Ares closes largest U.S. real estate equity fundraise to date
Ares Management collected $1.7 billion in investor commitments for its distressed-focused U.S. real estate fund, making it the firm’s largest U.S. real estate equity fundraise to date and a significant increase from the $1 billion in commitments raised for its predecessor fund and related vehicles.
Ares U.S. Real Estate Opportunity Fund III is an opportunistic real estate strategy that draws on the investment team’s experience investing across market cycles and sectors. So far the fund has already made nine investments to date in order to capitalize on what Ares sees . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.
