Pallas Capital, Ares launch $500m lending fund
Pallas Capital (Pallas) has established a new lending facility with funds managed by NYSE-listed alternatives firm Ares Management.
Source: financialstandard.com.au
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Pallas Capital (Pallas) has established a new lending facility with funds managed by NYSE-listed alternatives firm Ares Management.
Under the terms, Ares will become a funding partner for the Pallas Funding Trust No.2, which will lend to borrowers in the commercial real estate sector.
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