Ares Management's chief is reportedly focused on private equity as the firm's next strategic target. This move suggests a significant expansion of Ares' footprint in the private equity sector.
A potential deal involving two Los Angeles-based groups could dramatically increase the scale of Ares' private equity operations. This indicates an aggressive growth strategy for the firm in this area.
In related news, Ares has recently demonstrated its fundraising capabilities, raising $8.5 billion for its newest fund despite challenges in private markets and securing an €11 billion private debt fund amidst a rush in alternative lending.
