Ares completes investment in pan-Asia private credit firm

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. “We are very pleased to finalize the combination of our complementary platforms,” said Wong, co-managing partner and CEO of Ares SSG. “By leveraging the power of our seasoned team, long-standing operations within the pan-Asian market and our expansive scale and capabilities, we plan to enhance our differentiated and comprehensive alternative investment offerings to meet growing investor demands.” Ares, for its part, has developed private credit franchises in North America and Europe and believes the tie-up with SSG will be highly valued by both Ares and SSG clients and prospective investors. “The integration and launch of Ares SSG expands our global leadership position in private credit and enhances our ability to provide investment capabilities to investors across a strategic and high-growth region,” said CEO and President of Ares, Michael Arougheti. “We believe the Ares SSG team’s local experience, long tenure and demonstrated track record investing through multiple economic cycles will be invaluable given current market dynamics.” Ares Management has $149 billion in AUM across its credit, private equity and real estate businesses.

Ares completes investment in pan-Asia private credit firm

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