Ares Management (ARES) Announces U.S. Direct Lending Origination Activity

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Ares Management Corporation Announces U.S. Direct Lending Origination Activity

October 31, 2023 6:30 AM EDT

Approximately $6.1 Billion in New Commitments Closed in the Third Quarter and Approximately $20.6 Billion closed in the Last Twelve Months Ended September 30, 2023

NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation announced today that funds managed by its Credit Group (collectively Ares) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023. Below is a description of selected transactions that Ares closed during the third quarter.

Absolute Software / Crosspoint Capital

Ares served as... More