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 . . .
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