Ares Closes $850 Million Single-Asset Continuation Vehicle for Convergint Led by Leonard Green & Partners
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green & Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle.Alongside the continuation vehicle, an Ares Private Equity fund has made a substantial new investment in Convergint. Ares funds will continue to hold a shared control position in the Company alongside existing co-sponsors, LGP and Harvest Partners. This investment, in addition to the c
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ARES
Earnings
- 2/5/26 - Miss
ARES
Sec Filings
- 2/25/26 - Form S-3ASR
- 2/25/26 - Form 10-K
- 2/24/26 - Form 4
- ARES's page on the SEC website