Ares Management

Ares Management‘s (NYSE:ARES) private credit challenges mounted in February, with one of its funds posting the deepest monthly loss in its history as the sector weakened. The Ares Strategic Income Fund (ASIF), which managed close to $23 billion in assets as of January, declined 0.68% last...

Ares Management (NYSE:ARES) announced it would limit withdrawals from its Ares Strategic Income Fund after facing a significant increase in redemption requests. The decision comes as the fund, which targets affluent investors, saw redemptions rise to 11.6% in the first quarter, prompting the firm...

Ares Management Corp (NYSE:ARES) is unfazed by a recent wave of market skepticism over private credit. On the alternative investment manager’s fourth-quarter earnings call Thursday, co-founder and chief executive officer Michael Arougheti said the risks related to the emerging asset class...

Ares Management Corp (NYSE:ARES) has completed its acquisition of London-based systematic fixed-income manager BlueCove Limited. The BlueCove business will operate as Ares Systematic Credit, the company said in a press release. Ares Systematic Credit is comprised of 60 professionals based in London...

OneDigital has introduced private investments into its personalized portfolio program for 401k plan sponsors, expanding its access to institutional-quality strategies through a fiduciary-led approach. The offering incorporates private equity, private credit and opportunistic investment strategies...

Ares Management Corporation said it has raised approximately $7.1 billion of capital for its Credit Secondaries strategy, inclusive of the final closing of its inaugural Ares Credit Secondaries Fund (ACS), affiliated vehicles and anticipated leverage. With approximately $4 billion in LP equity...

Last week's IPOs waited until Friday to debut: Ares Management (NYSE: ARES), Papa Murphy's (NASDAQ: FRSH), Aldeyra Therapeutics (NASDAQ: ALDX), and Scynexis (NASDAQ: SCYX). These IPOs enter a heavily mixed market as the S&P 500 swung between green and red after the employment situation...

U.S. equity offerings for the week of April 28 are still slow. This week the market expects to open three new securities for trading including the delayed IPO of Aldeyra Therapeutics (NASDAQ: ALDX). Other offerings for this week are alternative asset manager Ares Management (NYSE: ARES) and “...