Ares holds first close of junior direct lending fund as it eyes 'dozens more' $1 billion-plus funds

By Michelle D'souza

Ares outlined several credit fundraising initiatives in its fourth quarter earnings call - among which were a first close of its latest junior direct lending fund, upping the target for its credit special situations fund by over $1 billion, as well as new product launches including an evergreen alternative credit fund

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TAGS: Direct lending Europe Ares Fundraising North America