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Ares beat estimates with record fundraising, raising AUM to $671 billion — CEO Mike Arougheti comments on navigating private credit turmoil.
Editorial companion
Bloomberg aired comments from Ares Management’s CEO after the firm posted record fundraising and pushed assets under management (AUM) to $671 billion while beating earnings estimates. That matters because private-credit markets have been jittery this year. A giant fundraising quarter shows institutional demand hasn’t evaporated. It is concentrating with incumbents that can distribute capital and price risk.
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