Ares Management Secures €30B for European Lending Drive
Funding | Jan 14, 2025 | Ares Private Equity Group
Ares Management Corporation has successfully raised €30 billion to bolster its European Direct Lending Strategy. This substantial fund aims to support medium and large companies across Europe, providing vital financing solutions amid an evolving economic landscape, particularly as traditional lenders face challenges in fulfilling capital needs. As Europe's corporate sectors navigate through uncertain times marked by a pandemic recovery and geopolitical tensions, Ares Management's infusion is expected to play a pivotal role in fostering growth and stability. The aggressive fundraising effort signifies Ares Management's commitment to strengthening its foothold in the European market, aligning with its strategic objective of expanding its private debt portfolio.
Sectors
- Private Equity
- Finance
Geography
- Europe – Ares Management's fundraising is primarily targeted at lending in the European market, affecting European corporate sectors.
Industry
- Private Equity – The article focuses on Ares Management's activities, which are characteristic of private equity fundraising and investment strategies.
- Finance – The fundraising effort for European Direct Lending is a significant financial maneuver that impacts the wider financial sector.
Financials
- €30 billion – Funds raised by Ares Management for its European Direct Lending Strategy
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ares Management Corporation | PE Firm | Company | A global alternative asset manager and investment adviser actively raising and deploying capital in various sectors. |