Direct lending growth spurs Ares's AUM above $100 billion
Yet again credit and, more specifically, direct lending is proving to be the driving force behind Ares Management’s growth

Morgan Stanley gets busy in the US CLO primary market
Morgan Stanley’s team was busy in the US CLO primary market yesterday, pricing not only the refi of a large 2015 CLO, but a third new deal of 2017 for one of the market's biggest managers

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Combo notes return as Ares prices $1.1 billion CLO
Ares Management has produced one of the largest CLOs of the year after pricing Ares XLIV CLO (or, Ares 44 CLO)

CLO investor trades out of low-coupon Ares triple As
A $30 million slice of the triple-A tranche of Ares XXVI was sold on Friday with market sources claiming that the stake sold above par with a cover of 100.05

Ares brings in leveraged finance specialist Higgins as partner in credit group
The former global head of long-only credit strategies at BlueBay Asset Management has resurfaced at Ares Management in London

Ares and KKR score five-year resets for US CLOs
Amid a burst of US CLO new issue activity, Friday saw two relatively rare five-year resets

Ares wins $1.1 billion in global direct lending SMAs in strong start to 2017
Direct lending proved to be Ares Management’s most successful strategy in fundraising terms with the firm registering $1.1 billion of inflows for European and US private debt in the first quarter

Ares hires from Barings for real estate debt business
Ares Management is fortifying its real estate debt business

Equity investors miss deadline to call 2007 euro CLO
Ares Management fails to secure equity approval to call well performing 2007 CLO

Ares prices triple-A notes at 85bp in €362.5 million CLO reset
Ares Management is understood to have priced a European CLO reset late yesterday

Ares matches tightest triple-A print of the year as it prices new CLO
Ares Management has priced an $818 million CLO, according to market sources, securing a triple-A print of 122bp over Libor

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

Los Angeles-based manager begins marketing new CLO with BNP Paribas
A Los Angeles-based CLO manager is working on its second CLO of the year, according to market sources. The $818 million deal is expected to price next week

Manager opts for different retention route as it prepares euro CLO reset
A global CLO manager is preparing a reset of a 2013 European CLO, designating a new retention holder in the process

JP Morgan completes $1.4 billion of CLOs in an afternoon
Friday afternoon was a busy one for JP Morgan’s CLO arranging team, with the bank completing $1.4 billion of business across three deals

Ares picks up distressed debt specialist
Distressed debt analyst switches US coasts to work with Ares

Deutsche Bank prices $1.2 billion in CLOs in one day
Deutsche Bank has made a big entrance into the 2017 CLO market after pricing $1.2 billion in a single day

Ares joins growing list of managers to refinance a US CLO in 2017
Ares Management has joined the growing list of managers to refinance a CLO this year, after pricing a $403.75 million deal on Friday morning.

Ares to retain vertical strip in forthcoming US CLO
Ares Management and JP Morgan have begun marketing a new US CLO, as the new issue pipeline begins to fill up

Large asset manager launches new fund to invest in CLOs
Los Angeles firm has raised $22.5 million for a new fund to invest in CLO tranches

Ares prices risk retention-compliant US CLO in $614 million deal
Ares Management has priced a new risk retention-compliant CLO, in a $614 million deal.

BNP Paribas close to to pricing retention-compliant CLO for large manager
BNP Paribas is getting close to pricing a new $614 million CLO for Ares Management, according to market sources

European CLO spreads tighten again as Ares prices €417 million deal
Ares Management has secured a record tight triple-A print for a European 2.0 CLO, after pricing a €417 million deal via Goldman Sachs.

Eagle Point lines up behind forthcoming Ares and THL CLOs
Eagle Point Credit has added several new warehouse equity investments in the past quarter, according to an earnings announcement