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 

Ares prices 20th CLO of 2024 with BSL reset
Ares priced a 2022-vintage US BSL CLO reset last week via Barclays, marking the manager’s 20th transaction of the year.

Ares resets 2022 vintage CLO knocking 56bps off triple-A spread
A reset of the US BSL CLO Ares Loan Funding III saw the senior tranche priced at SOFR plus 127bps

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

Third time’s a charm as Ivy Hill resets CLO with chunky equity infusion
Ares has reset and upsized a middle market CLO, marking the third time the deal was reworked since debuting in 2013

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 resets 2016 vintage BSL CLO for second time
Ares Management last week priced a USD 504.65m reset of Ares XXXIX CLO, a 2016 vintage US BSL CLO.

Ares prices third CLO this month
Ares’ priced its third deal of the month on Friday – a US BSL new issue CLO that reflected the market’s steady move tighter.

Ares reissue gets a refi
Another (arguably) 2013 vintage CLO came back to the market on Friday in a refinancing of a 2018 reissue

Ares refinances 2019 vintage CLO
Ares CLO Management on Friday refinanced Ares LIV CLO, a 2019 vintage US BSL CLO

Ares prices its first BDC CLO
Ares Capital Corp on Friday priced the inaugural CLO for its business development company via BNP Paribas

New Ares CLO keeps pricing tight
The fourth Ares CLO of 2024, a new issue US transaction valued at USD 406m, priced this week, with the senior triple-As at 150bps over SOFR

Ares prices second half-billion dollar CLO of 2024
Ares Management on Tuesday priced Ares LXXI CLO, the second new issue deal of the year from Ares to top a half-billion dollars in size

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

Ares resets half-billion dollar 2021 vintage CLO
Ares Management reset Ares LXI CLO today, a 2021 vintage US BSL deal arranged by Nomura

Ares chooses partial refi for giant 2015 vintage US BSL CLO
Ares has issued a partial refi of Ares XXXIV CLO, refinancing the triple A tranche of the 2015 vintage deal

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

Private credit CLO AAAs hit 190 as Ares prices new Ivy Hill deal
Ares Capital, via Ivy Hill Asset Management, added weight to middle market CLO issuance last week with a new USD 450.8m deal