Ares Capital Corporation announced that Ares Capital’s Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024. Mr. Lem succeeds Penni Roll, who plans to step down as Ares Capital’s Chief Financial Officer, effective the same date. Ms. Roll, who also.
Nearly $14 Billion in New Commitments Closed in the Fourth Quarter and More Than $33 Billion Closed in 2021LOS ANGELES (BUSINESS WIRE) Ares Management Corporation (NYSE: ARES) announced today that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. F.
Ares Management Corporation announced that new financing commitments made across its U.S. direct lending strategies more than doubled to $33.4 billion in 2021. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $13.7 billion in commitments across 93 transactions during the fourth quarter of 2021.
Ares Management Corporation provided details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation’s Credit Group (collectively “Ares”) closed approximately $7.2 billion in commitments across 54 transactions during the third quarter of 2021 and approximately $27.0 billion.