US Giant Ares to Acquire Crescent Point Capital
Ares Management Corporation (NYSE: ARES) entered into a definitive agreement to acquire 100% of Crescent Point Capital, an Asia-focused private equity firm with approximately US$ 3.8 billion of assets under management, as of March 31, 2023. Founded in 2003, Crescent Point Capital has approximately 50 professionals. The team is headquartered in Singapore and has a…