Sister remembers 9/11 victim wbir.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbir.com Daily Mail and Mail on Sunday newspapers.
(Separate multiple addresses with a comma)
Your Email Address
Your Message (optional)
Ares Management to Acquire Landmark Partners for $1.08B
April 01, 2021, 08:05 AM
Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. The transaction is valued at $1.08 billion, including approximately $787 million in cash and approximately $293 million in Ares Operating Group Units, in each case subject to certain adjustments.