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     125  0 Kommentare Ares Management Special Opportunities Team to Join its Global Credit Group - Seite 2

    “Bringing the Special Opportunities business under the Credit Group umbrella is designed to enhance our investing capabilities and create value for our portfolio companies and our investors,” said Mr. Rosen.

    “We are extremely proud of the accomplishments of the Special Opportunities business to date and look forward to working even more closely with our colleagues in Credit and across the Ares platform to take advantage of the growing market opportunity,” added Mr. Snyder.

    Adjusted for this change, the Ares Credit Group had approximately $300 billion in assets under management with approximately 490 investment professionals operating across the U.S., Europe and Asia Pacific as of December 31, 2023. The Opportunistic Credit strategy will be reflected within the Ares Credit Group in Ares’ public reporting, effective March 31, 2024.

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    Statements included herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which reflect our current views with respect to, among other things, future events, operations and financial performance. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “foresees” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. Actual results may vary materially from those indicated in these forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Ares Management Corporation does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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    Ares Management Special Opportunities Team to Join its Global Credit Group - Seite 2 Ares Management Corporation (NYSE: ARES) today announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm’s Credit Group and will be named Opportunistic Credit. Moving the …