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Ares strikes €11bn hard cap for Europe's biggest-ever direct lending fund


Fund V is also Ares’ biggest institutional fundraise yet, having pulled in commitments from nearly 180 investors, including 65 new limited partners.
The firm said its European Direct Lending team has already started investing ACE V using its strategy of providing flexible capital to predominantly mid-market companies. It has been tapped for €1.7bn across 11 investments to date.
Michael Dennis, Ares partner and co-head of European credit, said, “The deployment backdrop remains constructive as middle market companies increasingly seek our flexible capital solutions in an improving economy.
“As a result, our team’s investment activity has been robust, and we have achieved this whilst increasing our selectively rates. ....

Michael Dennis , European Direct Lending , Ares Management , Direct Lending , Fund Close , Fund V , Hard Cap , Private Equity , மைக்கேல் டென்னிஸ் , ஐரோப்பிய நேரடி கடன் , ஏரிஸ் மேலாண்மை , நேரடி கடன் , நிதி நெருக்கமான , நிதி வ் , நிதி திரட்டல் , கடினமானது தொப்பி , ப்ரைவேட் பங்கு ,