Ares Management lived up to its reputation as a fundraising juggernaut during the third quarter, as it pulled in $3.92 billion for its credit group alone, making up the lion’s share of the firm-wide total of $4.32 billion in capital commitments.
The credit group’s three largest commitments consisted of $841 million for its senior direct lending program, $707 million for the Arex XL CLO and $600 million in new debt issued by its business development company.
