ARES MANAGEMENT KICKS OFF DIRECT LENDING FUND FOR INDIVIDUALS IN EUROPE, ASIA

KUALA LUMPUR, Oct 12 (Bernama) -- Ares Management Corporation (Ares), a global alternative investment manager, has launched Ares European Strategic Income Fund (AESIF), a new open-ended direct lending fund that will provide individual investors in Europe and Asia with access to Ares’ European direct lending strategy.

According to Ares in a statement, AESIF will be the latest addition to the Ares Wealth Management Solutions (AWMS) platform and will be its first offering in the Europe and Asia regions.

“The expansion of our wealth product offering reflects Ares’ ongoing commitment to delivering enhanced investment solutions and client services to our rapidly growing base of global individual investors.

“With products spanning the real estate, private credit and private equity secondaries asset classes, we look forward to continuing to develop new offerings and remain committed to bringing Ares’ institutional quality private investment solutions to the wealth channel globally,” said its Partner and Global Head of Wealth Management, Raj Dhanda.

Leveraging the strength and scale of Ares’ leading global private credit platform and its extensive experience in Europe, AESIF has been designed to deliver a highly diversified portfolio comprised predominantly of directly originated, senior secured floating rate loans to performing businesses in Western Europe.

AESIF is intended to offer investors a core income-solution with meaningful downside protection and stable yields in a format that features lower investment minimums relative to traditional alternative investment products.

Ares launched its European direct lending strategy in 2007 gaining a first mover advantage in a nascent market. Since the launch of AWMS in 2021, Ares has remained focused on scaling its wealth platform to deliver private market access and education to financial advisors and their clients.

With a growing team of over 130 professionals located in offices throughout the United States, Europe and Asia, AWMS represents one of the most resourced wealth distribution and client service platforms in the alternatives industry.

-- BERNAMA