The firm's five evergreen vehicles, including a private equity secondaries fund, reached €8.2 billion in aggregate value in Q3.
The firm is developing products for retirement and mass affluent investors as wealth AUM soars 41% YoY to $82 billion.
Incepted in 2021, Ares Pathfinder Core Fund is an evergreen asset-based lending vehicle that invests in liquid and illiquid opportunities.
We dive into the AI-focused fund of funds, outlining the investment strategy, share structure, and planned New York Stock Exchange listing.
The pension worked with Hamilton Lane on the secondary acquisition of an interest in the approximately $31 billion open-end real estate fund.
The deal will lower the surviving fund's base management fee to 1% and broaden investor access through brokerage and advisory channels.