Ares Raises $4.2 Billion for Inaugural Global Structured Solutions Strategy
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $4.2 billion of capital for its inaugural Ares Global Structured Solutions Fund (“AGSS” or the “Fund”) and affiliated vehicles. The Fund significantly exceeded its $1 billion target.Through AGSS, the Ares Private Equity Secondaries team aims to partner with managers seeking flexible capital to support a range of strategic