Ares announces $5bn final close of IDF V

Los Angeles-based Ares launched its fifth flagship infrastructure debt fund in November 2020.

Fund Name: Infrastructure Debt Fund V (IDF V)
Amount raised: $5 billion
Stage of fundraising: Final close
Predecessor fund: Infrastructure Debt Fund IV

Ares Management held a final close of $5 billion for Infrastructure Debt Fund V on 29 December 2022, according to a release.

The Los Angeles-based asset manager’s fifth flagship infrastructure debt fund was launched in November 2020 with a target size of $5 billion. The vehicle’s predecessor, Infrastructure Debt Fund IV, held a final close in October 2019 with $4 billion in capital raised.

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