Ares Management Corporation

SB Energy, SoftBank Group’s U.S. Renewables Platform, Announces Strategic Equity Investment From Ares Management

Retrieved on: 
Monday, March 7, 2022
Banking, Software, Other Energy, Professional Services, Internet, Utilities, Alternative Energy, Energy, Technology, Environment, Other Professional Services, Finance, Other Technology, SB, SoftBank Group, Investment, Climate, Quality of life, Infrastructure, Robotics, Milbank, Solution, LLC, NYSE, US, Morrison & Foerster, ARES, CEO, Telecommunication, LLP, Kirkland & Ellis, Technology, AI, Morrison, Native, IOT, Carbon, Renewable energy, Power, SB Energy, SoftBank Group, Ares Management Corporation, SB Energy, SoftBank Group, Ares Management Corporation, SB ENERGY, SOFTBANK GROUP, ARES MANAGEMENT CORPORATION

SB Energy Global, LLC (SB Energy) announced today that funds managed by the Infrastructure and Power strategy of Ares Management Corporation (Ares) are leading a strategic equity investment of up to $600 million, including capital from potential co-investors, in SB Energy, SoftBank Group Corp.s (SoftBank) U.S.

Key Points: 
  • SB Energy Global, LLC (SB Energy) announced today that funds managed by the Infrastructure and Power strategy of Ares Management Corporation (Ares) are leading a strategic equity investment of up to $600 million, including capital from potential co-investors, in SB Energy, SoftBank Group Corp.s (SoftBank) U.S.
  • Michel Combes, CEO of SoftBank Group International, stated, SoftBank launched SB Energy to accelerate access to reliable, cost-effective, renewable energy.
  • We are proud to announce Ares funds investment, which launches a new chapter for SB Energy and an expansion of our collaboration with Ares that began in 2020, said SB Energy co-CEO Rich Hossfeld.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

Retrieved on: 
Wednesday, February 23, 2022
Banking, Professional Services, Finance, Income, NASDAQ, ARDC, Sale, NYSE, Oaktree Capital Management, ARES, New, Solution, Financial services, Security (finance), Ares Dynamic Credit Allocation Fund, Inc., Ares Management Corporation, ARES DYNAMIC CREDIT ALLOCATION FUND, INC., ARES MANAGEMENT CORPORATION

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of January 31, 2022 is now available via www.arespublicfunds.com .

Key Points: 
  • Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of January 31, 2022 is now available via www.arespublicfunds.com .
  • About Ares Dynamic Credit Allocation Fund, Inc.
    Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
  • ARDC invests in a broad, dynamically-managed portfolio of credit investments.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Ares Management Corporation Closes $3.8 Billion Net Lease Acquisition of Capital Automotive

Retrieved on: 
Thursday, February 17, 2022
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, NYSE, ARES, Alberta Investment Management Corporation, Global health, Solution, Chinese Estates Group, Real, Alternative Credit Investments, Ares, Kushner Real Estate Group, Sale, Partnership, Investment, Financial services, Commercial property, CARS, Ares Management Corporation, Alternative Credit, Ares Real Estate Group, ARES MANAGEMENT CORPORATION, ALTERNATIVE CREDIT, ARES REAL ESTATE GROUP

Ares Management Corporation (Ares) (NYSE: ARES) announced today that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for $3.8 billion.

Key Points: 
  • Ares Management Corporation (Ares) (NYSE: ARES) announced today that funds managed by its Alternative Credit strategy and Real Estate Group have acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for $3.8 billion.
  • This latest transaction highlights Ares increased focus on serving sponsors and companies in need of flexible net lease solutions.
  • Using the complementary strengths of the Ares Real Estate and Alternative Credit teams and a dedicated team of seasoned net lease investment professionals, Ares has accelerated its net lease activities.
  • Ares Alternative Credit targets investments across the capital structure in specialty finance, lender finance, loan portfolios, equipment leasing, structured products, net lease, cash flow streams (royalties, licensing, management fees), and other asset-focused investments.

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

Retrieved on: 
Friday, February 11, 2022
Consulting, Banking, Professional Services, Other Professional Services, Human Resources, NASDAQ, Income, NYSE, Investment Company Act of 1940, ARES, Calendar, Achievement, U.S. Securities and Exchange Commission, Solution, Security (finance), Internal Revenue Code section 355, ARDC, Sale, New, Fund, COVID-19, Internal Revenue Code, Industry, Life insurance, Ares Dynamic Credit Allocation Fund, Inc., Ares Management Corporation, ARES DYNAMIC CREDIT ALLOCATION FUND, INC., ARES MANAGEMENT CORPORATION

Ares Dynamic Credit Allocation Fund, Inc. (the Fund) (NYSE: ARDC) announced the declaration of its distribution for the month of February 2022 of $0.0975 per common share, payable as noted below.

Key Points: 
  • Ares Dynamic Credit Allocation Fund, Inc. (the Fund) (NYSE: ARDC) announced the declaration of its distribution for the month of February 2022 of $0.0975 per common share, payable as noted below.
  • About Ares Dynamic Credit Allocation Fund, Inc.
    Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
  • Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.
  • Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares.

First Generation Investors Partners with Ares Management Corporation

Retrieved on: 
Wednesday, February 9, 2022
Finance, Professional Services, University, Primary, Secondary, Education, Massachusetts Institute of Technology, Multimedia, Morehouse College, Harvard College, Solution, Student, Program, ARES, Knowledge, Volunteering, University, University of Pennsylvania, NYSE, Ares Management, Mentorship, Learning, Boston College, Ares, FGI, Curriculum, Management, Tutoring, New York University, Partnership, First Generation Investors, Ares Management Corporation, FIRST GENERATION INVESTORS, ARES MANAGEMENT CORPORATION

First Generation Investors (FGI), a 501(c)(3) non-profit organization that provides high school students in underserved communities with the knowledge and skills to thrive in the investment economy, today announced a partnership with Ares Management Corporation (Ares), a leading global alternative investment manager.

Key Points: 
  • First Generation Investors (FGI), a 501(c)(3) non-profit organization that provides high school students in underserved communities with the knowledge and skills to thrive in the investment economy, today announced a partnership with Ares Management Corporation (Ares), a leading global alternative investment manager.
  • Through this partnership, Ares will support FGI chapters at Boston College, Massachusetts Institute of Technology, Harvard College, New York University and Morehouse College.
  • Through this partnership, we look forward to providing FGI students with investment accounts and real-world funds they can use to apply their learning.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager providing clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Westmount Realty Capital Recapitalizes 6.1 Million Square-Foot Industrial Portfolio in Chicago and Milwaukee

Retrieved on: 
Wednesday, January 26, 2022
Supply Chain Management, Professional Services, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Retail, Trucking, Transport, REIT, Finance, Manufacturing, Logistics, Supply Chain Management, USD, NYSE, Industry, COO, Knowledge, SIX Swiss Exchange, National Advisory Committee on Institutional Quality and Integrity, Absorption, ARES, Twitter, Ares, Multimedia, Collection, CBRE, MSA, Growth, Partners Group, Tenant, LinkedIn, Solution, Kushner Real Estate Group, LLC, Bank, Financial services, Westmount Realty Capital, Ares Management Corporation, Partners Group, WESTMOUNT REALTY CAPITAL, ARES MANAGEMENT CORPORATION, PARTNERS GROUP

Westmount and Ares acquired the institutional-quality portfolio of logistics, bulk distribution, and last-mile industrial properties from a Partners Group Westmount joint venture.

Key Points: 
  • Westmount and Ares acquired the institutional-quality portfolio of logistics, bulk distribution, and last-mile industrial properties from a Partners Group Westmount joint venture.
  • View the full release here: https://www.businesswire.com/news/home/20220126005816/en/
    Westmount Realty Capital and Ares Management Corporation recapitalized and acquired an institutional-quality portfolio of logistics, bulk distribution, and last-mile industrial properties totaling 6.1 million square feet located in established industrial submarkets of Chicago and Milwaukee.
  • Pictured is one of the industrial properties that is a part of the 51-asset industrial portfolio.
  • (Photo: Business Wire)
    The portfolio consists of primarily infill, multi-tenant light industrial properties that provide enduring functionality and long-term leasing optionality.

Month-End Portfolio Data Now Available for Ares Dynamic Credit Allocation Fund, Inc.

Retrieved on: 
Tuesday, January 25, 2022
Banking, Other Professional Services, Professional Services, Finance, NYSE, New, ARDC, Income, ARES, Oaktree Capital Management, NASDAQ, Solution, Sale, Financial services, Security (finance), Ares Dynamic Credit Allocation Fund, Inc., Ares Management Corporation, ARES DYNAMIC CREDIT ALLOCATION FUND, INC., ARES MANAGEMENT CORPORATION

Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of December 31, 2021 is now available via www.arespublicfunds.com .

Key Points: 
  • Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of December 31, 2021 is now available via www.arespublicfunds.com .
  • About Ares Dynamic Credit Allocation Fund, Inc.
    Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
  • ARDC invests in a broad, dynamically-managed portfolio of credit investments.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Ares Dynamic Credit Allocation Fund Declares a Monthly Distribution of $0.0975 Per Share

Retrieved on: 
Tuesday, January 11, 2022
Consulting, Banking, Professional Services, Other Professional Services, Human Resources, Income, Calendar, Investment Company Act of 1940, Internal Revenue Code, Fund, Internal Revenue Code section 355, COVID-19, NYSE, Achievement, NASDAQ, New, Solution, ARDC, ARES, U.S. Securities and Exchange Commission, Industry, Sale, Security (finance), Life insurance, Ares Dynamic Credit Allocation Fund, Inc., Ares Management Corporation, ARES DYNAMIC CREDIT ALLOCATION FUND, INC., ARES MANAGEMENT CORPORATION

Ares Dynamic Credit Allocation Fund, Inc. (the Fund) (NYSE: ARDC) announced the declaration of its distribution for the month of January 2022 of $0.0975 per common share, payable as noted below.

Key Points: 
  • Ares Dynamic Credit Allocation Fund, Inc. (the Fund) (NYSE: ARDC) announced the declaration of its distribution for the month of January 2022 of $0.0975 per common share, payable as noted below.
  • About Ares Dynamic Credit Allocation Fund, Inc.
    Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation.
  • Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.
  • Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares.

Ares Management Corporation Adds New Capability in Investment Grade Private Credit

Retrieved on: 
Tuesday, January 11, 2022
Finance, Consulting, Banking, Professional Services, Other Professional Services, AllianceBernstein, TIAA, NYSE, Growth, Temple University, Bloomsburg University of Pennsylvania, Solution, Sport, ARES, Insurance, Industry, Ares, Alternative Credit Investments, Alberta Investment Management Corporation, Investment, Financial services, Economics, Ares Management Corporation, Aspida, ARES MANAGEMENT CORPORATION, ASPIDA

Ares Management Corporation (NYSE: ARES) (Ares) announced today that Jeffrey Hughes has joined the Ares Credit Group to lead the firms new effort in sourcing and managing privately placed investment grade credit investments.

Key Points: 
  • Ares Management Corporation (NYSE: ARES) (Ares) announced today that Jeffrey Hughes has joined the Ares Credit Group to lead the firms new effort in sourcing and managing privately placed investment grade credit investments.
  • He will work closely within Ares direct lending and alternative credit teams to leverage the firms considerable industry and corporate credit expertise.
  • Ares new investment grade private credit effort underscores Ares Insurance Solutions commitment to utilizing the resources and expertise across the Ares platform to originate tailored investment solutions to support the continued growth of the Aspida platform and our large insurance client base, said Raj Krishnan, Partner and Chief Investment Officer of Ares Insurance Solutions.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

Ares Management Corporation Announces Agreement to Acquire AMP’s PrivateMarketsCo Infrastructure Debt Platform

Retrieved on: 
Thursday, December 23, 2021
Professional Services, Finance, DLA Piper, U.S. Securities and Exchange Commission, US, NYSE, Private Securities Litigation Reform Act, Infrastructure debt, ARES, Industry, Acquisition, Real estate, Leadership, Solution, LLP, Morgan Stanley, Climate, Alberta Investment Management Corporation, Transport, Security (finance), Piper, AMP, Hand, Bank, Financial services, Ares Management Corporation, AMP PrivateMarketsCo, ARES MANAGEMENT CORPORATION, AMP PRIVATEMARKETSCO

Ares Management Corporation (Ares) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMPs PrivateMarketsCo Infrastructure Debt platform (Infrastructure Debt), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021.

Key Points: 
  • Ares Management Corporation (Ares) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMPs PrivateMarketsCo Infrastructure Debt platform (Infrastructure Debt), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021.
  • The Infrastructure Debt team is anticipated to expand and enhance Ares existing infrastructure strategy, which has historically focused on value-add equity and flexible capital across the power and climate infrastructure sectors.
  • As part of Ares, the Infrastructure Debt team will be positioned to benefit from the advantages of Ares scaled global platform that includes its leading private credit franchise.
  • Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.