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.
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Reverence Capital has made a majority investment in Ministry Brands, a provider of cloud-based software, payments solutions, services and information platforms for churches, ministries and those they serve.