Fund Managers

Ares Kayne merger collapses

The two alternative investment firms have dropped their planned merger but say they will look for other ways to collaborate.

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Ares Management and Kayne Anderson Capital Advisors are terminating their planned merger agreement, the firms announced today (27 October). 

“While both companies believe in the current investment opportunities in energy, the two companies had a different view as to how best to proceed with the business combination in response to the current market conditions in the energy sector.

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