Ares Raises $11bn for its Largest-ever Europe Credit Fund

Ares Raises $11bn for its Largest-ever Europe Credit Fund

Ares Management Corp, a Los Angeles, California-based global alternative asset manager, has raised $11 billion in total capital commitments for its fifth Europe credit fund, Ares Capital Europe V, according to a filing with the SEC, dated 30 Dec 2020. Based on the...
New blank-check firms arm up for Asian unicorn hunt

New blank-check firms arm up for Asian unicorn hunt

A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. SPACs are exchange-listed shell...