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Ares Faces Its Biggest Decision Yet: Stick With Private Credit or Become an Alts Supermarket

Private Equity Insights

It has become the largest publicly traded business development company, with a market capitalization of more than $10 billion and assets under management of $22 billion. The Ares portfolio is diversified across 466 borrowers backed by 222 private equity sponsors that invest in those borrowers’ equity. “The

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BCI And Partners Acquire Australia's Costa Group in a Take-Private Transaction

Pension Pulse

However, the US investor has been involved in the Costa Group journey for much longer than that, having been a majority owner of the company prior to its 2015 initial public offering (IPO) on the ASX with its first equity stake acquired in 2011, back when its name was Paine + Partners. Wells Fargo ranked No.