Ares Management Corporation has completed its purchase of a controlling interest in leading Asian alternative asset management firm SSG Capital Holdings Limited and its operating subsidiaries.
The deal brings in more than $6 billion of AUM in pan-Asian investment strategies to the Ares fold. SSG has more than 70 professionals and is focused on providing its global investor base with highly differentiated alternative investment strategies across Asia specifically in lending and distressed activities.
Operating under the Ares SSG brand, Edwin Wong, Shyam Maheshwari, Andreas Vourlournis and Peter Cairns will join the Ares Management Committee . . .
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