Ares Management Corporation (ARES)
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- PR Newswire
AmWest Funding Corporation Continues Strong Growth in 2024 with New Strategic Partnership
AmWest Funding Corporation ("AmWest"), funds managed by Ares Management Corporation's (NYSE:ARES) ("Ares") Alternative Credit strategy, and Park Capital Management ("Park Capital") announced today that AmWest and Ares have finalized a joint venture to purchase and invest in Non-QM loans, sourced and serviced by AmWest. The joint venture will seek to capitalize on AmWest's strong position as a leading mortgage originator and servicer with over $15 billion of Non-QM mortgage originations since inc
- Bloomberg
Blackstone Sells $1.1 Billion of Private Equity Fund Stakes to Ares
(Bloomberg) -- Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp.Most Read from BloombergTraders Are Cashing Out of Markets En MasseMagnificent Seven Earnings Arrive With Stocks at Critical MomentNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemTikTok Divest-or-Ban Bill Expected to Become US Law in DaysElon Wants His Money BackThe portfolio consists of older fund stakes that Strategic Partners
- Investor's Business Daily
Ares Management's Lead In 'Hottest Asset Class' Pays Big Dividends
Ares Management is the No. 1 private credit manager globally, a position that is helping Ares stock weather higher rates.
