Ares Bundles €3 Billion of Private Credit for Secondaries Sale

Ares Management Corp. is preparing to sell €3 billion ($3.4 billion) of bundled stakes in a flagship European direct-lending fund, one of the largest credit-secondaries deals ever.

By Silas Brown and Kat Hidalgo · Bloomberg Markets

Ares Management Corp. is preparing to sell €3 billion ($3.4 billion) of bundled stakes in a flagship European direct-lending fund, one of the largest credit-secondaries deals ever.