Certified Automotive Lease (CAL), a wholly-owned subsidiary of Auto Lender’s Liquidation Center, and Ares Management Alternative Credit funds have entered a joint venture to purchase and invest up to $1.5 billion in new vehicle leases originated by CAL. read more

OCT 23, 2024 - 6:20 am

Ares Management launched Ansley Park Capital, a newly-formed lending and specialty finance company that will deliver financing solutions for essential-use, large-ticket equipment. Ansley Park Capital’s management team and integrated operating platform were added from BciCapital. read more

MAR 4, 2024 - 7:04 am

Ares Management closed Ares Pathfinder Fund II at $6.6 billion in commitments. The fund was oversubscribed and closed at its hard cap, which exceeded its $5 billion target. read more

OCT 30, 2023 - 7:18 am

Ares Management completed the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp. Barclays provided exclusive financing to Ares on the transaction. read more

JUN 26, 2023 - 7:01 am

Vmo Aircraft Leasing increased its capital base from $500 million to $1.1 billion through its latest round of fundraising. Ares Alternative Credit Group, funds managed by Oaktree Capital Management and Diameter Capital Partners provided the capital injection. read more

AUG 4, 2021 - 6:52 am

Ares Management and aviation industry veterans Bob Brown, Sean Sullivan and Will Hudson launched Vmo Aircraft Leasing, a company to acquire and lease commercial aircraft. read more

JAN 12, 2021 - 7:19 am

Ares Management reported its financial results for its fourth quarter and year ended December 31, 2018. read more

FEB 14, 2019 - 6:50 am

OnDeck closed a $175 million asset-based revolving credit facility consisting of funds provided by Liberty Mutual Insurance and its affiliates and funds managed by affiliates of Ares Management. read more

AUG 9, 2018 - 6:30 am

Bloomberg reported that SunTrust, Apollo Global Management and Ares Management are weighing offers for a GE unit in the U.S. that lends to private-equity firms. read more

APR 27, 2015 - 9:39 am