Ares European Strategic Income Fund Exceeds €2.2 Billion in Assets Under Management in First Year
February 03 2025 - 4:00AM
Business Wire
Open-Ended Fund Gives Individual Investors in
Europe and Asia Access to Ares’ Leading European Direct Lending
Strategy
Ares Management Corporation (NYSE: ARES) (“Ares”), a leading
global alternative investment manager, announced today that its
Ares European Strategic Income Fund (“AESIF”), an open-ended direct
lending fund providing individual investors in Europe and Asia with
access to Ares’ European direct lending strategy, exceeded €2.2
billion in total assets in its first full year, supported by
capital raised primarily through the wealth channel. AESIF, first
available to individual investors in 2024, is the inaugural
offering in the Europe and Asia regions through the Ares Wealth
Management Solutions (“AWMS”) platform.
AESIF is designed to deliver a diversified portfolio largely
comprising directly originated, senior secured floating rate loans
to businesses in Western Europe. As of December 31, 2024, AESIF has
been invested in over 230 portfolio companies across a range of
sectors. AESIF is intended to offer individual investors a core
income solution with downside protection and stable yields in a
format that features lower investment minimums relative to
traditional alternative investment products.
“We are proud to see significant interest from the wealth
channel in our European Direct Lending strategy, which we have
delivered to institutional investors since 2007,” said Daniel
Sinclair, Partner in European Direct Lending, and Andrea Fernandez,
Head of Product Management and Investor Relations for European
Credit and Corporate Secondaries at Ares. “AESIF enables individual
investors to benefit from the strength of the Ares European
platform, including our scale, local origination network, execution
experience and portfolio management capabilities as we seek to
deliver attractive risk-adjusted returns. As European private
credit continues to gain greater visibility and penetration, we
believe we are well-positioned to build on our track record of
disciplined capital deployment in quality investments to support
borrowers’ long-term objectives.”
“This milestone is a testament to the strong demand we have seen
as individual investors across Europe and Asia seek to increase
their exposure to alternative investment strategies,” said Mark
Serocold, Partner and EMEA Head of Wealth Management Solutions. “By
providing these investors access to Ares’ European direct lending
strategy, AESIF can provide a source of durable income, compelling
yield generation potential, and flexibility in a semi-liquid
format. We look forward to further expanding our private markets
offering for individual investors in EMEA and appreciate the
continued support of our global Wealth Management Solutions team
and distribution partners.”
Since the launch of AWMS in 2021, Ares has remained focused on
scaling its wealth platform to deliver private markets access and
education to financial advisors and their clients. With a growing
team of approximately 150 professionals located in offices
throughout the U.S., Europe and Asia, AWMS represents one of the
most resourced wealth distribution and client service platforms in
the alternatives industry today.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit, real
estate, private equity and infrastructure asset classes. We seek to
provide flexible capital to support businesses and create value for
our stakeholders and within our communities. By collaborating
across our investment groups, we aim to generate consistent and
attractive investment returns throughout market cycles. As of
September 30, 2024, Ares Management Corporation's global platform
had approximately $464 billion of assets under management with
operations across North America, Europe, Asia Pacific and the
Middle East. For more information, please visit
www.aresmgmt.com.
About Ares Wealth Management Solutions
As a global brand of Ares Management Corporation, Ares Wealth
Management Solutions oversees the product development,
distribution, marketing and client management activities of
investment offerings for the global wealth management channel.
AWMS’ mission is to provide advisors and their clients access to
innovative, solutions-oriented investment opportunities across
Ares’ platform of industry leading primary and secondary strategies
across the credit, private equity, real estate and infrastructure
asset classes. Through its range of institutional and retail
structures, coupled with excellent client service and educational
resources, AWMS helps investors diversify their portfolios with
private market solutions that seek to deliver consistent, long-term
growth. For more information, please visit www.areswms.com.
Disclaimers
Interests in AESIF have not been, and will not be, registered
under the United States Securities Act of 1933, as amended (the
“Securities Act”), or the applicable securities laws of any United
States state or any non-United States jurisdiction. The interest in
the AESIF may not be offered, sold or delivered directly or
indirectly in the United States or to or for the account or benefit
of any “U.S. Person” except pursuant to an exemption from, or in a
transaction not subject to, the registration requirements of the
U.S. Securities Act and any applicable state laws. As such, any
“U.S. Person” may not receive and should not act or rely on this
Press Release or any other materials related to AESIF.
The information contained in this Press Release is being made
available solely for information purposes. This is not an offering
of securities for sale in any jurisdiction. Any indication of
interest from prospective investors involves no obligation or
commitment of any kind. Any potential investors are urged to
carefully read the applicable Prospectus and other materials in
their entirety before making any investment decisions.
Any potential investors should conduct their own investigations
and analysis of Ares, AESIF and the information set forth in the
applicable Prospectus and other materials. Nothing in this Press
Release or the other applicable materials should be construed as a
recommendation to invest in any securities or as legal, accounting
or tax advice. Before making any decision to invest in AESIF,
potential investors should carefully review information relating to
Ares and AESIF and consult with their own legal, accounting, tax
and other advisors when considering the merits of any
investment.
There can be no assurance that AESIF will meet its investment
objectives or otherwise be able to successfully carry out its
investment program. There can be no assurance that an investor will
receive a return on its capital, and therefore, an investor should
only invest in AESIF if such investor is able to withstand a total
loss of its investment. Diversification does not assure profit or
protect against market loss.
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version on businesswire.com: https://www.businesswire.com/news/home/20250203526126/en/
Investors: awmseurope@aresmgmt.com
Media: Giles Bethule, +44 7879615114 Jacob Silber, +1 212
301 0376 media.europe@aresmgmt.com
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