Patrick Trears News Today

This is Ares's first infra debt fund following its acquisition of the infra debt business of AMP Capital in Feb.

Investment management giant Ares has raised about $5bn for the final close of its fifth infrastructure debt fund, targeting the digital, utilities, renewables, energy and transportation sectors.

AMP has offloaded the infrastructure debt arm of its wealth management business to US-based Ares Management.

Ares Management Corporation announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of...

23.12.2021 - Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure ... Seite 1

Ares Management is buying AMP's infrastructure debt business.

Press release content from Business Wire. The AP news staff was not involved in its creation.