Los Angeles-based Ares Management Corp. announced the final closing of its Ares Special Opportunities Fund at $3.5 billion of commitments relative to its $2 billion target.
The team, led by Scott Graves, invests in stressed and distressed assets and pivots opportunistically between private and public market sourced opportunities and seeks to partner with management team by embracing an ‘activist for good’ approach.
“The strong support from my private equity colleagues and the entire Ares organization has enabled us to pursue our vision for a flexible stressed/distressed strategy that we believe positions us . . .
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