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Stock impact report

Ares Management Corporation Highlights First Quarter U.S. Direct Lending Commitments

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: Business Wire
Approximately $3.6 Billion in New U.S. Direct Lending Commitments Closed in the First Quarter NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE:ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. During the first quarter, the Credit Group closed approximately $3.6 billion in commitments across 45 transactions. Below is a description of selected transactions that funds managed by the Ares Credit Group (collectively “Ares”) closed during the first quarter. Alera Group / Genstar Capital Ares served as administrative agent and lead arranger for a senior secured credit facility to support the company’s organic and inorganic growth strategy. Sponsored by Genstar Capital, Alera Group is an independent national insurance and financial services firm helping clients achieve exceptional outcomes in employee benefits Show less Read more
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