Ares Management related stories
All articles and analysis
Ares appoints ex-Blair adviser as Europe chiefCharles Steel, also a former Carlyle executive, will be heading the US firm’s private equity operations across the Atlantic.
- Oak Hill Capital IR head goes to Ares
Jeff Mills spent more than five years running the investor relations function at the mid-market buyout shop.
- The 2013 PEI 300: Advent of better days?
Advent International – which appears in our top 10 for the first time – showed it was still possible for good firms to raise big funds last year
- Ares inks $1.25bn strategic partnership
Listed investment holding company Alleghany Corporation has bought a minority stake in Ares for $250m, joining existing investor the Abu Dhabi Investment Authority, and will commit up to $1bn in various Ares funds.
- Ares, OTPP buy building products business
The US firm and the Canadian pension system will hold an equal stake in Pennsylvania-based CPG, trumping rivals in an auction that had reportedly drawn interest from Warburg Pincus, Berkshire Partners and TPG.
- Ares and CPPIB acquire Neiman Marcus for $6bn
TPG and Warburg Pincus are exiting the luxury retail company, which reportedly came close to being floated rather than sold.
- Madison Dearborn doubles money on Yankee Candle
The $1.75bn exit comes following a terminated sale and scuttled refinancing for the candle retailer, which Madison Dearborn acquired in 2007.
- Ares collects $3.2bn for first close
The firm is raising its fourth flagship fund with a $4.7bn hard-cap to target distressed investments and buyouts.
- PEI 300 Highlights
Highlights from the 2012 list of the 300 largest private equity firms in the world.
- Friday Letter It's back but it's different
Ask a dozen US and European private equity and leveraged finance professionals if credit markets are open again and you'll get 15 different answers. But all agree conditions have vastly improved from 2009 lows.