Ares Management

Ares Management Corp. is leading a $2.2 billion direct loan to finance a healthcare services acquisition, marking one of the largest deals in a private credit market affected by record redemptions this year.

Sports teams are transitioning from being seen as trophy assets to serious investment targets, with private equity deals in the sector growing significantly from 13 deals worth $1.9 billion in 2014 to 71 deals valued at $18.45 billion by 2025. Major leagues like MLB, NBA, NHL, and NFL have relaxed institutional ownership rules, enabling valuations such as the Miami Dolphins at $8 billion and the Los Angeles Lakers at $10 billion.

Ares Management is in discussions to acquire Leonard Green & Partners, which would significantly expand Ares’ private equity business. The potential deal involves two Los Angeles-based firms.

Ares Management's Ada Infrastructure has started construction on the GRU10 campus in Brazil's Franco da Rocha, involving a $516m investment by 2030, with the site designed for up to three buildings and 300 megawatts of power.

MetLife is in conflict with Ares Management over a struggling football investment. The dispute centers on financial disagreements regarding the performance of the investment. The MetLife Building in New York is associated with the company involved.

Scion Group and Ares Management are teaming up to buy $910M in student housing properties around universities with strong investment returns. Scion Group CEO Rob Bronstein aims to provide a wide range of locations and price points in the student housing market. The investment targets real estate with high tuition returns.

Ares Management reported earnings that missed estimates despite a record fundraising haul. The company's offices in Los Angeles are highlighted in the article.

Ares Management and JPMorgan have entered a $800 million private credit deal for GoodLife. The agreement involves Ares' offices in Los Angeles.

Private credit firms are addressing investor concerns about potential risks posed by AI to their software investments. Ares Management, a major player in the space, is among the companies highlighting their strategies to mitigate these risks.

Ares Management, a private equity firm based in Los Angeles, plans to launch a smaller private credit fund following the success of its predecessor fund. The firm's move comes after achieving record performance with its previous fund.