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Ares Exclusive: New $6.6bn Bank Loan Fund Explained

Ares Management Corp. has successfully raised $6.6 billion for its second asset-based credit fund.

Ares Management's successful fundraise for its asset-based credit fund reflects investor demand for acquiring loan portfolios from struggling banks. PHOTO: Shuttertock
Ares Management’s successful fundraise for its asset-based credit fund reflects investor demand for acquiring loan portfolios from struggling banks. PHOTO: Shuttertock

The Pathfinder Fund II surpassed its original target of $5 billion, reflecting strong investor demand. This fund aims to take advantage of opportunities arising from banks selling portfolios to

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