Ares Management Corporation Announces U.S. Direct Lending Origination Activity
Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.
- Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $6.1 billion in U.S. direct lending commitments across 53 transactions during the third quarter of 2023 and approximately $20.6 billion in direct lending commitments across 189 transactions in the last twelve-month period ended September 30, 2023.
- Ares served as the administrative agent for a senior secured credit facility to support TSG Consumer Partners’ continued growth plans for ATI Restoration.
- Ares served as a lender for a senior secured credit facility to support Vista’s continued growth plans for Finastra.
- Ares served as a lender for a senior secured credit facility to support Thoma Bravo’s refinancing for Hyland.