LONDON, Oct 12 (Bernama-BUSINESS WIRE) — Ares Management Corporation (NYSE:ARES) (“Ares”), a leading global alternative investment manager, announced today the launch of Ares European Strategic Income Fund (“AESIF”), a new open-ended direct lending fund that will provide individual investors in Europe and Asia with access to Ares’ European direct lending strategy.
Ares launched its European direct lending strategy in 2007 gaining a first mover advantage in a nascent market. Since this time, the European direct lending strategy has deployed more than €56 billion ($61 billion) in capital, cementing a longstanding and cycle-tested track record. Today, Ares represents the largest direct lending solutions provider to the European market with over €55 billion ($60 billion) of assets under management dedicated to the strategy and more than 85 investment professionals across six originating offices in London, Frankfurt, Paris, Stockholm, Amsterdam and Madrid, as of June 30, 2023.