Ares Management Closes Largest US Real Estate Fund at $3.3B, Targeting Opportunistic Investments
Portfolio Pulse from Benzinga Newsdesk
Ares Management Corporation has closed its largest U.S. real estate fund, raising $3.3 billion for opportunistic investments. This fund, AREOF IV, focuses on distressed assets and special situations, marking a significant increase from its predecessor.
September 16, 2024 | 10:35 am
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Ares Management has successfully closed its largest U.S. real estate fund, raising $3.3 billion for opportunistic investments. This positions Ares to capitalize on distressed assets and special situations, potentially boosting its financial performance.
The successful closing of the largest U.S. real estate fund by Ares Management indicates strong investor confidence and provides significant capital for opportunistic investments. This is likely to enhance Ares' financial performance and market position, positively impacting its stock price.
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