“The success of this milestone fundraise underscores our early-mover advantage in credit secondaries and the power of the Ares platform,” said Blair Jacobson, Co-President of Ares. “ACS builds on the critical foundation of our broader Secondaries business, which has accelerated its global market leadership through exceptional talent, data-driven insights and a comprehensive offering across asset classes. As investors’ liquidity needs evolve, we will continue to develop innovative GP and LP solutions that leverage our decades of investment experience and extensive relationship networks.” 

“We are deeply grateful to our global investor base for the confidence they have placed in our team,” said Dave Schwartz, Head of Credit Secondaries at Ares. “The final closing of ACS reflects the strength and market leadership of our Credit Secondaries strategy, which is supported by one of the largest purpose-built teams in the market. Our business combines Ares’ multi-decade credit and secondaries experience and global scale to employ a disciplined investment approach, underpinned by our focus on diversification and downside protection. We are excited to execute on our significant pipeline in a rapidly growing and attractive market opportunity.”