Twitter LinkedIn
    Sunday, October 1
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Funds»Ares Launches Private Markets Fund Focused on Investing in Private Equity through Secondary Market Transactions
    Funds

    Ares Launches Private Markets Fund Focused on Investing in Private Equity through Secondary Market Transactions

    April 6, 2022Updated:April 6, 20222 Mins Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Ares Management Corporation, a leading global alternative investment manager, announced today the launch of Ares Private Markets Fund, a new registered, continuously offered, non-traded, closed-end fund that intends to invest in an actively managed portfolio of private equity and other private assets principally through secondary market fund investments, and, to a lesser degree, primary fund investments and direct co-investments. The Fund has been launched with more than $250 million in initial capital, including investments from two significant institutional investors as well as a $75 million investment directly from Ares.

    Leveraging the strength of the global Ares platform and the depth of Ares’ Secondary Solutions Group, the Fund intends to invest in a diversified portfolio of private equity fund stakes backed by leading private equity sponsors in both the U.S. and Europe. Through Landmark Partners, Ares’ Secondary Solutions Group has a 30-year track record and is one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. Ares’ Secondaries Solutions has more than 75 dedicated investment and research professionals and over $22 billion in assets under management, as of December 31, 2021.

    The Fund will be distributed through Ares Wealth Management Solutions (“AWMS”) and will be available through registered investment advisors and financial advisors across the U.S.

    Read more: Business Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Vista Equity Partners Invests in Schoox

    June 29, 2021

    Reckitt Benckiser to sell baby formula unit in $2.2bn deal

    June 5, 2021

    Recent Rule Changes Spark New Wave of Private Equity Ownership in Pro Sports

    November 29, 2022

    Transact pulls out of race to buy Nucleus

    January 5, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?