JPMorgan enters private credit big leagues with USD 4bn Boeing unit financing
EXCLUSIVE: The bank takes down the third-largest piece of the giant unitranche, lending shoulder-to-shoulder with direct-lending giants

New Ares US CLO prices top of stack at SOFR plus 140bps
The triple As priced 10bps wide of the rolling two-week average for new US CLO pricings

Ares and Palmer Square print US BSL resets
The similar-vintage deals saw the senior triple As reprice in the mid-120s

Ares adds to middle market issuance with first new deal for the year
Ares Direct Lending CLO 5 priced the top of the stack at SOFR plus 138bps

Ares alum launches opportunistic credit firm backed by Millennium
The new firm will focus on opportunistic credit across public and private markets.

Ares refinances 2019 US CLO for second time
Ares Management has refinanced a 2019 vintage US BSL-backed CLO for the second time via Societe Generale

Ares slashes 101bps off AAAs in 2022-vintage reset
Ares Management has priced a USD 368m reset of Ares LXVII, with Nomura as the arranger on the reset.

Mega direct lenders break records despite sluggish fundraising cycle
The new year kicked off with Ares Management showcasing the largest ever fundraise for a European direct lending strategy, suggesting that investors are preferring to pile into the largest private credit managers

Ares adds alternative credit co-head in promotion
Ares Management has promoted Kevin Alexander to co-head of alternative credit alongside co-heads Keith Ashton and Joel Holsinger

Ares prints its 26th US BSL CLO deal of 2024
Ares has priced a CLO transaction after the manager hit a new YTD triple-A tight for new-issue BSL CLOs the previous week  

Ares hits fresh low for new-issue US BSL triple-As
Ares has set a new year-to-date tight for a new-issue US BSL CLO, with its ninth such print of the year 

Ares refinances 2017 vintage US BSL CLO
Ares, working with Natixis as the arranger, has refinanced its Ares XLV CLO, a US BSL deal from 2017

New US CLOs price from Ares, Benefit Street Partners, Fortress, BlackRock, Trinitas and Voya
Most of the triple-A spreads confirmed the tightening of the senior portion of the primary market, including prints at 129bps, 130bps and 131bps, all tighter than the benchmark just a week ago

Ares resets 2017-vintage US CLO
Ares Management has reset and upsized its Ares XLIII CLO for a second time. BNP Paribas was the arranger of both resets and of the original pricing in 2017.

CalPERS commits nearly USD 3bn to private debt investments
The California Public Employees’ Retirement System approved nearly USD 3bn in private debt commitments to external managers during the second quarter of 2024

Ares refinances much-revisited US BSL CLO from 2013
Ares XXVII CLO first priced in 2013, was reset in 2017, then was reset again in 2021. This time a refinancing is extending its timeline a little further.

Ares resets 2019 vintage CLO a second time
Ares and Morgan Stanley teamed up for a reset of a 2019 vintage US BSL CLO last week

Ares negotiates sub line lending solutions with banks
Ares Management is upping its subscription line lending activity. It has agreed a new partnership with Investec and is talks with a number of other banks

Ares sets new tight for new issue middle-market CLOs
A simple structure with two debt tranches included triple-As that priced at SOFR plus 154bps, the tightest level yet for a middle market CLO 

Ares prices USD 700m MM CLO
Ares kept it simple with a tightly priced investment grade only capital stack for its latest direct lending CLO

Ares shortens timetable on latest US CLO reset
Ares' latest reset of a previously 2Y/5Y US BSL CLO from the 2019 vintage has priced with a short-dated 1Y/3Y timetable

Ares strategy ‘links investing to purpose’ with 5-10% of profits donated to charity
Joel Holsinger at Ares Management has a proposition for investors: “We’ll make the same types of investments we’ve made historically for you, and we’ll contribute 5% to 10% of our profits to charity.”

Ares scoops up Riverside Credit Solutions for undisclosed amount
Ares Management has completed the purchase of lower middle market specialist Riverside Credit Solutions

Ares lowers 2024 tights with new middle market CLO
Ares continued its busy year with its 22nd transaction – a new middle market CLO that set a new triple-A tight for 2024

Ares is latest manager to price new US BSL AAAs at 135 bp
Ares and Scotiabank came to the primary market to print a new US BSL deal called Ares LXXIV CLO that hit the 135bps AAA level