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Ares Management, LLC is a subsidiary of Ares Management Corporation, a leading, publicly traded, alternative investment manager and an SEC-registered investment adviser. Ares Management, LLC provides investment management services for pooled investment funds, banks, pensions and retirement plans, investment advisers, insurance companies, sovereign wealth funds, and corporations and other businesses with investing strategies across the credit, private equity, real estate, and infrastructure asset classes.
Higher interest rates and lower consumer spending are squeezing debt-laden companies backed by private equity groups, forcing them to either restructure through bankruptcy or buy time to recover via o...
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high...
BlackRock Inc. (BLK) faces a significant financial setback with its investment in Alacrity, an insurance outsourcing firm, now projected to result in a loss exceeding $600 million. This situation, as ...
The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions. The BOK’s decision surprised economists polled by Reuter...
Goldman Sachs has unveiled several new actions as it looks to strengthen its services for corporate and investor clients and grow its business in private credit, private equity, and other asset classe...
Citrin Cooperman Advisors LLC (the "Firm"), a premier tax, advisory and accounting provider for private middle market businesses and high net worth individuals, today announced a definitive agreement ...
China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing cranks up ...
AltIndex’s report showed that this growth was driven by Bitcoin's rally, spot ETF approvals, increased DeFi activities, and regulatory clarity in key regions. Binance dominated the market by reportedl...
Decentralized exchanges (DEXs) set a record high in December, with monthly trading volume soaring to $462 billion, according to decentralized finance (DeFi) data platform DefiLlama. Data released on D...
