Ares Management Leads $550 Million Funding Boost For Virgin Voyages' Growth
Portfolio Pulse from Benzinga Newsdesk
Ares Management has led a $550 million funding round for Virgin Voyages, with additional capital coming from existing investors including Virgin Group and Bain Capital.
September 08, 2023 | 9:06 am
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Ares Management led a $550 million funding round for Virgin Voyages, indicating a significant investment.
As the lead investor in a significant funding round, Ares Management is making a substantial investment in Virgin Voyages. This could potentially lead to increased revenues and profits in the future, which would likely have a positive impact on Ares Management's stock price in the short term.
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