Ares raises $5.4 billion for US and Europe real estate funds

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Ares Raises Combined $5.4 Billion for U.S. and Europe Value-Add Real Estate Strategies

April 2, 2026 6:30 AM EDT

Eleventh U.S. Value-Add Fund Closes at $3.1 Billion Hard Cap

NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (Ares), a leading global alternative investment manager, announced today that it has raised approximately $5.4 billion of aggregate capital, including equity commitments and related transaction vehicles, to invest in value-add real estate opportunities across high-conviction markets in the U.S. and Europe. This follows the final closings of Ares US Real Estate Fund XI, LP (US XI) and Ares European Property Enhancement Partners IV, SCSp (EPEP IV).

US XI closed at its... More