Ares and MSEV deals mark 20th US reset in past two weeks
Ares and Morgan Stanley Eaton Vance both priced resets of BSL CLOs on Tuesday, meaning some 20 such transactions have been issued in the US market over the past fortnight as investor appetites remain healthy

Ares prices sixth CLO reset of 2025
Monday's USD 651m deal saw its triple As print slightly inside the rolling two-week average for the market

Citi hires head of private credit originations in North America 
The new hire joins from Ares Management and will start in October

Ares diversifies away from institutional, commingled private funds
During the second quarter, 55% of capital came from the institutional channel and just 30% of this was for its traditional funds

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

Canadian giant PSP to deploy CAD 6bn to IG private credit
EXCLUSIVE: The allocation will focus on investment grade opportunities across infrastructure, asset-backed and structured debt financing

Ares and Apollo price US resets at 131
The two leading managers both priced US resets on Wednesday, together valued at almost USD 1.2bn

US pensions increasingly eye European private credit amid expanding allocations, diversification pressures
US public pensions have committed at least USD 4.4bn to European private credit strategies since July 2024  

The M&A market is normalising – Ares’ Matt Theodorakis
PODCAST: “People are looking to do deals going forward” after taking a pause following ‘Liberation Day’, Theodorakis told Lisa Lee, managing editor at Creditflux, on the latest Credit Exchange podcast

Ares issues new half-billion-dollar BSL-backed CLO
The top of the stack printed at SOFR plus 132bps, while a senior tranche of triple Bs priced at SOFR plus 285bps

Clearlake seals largest new direct lending deal for Dun & Bradstreet
Ares leads deal, taking USD 1.5bn; Morgan Stanley, Clearlake Capital Markets, Golub and Blue Owl also helped arrange the largest new unitranche ever

Clearlake, direct lenders plan to ink USD 5bn private credit loan for Dun & Bradstreet
EXCLUSIVE: A group of direct lenders led by Ares are wrapping up a USD 5bn term loan and USD 500m revolver, prepping to sign commitment documents within hours

Clearlake abandons bank-led option for a private credit loan to replace Dun & Bradstreet financing
EXCLUSIVE: The private equity firm is going with the Ares-led private credit loan rather than tapping banks to raise debt in the capital markets 

Clearlake set to seal private credit loan to replace risky Dun & Bradstreet financing
EXCLUSIVE: Ares leads USD 5bn unitranche loan with JPMorgan among expected lenders that will replace original 364-day financing

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