Los Angeles-based Ares Management reported fourth quarter and full year earnings results, detailing a record year for fundraising and origination across its credit platform. At the same time, it promoted two credit executives to serve as co-presidents.
Funds managed by Ares’ credit group closed $13.8 billion in direct lending commitments across 90 transactions in the fourth quarter alone, bringing the full year 2024 figure to $48.2
