Ares Management announced that funds managed by its Credit Group have closed on a $150 million preferred equity investment in Inter Miami CF. The transaction is in connection with Inter Miami’s announcement that Jorge and Jose Mas and David Beckham...
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September 20, 2021, 08:00 AM
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BFS Capital, a small business financing platform, announced it is has received a new $175 million revolving credit line provided by funds managed by Ares Management, L.P. BFS Capital will use the new facility to accelerate the growth of its lending...
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February 21, 2018, 08:01 AM
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LightBay Capital, a Los Angeles-based private equity firm focused on middle-market opportunities, announced that it has successfully completed fundraising for its inaugural institutional fund, LightBay Investment Partners LP, with total committed...
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January 05, 2018, 07:30 AM
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The Ares Management, L.P Credit Group (including funds managed by Ares Management, collectively “Ares”) is providing additional details on new financing commitments in its U.S. direct lending strategies that closed during the third quarter, which...
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November 06, 2017, 08:00 AM
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NYX Gaming Group Limited announced that it has entered into a commitment with ARES Management Limited to refinance its existing debt. The transaction is expected to close in July 2017, contemporaneously with the redemption of all of the Company's...
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June 23, 2017, 08:00 AM
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Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Ares Finance Co. II LLC at 'BBB+'. The Rating Outlook is Stable.KEY RATING DRIVERS -- IDRThe IDR of Ares Finance Co. II LLC is equalized with the 'BBB+' IDRs assigned to Ares...
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August 15, 2016, 07:37 AM
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Fifth Street Asset Management Inc. announced its affiliate, Fifth Street Management LLC, served as administrative agent, joint lead arranger and joint bookrunner for senior secured credit facilities supporting the recapitalization of Ob Hospitalist...
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July 05, 2016, 08:02 AM
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Ares Management, L.P. announced the final closing of its third European direct lending fund, Ares Capital Europe III (“ACE III”). Approximately one year after its launch, ACE III was oversubscribed and closed at its hard cap of €2.5 billion, above...
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June 10, 2016, 07:52 AM
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LendingPoint, a leading Atlanta-based FinTech direct loan provider, announced its signing of a credit facility that provides up to $100 million of funding capacity with funds managed by the Tradable Credit and Direct Lending Groups of Ares Management...
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October 15, 2015, 07:33 AM
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Fifth Street Asset Management announced that its affiliate, Fifth Street Management LLC, served as lead arranger and administrative agent for a one-stop financing facility in connection with the acquisition of Valet Parent, Inc. ("Valet Waste") by...
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October 06, 2015, 07:00 AM
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Connecticut Turnaround Management Association (CTTMA), the state's leading association of corporate renewal professionals, announced the election of a new president, chairman, corporate secretary, two new vice presidents, and a new director. The new...
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March 31, 2015, 07:11 AM
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Ares Management and GE Capital announced today that the European Senior Secured Loan Programme (ESSLP), a €1.75 billion joint venture between affiliates of the two firms, has provided a £187M financing package to fund the acquisition of Open GI, a UK...
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December 08, 2014, 07:27 AM
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European Senior Secured Loan Programme (ESSLP), a joint venture between affiliates of Ares Management L.P (NYSE:ARES) and GE Capital, announced that it has reached a total of €1 billion in commitments since inception in 2012 with the completion of...
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October 20, 2014, 07:50 AM
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European Capital Limited and certain affiliates have completed a £113.5 million refinancing of their portfolio company, Hillarys, the UK's leading made-to-measure supplier of domestic window coverings, and have used the proceeds, together with a...
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August 04, 2014, 07:39 AM
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Ares Management Ltd., which oversees the European activities of Ares Management, L.P. and GE Capital International have provided a €46.5 million debt facility to French firm InfoVista through the firms’ €1.75 billion joint venture, the European...
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August 01, 2014, 07:41 AM
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Ares Management announced that on May 7, 2014, it closed its amended and restated revolving credit facility (the “Facility”) that was entered into in connection with Ares Management’s initial public offering. The amendment, among other things...
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May 20, 2014, 07:39 AM
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