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Stock impact report

Ares Management Announces First Quarter 2024 U.S. Direct Lending Origination Activity [Yahoo! Finance]

Ares Management Corporation Class A (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
Company Research Source: Yahoo! Finance
NEW YORK, NY / ACCESSWIRE / May 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $9.3 billion in U.S. direct lending commitments across 71 transactions during the first quarter of 2024 and approximately $29.6 billion in direct lending commitments across 253 transactions in the 12 months ended March 31, 2024. Below is a description of selected transactions that Ares closed during the first quarter of 2024. Aptean / TA Associates, Insight Partners and Charlesbank Ares served as a lender for a senior secured credit facility to support the sponsors' continued growth plans for Aptean. Aptean is a leading global provider of mission critical, vertical-market focused enterprise resource planning software primarily to small and medium sized businesses. The Ardonagh Group / Madison Dearborn Partners and HPS Investment Partners Ares served as the administrative agent and lead arranger for Show less Read more
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