Ares Management

Ares Management successfully priced its second European Direct Lending CLO, Ares European Direct Lending CLO II, at over €300 million, demonstrating continued investor demand for its structured credit products and strengthening its position as a leading CLO manager.

Ares Management, through its Private Equity Group, is making a strategic investment in Elara Caring. This move aligns with Ares Management's experience in growing high-performing healthcare businesses and is expected to generate consistent and attractive investment returns.

Ares Management is acquiring a portfolio of Spanish retail parks from Vukile Property Fund===Castellana Properties for EUR279 million. This acquisition expands Ares's real estate holdings in Spain and includes a five-year agreement for Castellana to provide asset and property management services.

Ares Management slumped between 13% and 24% this year due to concerns over its exposure to loans and leverage tied to software companies, which are vulnerable to AI disruption.

Ares Management's stock declined, reflecting broader worries in the private equity sector regarding credit quality and software stock exposure, following Blue Owl Capital's issues.