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0.00167889016523812 0.00402050013254395 0.00159052752496251 0.00569939029778206 -0.00247415392771937 -0.00163470884510031 0.00141380224441103 0.00344614297075197
Stock impact report

Emerald Lake Capital Management Holds Final Close On New $825 Million Fund [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
Capital Partners ("the Fund"), which secured $800 million in capital commitments from unaffiliated limited partners at its revised hard cap, along with approximately $25 million from its general partner and other affiliated investors. The Fund was heavily oversubscribed and significantly exceeded its $500 million target and original $750 million hard cap. The Fund attracted a diverse mix of existing investors from Emerald Lake's prior investments, alongside new leading institutional investors across North America and Europe. Emerald Lake has now raised approximately $2 billion in committed capital since its founding in 2018. Emerald Lake is led by its founder and Managing Partner, Dan Lukas, as well as Partner Russell Hammond, and is supported by a team of 13 additional professionals. Dan previously spent a decade at Ares Management, where he was a Partner and Investment Committee member in the Ares Private Equity Group. Russ previously spent 15 years at the Ontario Teachers' Pensio Show less Read more
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