Reported about 17 hours ago
Ares Management Corp. has raised a historic €30 billion ($30.7 billion) for its European direct lending fund, making it the largest fund of its kind in the region. With €17.1 billion in equity commitments and a focus on middle-market lending, the fund has already invested approximately €6.4 billion in 50 deals. This unprecedented capital pool reflects increasing investor consolidation with fund managers amid rising capital demands in the private market.
Source: YAHOO