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Ares grows credit 34% with direct lending boost, but high yield takes rough ride in Q4
6 years ago
Ares Management Corporation reported strong returns for its European direct lending strategies in the fourth quarter of 2018. But the firm's overall revenues slumped and its US loan funds and high yield strategies were hit by the volatile credit market -
Ares ups its target for US senior direct lending growth to $4.7 billion
6 years ago
Following $5 billion of inflows into global direct lending in the third quarter, Ares has upped the target for its US direct lending strategy -
Private credit specialist rejoins Ares in Los Angeles
6 years ago
Ares Capital Management has appointed managing director Michael Zugay to its private credit team in Los Angeles -
Ares brings in credit portfolio managers from DoubleLine and Pimco
6 years ago
Ares Management has bolstered its liquid credit team with the appointment of Jason Duko and Kapil Singh, who join as partners and portfolio managers -
Ares leads the way as US tax reform prompts corporate structure rethink
7 years ago
Ares Management has announced its conversion from a partnership tax structure to a corporation or C-Corp – and it’s likely other managers will follow suit now that US taxation law changes – the most comprehensive tax reform in more than three decades – have taken effect -
Partner leaves Ares's credit group after almost 20 years at the firm
7 years ago
A former fund and CLO portfolio manager, who had spent the last couple of years working in a business development role, has left Ares's Los Angeles offices -
US managers win South Korean investment
7 years ago
Ares, Audax and KKR are among the cluster of fund managers that have put their hearts and minds into marketing credit funds in Seoul – with great success -
Ares brings in leveraged finance specialist Higgins as partner in credit group
8 years ago
The former global head of long-only credit strategies at BlueBay Asset Management has resurfaced at Ares Management in London -
High profile credit specialists' new firm poaches Ares official
8 years ago
One of the biggest US credit manager launches this year is gathering momentum with sources indicating that the start up has hired from Ares Management -
Ares hires business development specialist from Alcentra in London
8 years ago
Ares Management has added to its business development capabilities in Europe, according to well placed sources. -
Ares hires senior Carlyle official for big role in London, reports Reuters
8 years ago
Reuters reports that Ares Management has hired Boris Okuliar, who joins the firm as a partner in London -
Navistar announces refinancing of 2017 term loan
10 years ago
Automotive manufacturing company Navistar has announced the refinancing of its 2017 term loan, with a new $1.04 billion facility, maturing in 2020 -
Ares poaches KKR’s credit chief financial officer
10 years ago
Former chief financial officer with KKR's credit business to join Ares
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