Ares CEO Calls AI, Private Credit Fears ‘Odd’ and ‘Frustrating’
Ares Management Corp. Chief Executive Officer Michael Arougheti downplayed the idea of trouble in the private credit market and fears of AI disruption, two factors that hammered shares of alternative...
By Laura Benitez · Bloomberg Markets
Ares Management Corp. Chief Executive Officer Michael Arougheti downplayed the idea of trouble in the private credit market and fears of AI disruption, two factors that hammered shares of alternative asset managers recently.