Ares Management related stories
All articles and analysis
Ares acquires $2.6bn of CLO contractsThe Los Angeles-based credit manager has bolstered its CLO franchise through the purchase of a managing interest in Crestline Denali Capital.
Waiting for the explosion: The dangerous game of covenant-liteFewer covenants can provide greater flexibility in dealing with portfolio company difficulties, but they may also prevent lenders from negotiating rescue plans with borrowers and sponsors. Andy Thomson and Andrew Hedlund investigate
Larger firms snap up Asia-based special situations GPsSSG is the latest addition to the special situations managers that larger Western firms want to acquire to leverage on established local businesses in Asia.
How SSG closes the gap for Ares in AsiaThe purchase of the Asian lender jump-starts Ares Management’s operations in the region, where many of its peers already have devoted resources.
Ares acquires SSG as ‘platform for expansion’ in AsiaThe purchase comes as other US-based managers have launched Asia-focused funds, including those that have been in the region for some time.
Three of the biggest developments in the 2019 PDI 50 rankingIn our annual list of the top fundraisers, the top 10 has barely changed, and the top firms continue to pull further away from the pack.
Ares hits top spot: Inside the PDI 50There is change throughout the ranking, including at the top, as private debt's biggest fundraisers rake in unprecedented amounts of capital.
In the desert, you’ll find private debt’s biggest fansAn early adopter, Arizona State Retirement System has become a giant of the asset class. Andrew Hedlund visits its Phoenix offices to find out how its portfolio has been shaped and what the future holds
Six trends driving Europe’s private credit marketsAlmost 30% of private debt capital raised in 2018 was for funds with a sole focus on Europe. How has the continent held up so well as fundraising has declined globally?
Europe overcomes its leverage stigmaA willingness among funds to offer leveraged options is enticing more investors from the other side of the Atlantic.