Ares
Americannoun
noun
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Example Sentences
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After the 2008-09 financial crisis, he began recommending private credit just as banks were pulling back from lending to riskier companies, giving Blackstone, Ares and others the opportunity to make high-interest-rate loans.
While Blackstone doesn’t have as much direct lending exposure as peers Ares and Blue Owl, the alternative asset manager has enough private-credit exposure to be affected for the next several years, Warren says.
The new pool marks the second continuation vehicle that Ares’s credit secondary team has formed with Antares in the past 12 months.
Ares said in a filing that it adheres to the independent Global Industry Classification Standard, while others use different methods.
Apollo Global Management and Ares Management limited redemptions at some private-credit funds.
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