Ares Plans Smaller Private Credit Fund After Record Predecessor
Ares Management Corp. is planning a significantly smaller flagship US direct lending fund than its previous record-breaking vehicle of $33.6 billion to speed up deployment of capital, according to people...
By Silas Brown, Esteban Duarte · Bloomberg Markets
Ares Management Corp. is planning a significantly smaller flagship US direct lending fund than its previous record-breaking vehicle of $33.6 billion to speed up deployment of capital, according to people with knowledge of the matter.