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Hedge Fund Private Equity

Ares raises $12.7bn across Pathfinder ABF strategy

privateequitywire

2 weeks ago

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Ares Management Corporation has raised a combined $12.7bn across its Pathfinder closed-end strategy and related vehicles, underscoring strong institutional demand for asset-based finance (ABF), and reinforcing the firm’s position as one of the largest managers in the rapidly expanding segment.
The firm announced the final close of Ares Pathfinder Fund III, alongside its offshore parallel vehicle, at $8.5bn in limited partner commitments. The fund was oversubscribed and closed above its increased...

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