Ares is flush with billions of excess capital post-merger

The extra money will go, in part, toward building out a partnership with Varagon Capital Partners. 

The 3 January closing of the Ares Capital-American Capital merger leaves Ares with a significant amount of room for investable capital, the firm’s executives told shareholders, analysts and other stakeholders on Wednesday’s fourth-quarter earnings conference call.

The excess capital reaches into the billions and leaves the company with “more than enough for the foreseeable future,” Kipp deVeer said.

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