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Ares Hands Top Leaders $200 Million of Stock Awards in Pay Shift

(Bloomberg) -- Ares Management Corp. will pay Chief Executive Officer Mike Arougheti and credit head Kipp deVeer more in stock as the firm aligns managers’ performance with the broader business.Most Read from BloombergKing Charles Treated for Cancer in New Health Scare for MonarchyWhy NYC Apartment Buildings Are on Sale Now for 50% OffChina Tightens Some Trading Restrictions for Domestic and Offshore InvestorsEastern Europe’s Richest Woman Pivots $43 Billion Empire WestBonds Fall After ‘One-Two

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Orioles confirm $1.725B deal to sell team to Baltimore native

The framework of a deal is in place for the Angelos family to sell the Baltimore Orioles to a local ownership group, one with deep pockets.

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Reports: Orioles being sold by Angelos family to Rubenstein group

Birdland is getting ready to be under new ownership.

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Angelos family reportedly agrees to sell Baltimore Orioles for $1.725 billion

The Angelos family has agreed to sell the Baltimore Orioles to a pair of billionaires, according to WJZ's media partner The Baltimore Banner.

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Baltimore Orioles Sold for $1.7B to Founder of Carlyle Group

Homegrown Baltimore billionaire David Rubenstein is about to become the owner of the Baltimore Orioles.

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Ares Nears Completion of Record €20 Billion Direct-Lending Fund

(Bloomberg) -- Ares Management Corp. is nearing the close of what would be the biggest ever direct-lending fund, with more than €20 billion ($21.9 billion) of firepower, according to people with knowledge of the matter.Most Read from BloombergSEC’s X Account Hacked to Falsely Say Bitcoin ETF ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffBottled Water Contains More Plastic Particles Than Previously ThoughtBoeing CEO Fights Back Tears and Admits ‘Our Mistake’ in 737 AddressLos An

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Ares CEO Arougheti Says Private Credit to Double in Five Years

(Bloomberg) -- Ares Management boss Mike Arougheti sees the $1.5 trillion private credit market doubling to $3 trillion within five years, with a great deal of that coming from banks’ balance sheets.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsCisco to Buy Splunk for $28 Billion in Giant AI-Powered Data BetIt’s Going to Be More Expens

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