Key Takeaways
- • Ares Management plans to launch an infrastructure secondaries fund focused on GP-led transactions, according to PEI Secondaries Investor.
- • The firm also expects to hold the first close for its latest real estate secondaries vehicle by year-end, per chief executive Michael Arougheti.
- • The announcements were made on Ares' Q3 earnings call, according to the source article.
- • The source provides limited detail on fund size, target raise, and timing for the infrastructure vehicle.
Summary
Ares Management intends to launch an infrastructure secondaries fund focused on general partner-led (GP-led) transactions, according to PEI Secondaries Investor. The plan was disclosed by chief executive Michael Arougheti during the firm's third-quarter earnings call.
Arougheti also said Ares expects to hold the first close for its latest real estate secondaries vehicle by year-end. The first close marks the initial capital commitments that allow a fund to begin investing, and the timing signals the firm's continued push into secondaries across real assets.
The source article does not disclose target fund size, hard cap, or detailed strategy for the infrastructure vehicle. Readers seeking those specifics should monitor subsequent fundraising disclosures from Ares.
The announcements reflect growing institutional demand for GP-led secondaries, in which general partners sell or restructure assets into continuation vehicles, as alternative managers expand secondaries platforms beyond private equity into infrastructure and real estate.
Arougheti also said Ares expects to hold the first close for its latest real estate secondaries vehicle by year-end. The first close marks the initial capital commitments that allow a fund to begin investing, and the timing signals the firm's continued push into secondaries across real assets.
The source article does not disclose target fund size, hard cap, or detailed strategy for the infrastructure vehicle. Readers seeking those specifics should monitor subsequent fundraising disclosures from Ares.
The announcements reflect growing institutional demand for GP-led secondaries, in which general partners sell or restructure assets into continuation vehicles, as alternative managers expand secondaries platforms beyond private equity into infrastructure and real estate.
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