Ares Management raises €7.43bn

Ares Capital Europe V holds its first close.

Fund name: Ares Capital Europe V
Fund size: €7.43 billion
Launch date: May 2020
Target size: €9 billion

Ares Management has raised over €7 billion for Ares Capital Europe V fund. The vehicle will invest in senior corporate debt throughout Europe. Its predecessor raised €6.5 billion.