BANGKOK -- U.S. private credit giant Ares Management has secured the final close of its sixth flagship Asia special situations fund at $2.4 billion, including a sidecar vehicle, after around 22 months of fundraising.
Ares SSG Capital Partners VI mostly recently secured $200 million in equity commitments, according to its earnings report for the third quarter of 2023. That is half of the overall $400 million in debt and equity commitments that New York-listed Ares received for its Asia-focused strategy in the third quarter.
