Additionally, Mr. Sachs serves as a member of Ares Credit Group, Private Equity Group and Real Estate Group fund investment committees and the Ares Equity Income Opportunity Strategy Portfolio Review Committee. Under the SEC's charge, Ares in 2016 invested several hundred million dollars in a public company through a loan and equity investment that allowed the firm to appoint a senior employee to the company’s board. After receiving this information, Ares purchased over 1 million shares of the company’s common stock, 17% of the publicly available shares. Ares continues to benefit from institutional investors’ increased reliance on fewer managers with broader sets of strategies, a trend that has been magnified by the coronavirus pandemic, Arougheti said. “It is critical for firms like Ares to have proper policies and procedures in place to address these risks and prevent the misuse of information obtained under these special circumstances.”The SEC’s order finds that Ares violated the compliance policies and procedures requirements of Sections 204A and 206(4) of the Investment Advisers Act of 1940 and Rule 206(4)-7 thereunder. Get the full list », You’re viewing 5 of 131 team members. The SEC’s order finds that, in 2016, Ares invested several hundred million dollars in a public company through a loan and equity investment that allowed Ares to appoint a senior employee to the company’s board. "Investment advisers and private equity firms that place employees on the boards of public companies bear heightened risks that they will obtain nonpublic material information through their representative occupying dual roles," Anita Bandy, SEC Division of Enforcement associate director. All rights reserved. Ares Management’s private equity funds raised roughly $5bn in the second quarter, giving the firm a boost toward meeting a goal of raising more than $30bn this year across all its strategies, including credit and real estate funds. The firm’s strong fundraising haul in the second quarter helped elevate its total assets under management to $158.4bn by the end of the period, up 11.5% from a year earlier. Not the case? Ares Management Corporation (NYSE: ARES) is a global alternative investment manager operating three integrated businesses across credit, private equity and real estate.In 1997, Ares was founded by a veteran team of investment professionals to pursue investment opportunities and deliver flexible capital across all levels of a company's structure and in different market environments. Map, Get
Overview. In that year, Ares hauled in a record $36.1bn in new capital. We are a global alternative investment manager that has generated cycle-tested performance for investors since our inception in 1997. The material on this site may
Founded in 1997, Ares Private Equity Group is a private equity investment firm based in Los Angeles, London, New York, Boston, San Francisco, Shanghai. Ares Management Portfolio Companies. Company News, Advertising
Under the settlement, Ares neither admitted nor denied it violated compliance requirements of the Investment Advisers Act of 1940. Get Ahead! (1) The Ares current private equity platform investments represent all unrealized and partially realized platform investments made by … Get the full list », You’re viewing 5 of 101 exits. The group manages flagship corporate private equity funds focused on North America and Europe, special opportunities, an energy opportunities fund, infrastructure and power funds and related co-investment vehicles and two China growth funds. We examine some of Ares Management's private equity funds in the latest instalment of a special series looking at quarter-on-quarter performance amid the downturn. Certain Private Funds offered through Ares Investor Services LLC (Member FINRA / SIPC), a wholly-owned subsidiary of Ares Management LLC | Business Continuity PlanOur publicly traded funds are listed on the NYSE (ACRE and ARDC) or NASDAQ (ARCC) and are available through a broker or dealer that is properly registered to offer closed-end funds.
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