Ares closes USD 34bn senior direct lending fund
Ares has closed what could be the largest direct lending fund ever with nearly USD 34bn raised, including USD 15.3bn in equity commitments

Ares receives another USD 100m for its third direct lending fund
Ares Management continues to inch towards its goal of raising USD 10bn for its third senior direct lending fund with a recent commitment from a pension fund.

Ares launches third vintage of senior direct lending fund
Ares Management recently filed regulatory documents with the US Securities and Exchange Commission for the Ares Sr Direct Lending III Access Parallel

APAC investors target private credit opportunities in Australia after quitting China
While Asia continues to play catch-up in global private credit, Australia and New Zealand are leading the charge in Asia Pacific — for both lenders and borrowers.

Alternative asset managers increasingly tapping wealth channel for private credit fundraising
Wealthy individual investors have become increasingly appealing to alternative asset managers looking to raise money for private credit funds as asset managers look to broaden fundraising beyond institutional investors

Ares raises AUD 2.6bn for private credit fund focused on Australia and New Zealand
New fund marks the first strategy launched by Ares Asia and the largest pool of capital dedicated to the fast-growing Australian and New Zealand private credit markets.

Ares raises USD 22.4bn for US direct lending in 2023
Ares Management continues to see increased appetite for direct lending. The alternative asset manager's private credit team raised roughly USD 10.1bn in US direct lending commitments in Q4 of 2023

Ares latest commitment for third direct lending fund comes from Los Angeles pension system
Ares Management continues to grow its Ares Senior Direct Lending Fund III with a new commitment from the Los Angeles Fire & Police Pensions

Ares hires new co-head of European alternative credit
Ares Management has hired Stefano Questa as partner and co-head of Europe alternative credit, as the alternative investment giant continues to build out its global private credit business

Ares secures another USD 50m for direct lending fund
The Ares Senior Direct Lending Fund III, which had its first close in July, is expected to be larger than previous vintages

Ares raises USD 6.6bn for asset-based credit fund
Ares Management Corporation revealed the final close of its asset-based private credit fund Ares Pathfinder Fund II, reaching its hard cap at USD 6.6bn in commitments

Ares launches direct lending fund targeting retail investors in Europe and Asia
The new Ares European Strategic Income Fund is part of a growing string of credit options catered to wealthy individuals

Kansas City Police Retirement System focuses on private credit
Ares has been hired by the organization to manage some of its private credit portfolio as it increases allocations to the strategy 

Ares scores $200 million for third senior direct lending fund
The Los Angeles-based alternative asset manager received a commitment from a Phoenix-based pension plan

Ares second Pathfinder credit fund nears $5 billion target
Ares raised an additional $1.8 billion in 2Q23 for asset-backed fund

Kern County allocates $90 million for credit funds
Kern County commits up to $90 million to two private credit funds and a special opportunities fund 

LP round up: HPS wins $550m mandate as Ares launches third US direct lending fund
US institutional investors allocated nearly $3 billion to credit funds in April. The news comes amid a BlackRock survey in the month which showed significant investor interest in private credit

Ares targets high-net worth investors as it raises $1.5bn for non-traded BDC
Ares Management has raised $1.5 billion for a non-traded business development company known as Ares Strategic Income Fund

Virginia pension discloses $800 million in credit allocations
Virginia Retirement System has disclosed $800 million in credit fund allocations made over the first quarter of this year

Ares targets $5 billion for second credit 'Pathfinder' strategy
Ares says it is finding relative value in FinCo loans, rescue financing, asset portfolios and residential mortgages and is monitoring opportunities in CLO tranches

Ares and Mubadala establish $1 billion global credit secondaries JV
The pair aim to capitalise on the 'anticipated growth and substantial demand’ from managers and investors for customised liquidity solutions

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

Ares senior official joins Vista to lead direct lending
Vista Credit Partners has appointed an experienced Ares official to lead its direct lending efforts

Calpers allocates $2.75 billion to two credit managers
US pension heavyweight California Public Employees Retirement System earmarked $3 billion to credit funds in the third quarter of 2022, according to recent board materials 

Former Ares partner resurfaces at US multi-strategy asset manager
An experienced credit portfolio manager who worked at Ares and BlueBay has returned to the credit industry