Loading...
Loading...
Browse all stories on DeepNewz
VisitWhich region will Ares Management's new direct lending fund allocate the most capital to by December 31, 2024?
North America • 25%
Europe • 25%
Asia-Pacific • 25%
Other • 25%
Ares Management's official investment allocation report or press release
Ares Management Closes Record $34 Billion Direct Lending Fund with $15 Billion Equity Commitments
Jul 31, 2024, 01:36 PM
Ares Management has successfully closed its latest direct lending fund, amassing a record $34 billion. This fund represents the largest raise ever in the burgeoning private credit market. The fund includes $15 billion in equity commitments, surpassing the initial target of $10 billion. This significant capital base highlights the growing appetite from limited partners (LPs) in the private credit asset class. The announcement was made on Wednesday.
View original story
Europe • 25%
Asia (excluding China) • 25%
North America • 25%
Other regions • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
UK • 25%
Germany • 25%
France • 25%
Other • 25%
Northeast • 25%
West • 25%
South • 25%
Midwest • 25%
Biotechnology • 25%
Medical Devices • 25%
Digital Health • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
Majority in Saudi Arabia • 25%
Majority in UAE • 25%
Evenly spread across GCC • 25%
Other • 25%
Energy • 25%
Real Estate • 25%
Technology • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
North America • 25%
Europe • 25%
Asia • 25%
Other • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
$100 million to $500 million • 25%
Over $1 billion • 25%
Under $100 million • 25%
$500 million to $1 billion • 25%