Ares raises $3 billion special situations fund ahead of huge European direct lending launch

By Michelle D'souza

Thursday, May 07, 2020

Ares Management has witnessed “accelerated fundraising” for its special situations fund, which it has closed at around $3 billion, according to the firm’s earnings calls. The firm also launched its fifth European direct lending fund this week, which Ares expects could be “the largest private comingled fund in its history”

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TAGS: Direct lending High yield bonds Ares Distressed debt Leveraged loans Fundraising Performance North America

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