知情人士称，Management Corp.为其最新旗舰美国直接贷款基金筹资速度，快于此前创下纪录的基金募集期，该公司周四公布的第三季度资产和管理费与华尔街预期持平。
Management Corp. is raising money faster for its latest flagship US direct lending fund than the previous record-setting vintage, said a person familiar with the matter, as the company reported third-quarter assets and management fees in line with Wall Street estimates.
这家总部位于洛杉矶的另类资产管理公司，其策略正在对两个四月推出的不同基金进行募资：封闭式的Ares Senior Direct Lending Fund IV，以及Ares Senior Direct Lending Core，这是其面向机构投资者的首只高级直接贷款开放式基金。
The Los Angeles-based alternative asset manager’s strategy is raising across two different vehicles that launched in April: a closed-end Ares Senior Direct Lending Fund IV and Ares Senior Direct Lending Core, its first senior direct lending open-ended fund for institutional investors.
知情人士称，前者已筹集近60亿美元股权，而后者这一允许投资者更自由地撤回承诺的常青型基金，筹资超过20亿美元。该人士要求不具名披露非公开数据。两只基金首次关闭时的合计募资额，比前一期基金在同一阶段筹集的金额高出60%。在加上基金层面预期的杠杆后，这两个基金将拥有约150亿美元可供投资的资本。
The former has raised almost $6 billion of equity while the latter evergreen vehicle, with more freedom to withdraw commitments, raised over $2 billion, the person said, asking not to be identified describing non-public figures. Combined, the first close of the funds is 60% greater than what the prior vintage raised at that stage. After adding expected leverage at the fund level, the two vehicles will have around $15 billion of capital that can be invested.
Ares首席执行官Mike Arougheti今年早些时候表示，这些预计将于2027年关闭的基金，目标募资额为100亿美元，与其2024年的前一期基金目标一致。上一只旗舰基金最终获得了超过150亿美元的股权承诺，成为有史以来规模最大的机构直接贷款资金池。
Ares Chief Executive Officer Mike Arougheti said earlier this year that the funds, which are expected to close in 2027, were targeting $10 billion, in line with the target of its 2024 predecessor fund. The previous flagship ultimately drew over $15 billion in equity commitments, becoming the largest institutional direct lending pool ever raised.
与此同时，Ares周四公布第三季度财报，管理资产规模为6910亿美元，较去年同期增长16%，管理费为11亿美元，增长10%。
Meanwhile, Ares reported $691 billion in assets under management in its third-quarter earnings Thursday, up 16% from the same period a year ago, and management fees of $1.1 billion, a 10% increase.
产生费用的资产规模为4160亿美元，低于彭博调查中分析师预估的4260亿美元，原因是部署速度放缓。
The amount of assets earning fees, at $416 billion, was shy of analysts’ estimate of $426 billion in a Bloomberg survey due to slower deployment.
本周早些时候，Ares表示同意以26亿美元从Apollo Global Management Inc.手中收购私人信贷基金MidCap Financial Investment Corp.。
Earlier this week Ares said it agreed to buy private credit fund MidCap Financial Investment Corp. from Apollo Global Management Inc. in a $2.6 billion deal.
私募信贷经理今年一直在寻求出售表现不佳的基金，以调整内部战略，并将重点转向私人贷款中风险较低的领域。今年早些时候开始的一波投资者赎回，吸引了竞争对手的关注，他们希望在这一1.8万亿美元的市场中以低价收购交易。
Private credit managers have been looking to sell underperforming funds this year as they realign internal strategies and focus on less risky parts of private lending. A spate of investor redemptions that began earlier in the year has been attracting interest from competitors looking to snap up cheap deals in the $1.8 trillion market.