ARES - ARES MANAGNT （）

Silver Lake seeks to buy all of stock of Qualtrics, an experience-management services firm. Ares Management raised its stake in outdoor-advertising firm Clear Channel Outdoor.

Ares Management has disclosed ownership of over 11% of Clear Channel Outdoor Holdings.

JPMorgan Chase & Co has set aside at least $10 billion to back its foray into the world of direct lending, Bloomberg Law reported on Thursday, citing people with knowledge of the matter. The largest U.S. bank by assets is prepared to make many more billions of dollars available if it sees the opportunity to deploy additional capital, the report added. JPMorgan did not immediately respond to a Reuters request for comment on the report. The Wall Street titan’s move into the market is likely to put it head to head with established sector heavyweights such as Ares Management Corp and Apollo Global Management. JPMorgan wins approval to take full control of Chinese mutual fund JV Last week, JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank was “absolutely open for business” in leveraged lending even as other U.S. banks are expected to book significant losses on risky loans underwritten last year. The bank’s finance chief was commenting alongside its fourth-quarter results, which saw the lender beat forecasts for profit on the back of a strong performance at its trading unit.

A relocation of the firm’s local team to Century City is expected in 2024. The post Ares Management Inks 206 KSF Los Angeles Lease appeared first on Commercial Property Executive .

Ares Management discloses a 7% in Clear Channel Outdoor (CCO).The company has a market cap of ~$633M, where Ares holds 330K shares worth ~$51M.The stock climbed about 5.3% during…

Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Ashish Bhutani has joined its Board of Directors (the “Board”) as an independen

Ares Commercial benefits from its relationship with Ares Management and pays a well-covered dividend. Find out why ACRE is a compelling income stock for a well-diversified portfolio.

Online lending fintech Avant, which aims to provide credit to the underserved non-prime US consumer, has raised $250m from Ares Management.

Avant Secures $250m funding from Ares Management Corporation Submitted 08/12/2022 - 10:23am Avant, a credit-first financial technology company that provides access to financial solutions to underserved non-prime consumers, has secured $250 million of corporate debt and redeemable preferred equity from Ares Management Alternative Credit funds (Ares). This funding follows a $250 million securitisation in September and several other success markers in 2022. In January, the Avant Credit Card, issued by WebBank, surpassed one million customers. In August, the financial technology company unveiled a new multi-year exclusive partnership with Major League Soccer (MLS) for a co-branded fan affinity credit card that will be powered by Avant and issued by WebBank. Avant''s September securitisation brought the total amount of asset-backed debt financing commitments secured by the comoany in 2022 to $1.1 billion and Avant’s total commitments to over $1.6 billion to support its consumer credit portfolios.

Avant, a Chicago, IL-based credit financial technology company, secured $250m of corporate debt and redeemable preferred equity from Ares Management Alternative Credit funds. The company intends to use the funds to further fuel its credit portfolio and platform. Led by CEO Matt Bochenek, Avant is a credit-first financial technology company that provides access to innovative […] The post Avant Secures $250M From Ares Management appeared first on FinSMEs .

Equities researchers at Jefferies Financial Group reduced their Q2 2022 EPS estimates for shares of Ares Management in a research report issued on Tuesday, April 12th. Jefferies Financial Group … Read Full Story at source (may require registration) The post Equities Analysts Offer Predictions for Ares Management Co.’s Q2 2022 Earnings (NYSE:ARES) appeared first on ForexTV .

NEW YORK--(BUSINESS WIRE)--Convene, the leading hybrid meeting, event, and workspace provider, announced today that it has completed its recapitalization plan, led by HBC, a holding company at the intersection of real estate, technology and retail, and a fund managed by the Private Equity Group of Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager. Convene will operate HBC’s existing portfolio of flexible work, event, restaurant and meeting spaces

Ares Management (ARES) announced on Wednesday the launch of the Ares Private Markets Fund, which will invest in an actively managed portfolio of private equity and other…

Six years after it sold its GBP 500M ($655M) portfolio of loans to Ares Management (ARES), Barclays Plc <> is formulating a plan to get back into the private credit market,…