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.
The firm reported a 14% QoQ increase in private wealth inflows, supported by growth across its evergreen funds and easing redemption pressure in its credit and real estate vehicles.
Incepted in 2021, Ares Pathfinder Core Fund is an evergreen asset-based lending vehicle that invests in liquid and illiquid opportunities.
The firm's flagship Cox Retail Secondaries Fund I is offering to purchase up to $2.5 million of Variant Alternative Income Fund shares at a 40% discount to October 26 NAV.
The deal will lower the surviving fund's base management fee to 1% and broaden investor access through brokerage and advisory channels.
