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.
The firm's evergreen private equity flagship, which invests in secondaries, reached $29 billion in NAV less than three years after inception.
Ares explores why evergreen funds exist, how they differ from traditional drawdown funds and the tradeoffs between liquidity and long-term returns.
The proposed transaction will bring Mount Logan's combined interval fund AUM to approximately $460 million, with closing expected in Q1 2027.
Q3 net inflows fell to €900 million from €1 billion in Q2, even as the Swedish manager launched its Asia-focused private equity evergreen strategy.