Check out your Company Bowl for anonymous work chats.
In January, Ares employees—including Co-Founder Tony Ressler—participated in AltFinance's 2023 Atlanta Workshop, taking part in panel discussions and networking with this year’s cohort of AltFinance fellows. Now in its second year, the program—co-sponsored by Ares, Apollo and Oaktree—aims to create transformational impact in the HBCU community through partnerships with nonprofit organizations and academic institutions.
Ares would like to thank all who joined for our Investor Day 2021. Our team is deeply proud of our accomplishments and is excited about the significant opportunities ahead. View the full presentation on the Investor Resources section of our website: https://lnkd.in/db6h5Mky
Ares' Bill Benjamin, Partner, Head of the Real Estate Group, joined Institutional Real Estate, Inc. to discuss Ares’ recent acquisition of Black Creek Group and market trends. You can listen here: https://lnkd.in/gnkX6_YV
Ares is pleased to announce that funds managed by our European Direct Lending strategy are serving as the sole lenders of £1 billion of available debt facilities to RSK Group, the U.K.’s largest privately-owned multi-disciplinary environmental business. This transaction marks the largest private credit-backed sustainability linked financing to date. We are excited to continue to grow our longstanding relationship with RSK through this significant financing that is a first for both of our businesses and further connects us to a shared sustainability commitment. Read more: https://lnkd.in/dB_cTwdS
Ares’ employee resource group DREAM (Disability Resources Around Me) and Mindr recently collaborated on the In/Visible Disability Corporate Roundtable. A dynamic group of panelists spanning NASCAR, Hollywood, nonprofits and corporate industries joined more than 800 Ares colleagues for an engaging discussion. Together, we explored strategies for building a strong infrastructure of support for team members with visible and invisible disabilities and the importance of leading with vulnerability, authenticity and empathy.
On July 29, Ares detailed its results for Q2 2021. The presentation can be viewed at the Ares website on the Investor Resources section of our home page under Events and Presentations and here: https://lnkd.in/dp_k3cHw
Funds managed by the Real Estate Group of Ares Management contributed financing to Alloy Development for the first phase of the Alloy Block (formerly known as 80 Flatbush). Construction is expected to begin in the coming weeks on New York City’s first all-electric residential tower, along with the city’s first two public schools designed to meet Passive House compliance, the highest standards of energy efficiency and indoor air quality. “This investment represents a unique opportunity to support the construction of a Class A residential tower in a thriving neighborhood, while creating New York City’s first Passive House-compliant public schools and new residential units under the Affordable New York housing program. This project underscores Ares’ commitment to corporate sustainability by investing in public-private partnership opportunities that generate positive environmental and social impact. We are excited to be part of this great project as we work to realize the important benefits for all stakeholders involved.” - said Andrew Holm, Partner in the Ares Real Estate Group.
Ares Management Corporation is pleased to share that Ares SSG has closed its third Secured Lending Opportunities Fund III at more than $1.6 billion, which Ares believes is the largest pan-Asian secured lending fund to date. The close of SLO III marks the establishment of Ares SSG’s eighth fund and has attracted a top-tier, diverse set of international institutional investors, including sovereign wealth funds, pension funds and insurance companies. The final fund size represents an approximately 100% increase compared to the predecessor fund, Secured Lending Opportunities Fund II, which closed in 2017 at approximately $800 million. Read more: https://lnkd.in/djxANz9
“As a pure-play technology and solutions integrator, KPI is well positioned to serve the requirements of the fast-growing warehouse automation space. This combination will provide KPI with significant scale and expanded capabilities to better serve its customers and drive the next phase of the Company’s growth, both organically and through strategic acquisitions. We are excited to have the opportunity to partner with Larry, Jim, Kevin, as well as the other members of the management team. We believe this combination brings together a group of uniquely talented and motivated leaders.” – Brian Klos, Partner in Ares’ Private Equity Group.
“Ares is pleased to support McLaren Group’s efforts to strengthen its capital structure and enhance its financial flexibility. We believe that with McLaren’s strong technology, brand and executive leadership, the company is well-positioned for its next phase of growth in its core Automotive business.” – Scott Graves, Partner, Co-Head of Private Equity Group and Head of Special Opportunities at Ares Management Corporation. Read more: https://lnkd.in/dzQrgvj
