Ares Management Raises Approximately $3.3B of Real Estate Secondaries Capital
Portfolio Pulse from Benzinga Newsdesk
Ares Management Corporation, a global alternative investment manager, has successfully raised around $3.3 billion for real estate secondaries capital. This includes the Landmark Real Estate Fund IX, General Partner commitments, and affiliated vehicles.
December 05, 2023 | 11:32 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ares Management Corporation has raised approximately $3.3 billion for real estate secondaries, indicating strong investor confidence and potential for growth in its real estate investment division.
The successful capital raise of $3.3 billion by Ares Management is a significant event that demonstrates investor confidence in the company's real estate investment strategy. This influx of capital is likely to be viewed positively by the market, as it provides Ares with additional resources to invest in real estate opportunities, which could lead to increased revenue and profitability in the short term. The news directly pertains to Ares Management and is critical for investors, as it reflects on the company's ability to attract substantial investment and potentially enhance its market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100