Ares Management Raises $3.3bn for Real Estate Secondaries Fund

Ares Management Raises $3.3bn for Real Estate Secondaries Fund

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has raised approximately $3.3bn of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX (“LREF IX” or the “Fund”),...
Reverence Capital Partners Seeks Buyer for $2.5bn Stake in Osaic

Reverence Capital Partners Seeks Buyer for $2.5bn Stake in Osaic

A minority stake in one the largest broker-dealers in the United States could be sold off by its private equity owners, according to a report by Bloomberg. The media company cites people close to the matter who are not authorized to discuss the confidential details,...