Ares Sports, Media and Entertainment Opportunities LP is a Delaware-domiciled, perpetual-life private fund exempt under Section 3(c)(7) that conducts a continuous private offering with monthly, fully-funded subscriptions and periodic redemptions. The Fund seeks long-term capital appreciation (and secondarily income) by investing primarily in directly originated senior secured and other high-yield debt, preferred equity, and common equity tied to sports leagues/teams and sports, media, and entertainment-related companies, while also holding more liquid credit/public securities to support deployment and liquidity. It is managed by Ares Capital Management LLC and began operations on December 6, 2024 (formed November 19, 2024), with its first third-party investor closing on June 1, 2025. As of December 31, 2025, the portfolio was heavily North America-focused (with smaller Europe exposure) and had meaningful allocations across first-lien loans, preferred equity, and common equity.
News and Notices
Ares Management (non-Secondaries)
Dec 06, 2024
3(c)(7) Exempt
3(c)(7) Exempt
Monthly
USD
September 30
News and Notices
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1-10 of 17
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Jun 27, 2025
16:21
Personnel
Ares Sports, Media and Entertainment Opportunities announced accounting leadership changes effective October 31, 2026, with Paul Cho stepping down and Kimberly Zaccagnino becoming Chief Accounting Officer and Principal Accounting Officer responsible for accounting oversight.
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Aug 21, 2024
16:17
Performance, Subscription
Ares Sports, Media and Entertainment Opportunities sold 132,179 Class I units at $28.80, 656,896 Class A-S at $28.56, 378,838 Class A-I at $28.89 and 1,477,627 Class E at $29.46, totalling ~$77.0 million, with month-end net asset values setting transaction prices.
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Jun 21, 2026
16:16
Performance, Subscription
Ares Sports, Media and Entertainment Opportunities sold $47 million of unregistered limited partnership interests on September 1, 2026, bringing continuous private offering cash consideration to $911 million. Month-end transaction net asset values of $28.30 to $29.13 per interest set class-specific subscription pricing.
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Aug 21, 2024
16:16
Subscription
Ares Sports, Media and Entertainment Opportunities sold unregistered limited partnership units for $30.4 million, bringing continuous private offering cash consideration to $864 million. Investors’ purchase prices used July 31, 2026 per-unit transactional net asset values ranging from $28.26 to $29.02.
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Sep 21, 2024
16:18
Subscription
Ares Sports, Media and Entertainment Opportunities sold $30.1 million of unregistered interests, bringing continuous offering cash consideration to about $834 million. June 30 transaction prices by class ranged from $28.20 for Class S to $28.88 for Class E.
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Jun 25, 2024
16:15
Performance, Subscription
Ares Sports, Media and Entertainment Opportunities sold $34.2 million of unregistered limited partnership units on June 1, 2026, bringing continuous private offering cash consideration to $804 million; May 31 transactional net asset values of $28.13-$28.74 established transaction pricing.
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Oct 02, 2024
15:23
Subscription
Ares Sports, Media & Entertainment Opportunities reported its first sale on June 1, 2025, with total amount sold increasing from $0 to $575 million and investors increasing from 0 to 2,880. Estimated sales commissions increased from $0 to $2.3 million.
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May 22, 2025
16:19
Subscription
Ares Sports, Media and Entertainment Opportunities LP sold approximately $27.5 million of unregistered limited partnership Units on May 1, 2026, with Transactional NAV per Unit ranging from $28.02 to $28.58 as of April 30, 2026. The Fund’s aggregate Transactional NAV was approximately $801 million, and its continuous private offering had issued about $769 million of interests as of the filing date.
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Jul 21, 2024
16:24
Performance, Subscription
Ares Sports, Media and Entertainment Opportunities raised about $38.1 million through the sale of unregistered limited partnership units, with March 31, 2026 Transactional NAV per Unit ranging from $27.92 to $28.40. The pricing reflects the Fund’s month-end valuation process for its continuous private offering.
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Oct 02, 2024
16:05
Debt Issuance
Ares Sports, Media and Entertainment Opportunities secured a senior secured revolving credit facility with JPMorgan Chase Bank of up to $125 million, scheduled to increase to $250 million on April 28, 2026, and maturing March 27, 2031. The facility is backed by substantially all Borrower assets and a full-recourse guaranty from the Fund.
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Preview
Ares Sports, Media & Entertainment Opportunities
Ares Management (non-Secondaries) is responsible for managing Ares Sports, Media & Entertainment Opportunities.
Ares Sports, Media & Entertainment Opportunities launched in 2025.
Ares Sports, Media & Entertainment Opportunities is registered as a 3(c)(7) Exempt fund.
You can invest in Ares Sports, Media & Entertainment Opportunities by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.
You can invest in Ares Sports, Media & Entertainment Opportunities monthly, subject to eligibility and fund subscription deadlines.
Shares of Ares Sports, Media & Entertainment Opportunities can be purchased in USD.
Ares Sports, Media & Entertainment Opportunities's fiscal year end is September 30.
Ares Sports, Media & Entertainment Opportunities's net asset value was $827.9 million and its portfolio had a fair value of $855.1 million as of June 30, 2026.
Among other deal types, Ares Sports, Media & Entertainment Opportunities primarily makes Debt Investments.
Among other asset classes, Ares Sports, Media & Entertainment Opportunities primarily invests in Direct Lending.
Among other regions, Ares Sports, Media & Entertainment Opportunities primarily invests in North America.
Ares Sports, Media & Entertainment Opportunities charges a 1.40% annual management fee, which is calculated based on NAV.
You can invest in ASMEO-S shares with a minimum initial investment of $25,000.
You can invest in ASMEO-S shares with a minimum subsequent investment of $2,500.
You will be subject to paying an early repurchase/redemption fee of 5%.
Ares Sports, Media & Entertainment Opportunities's ASMEO-AS share class generated an annualized 1-month return of 4.06% and 1-year return of 6.65% as of June 30, 2026.
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