Ares Management has raised about US$4.20 billion for its inaugural Ares Global Structured Solutions Fund, far above its US$1.0 billion target. The firm's funds also contributed US$2.0 billion to a US$6.5 billion financing for Phoenix Tower International and over €1.00 billion to a Plenitude capital reorganization, transactions that have already taken place. The outsized fundraise and the pair of large financings underscore Ares' ability to source substantial capital and structure complex solutions for sponsors and portfolio companies across infrastructure and energy. The new fund complements prior real assets initiatives such as the Japan logistics platform and ties directly into Ares' core catalyst of expanding across asset classes and geographies to grow fee-paying assets under management. Ares Management's narrative projects $6.9 billion in revenue and $2.0 billion in earnings by 2029, requiring 9.5% yearly revenue growth and a roughly $1.5 billion earnings increase from $487.4 million today.
Ares Management LPAres raised ~$4.2B for its inaugural Global Structured Solutions Fund, far above its $1.0B target, boosting fee-paying AUM.
