investment-grade debt ever this year, at a time when they already have record levels of cash and are fighting to stay competitive with rival banks.
/PRNewswire/ -- Schottenstein affiliates Second Avenue Capital Partners (SACP) and SB360 Capital Partners (SB360), providers of customized solutions for the...
Ares Management Corp. is in advanced talks on an acquisition of GLP Capital Partners Ltd.’s operations outside of China, according to people familiar with the matter, in what could rank as one of the biggest recent combinations in the alternative asset management industry.
Ares Management Corp. sees opportunities to grow through acquisitions in Asia, which is about 20 years behind the US in terms of market development, Chief Financial Officer Jarrod Phillips said.
Tony Ressler, co-founder of Ares Management, said even with the surge in valuations of pro sports teams around the world, investors are still undervaluing the opportunity.