Ares Commercial Finance and Ansley Park Capital Provide Asset Based and Equipment Financing to Shimmick Corporation
Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation. Ansley Park Capital (“Ansley Park”), an affiliate of Ares Management, provided a complementary $15 million machinery and equipment term loan, the combination of which delivered a complete financing solution.
Ares Management Corporation to Present at the Bernstein 41st Annual Strategic Decisions ConferenceNEW YORK, NY / ACCESS Newswire / May 22, 2025 / Ares Management Corporation (
NYSE:ARES) announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Bernstein 41st Annual Strategic Decisions Conference on Friday, May 30, 2025 at 11:00am ET.
Ares Management Announces First Quarter 2025 U.S. Direct Lending Origination Activity$11.5 Billion in New Commitments Closed in the First Quarter, Reaching a Record of $50.4 Billion Closed in the 12 Months Ended March 31, 2025
Ares Management Corporation Reports First Quarter 2025 Results
Ares Management Corporation (
NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2025.
Ares Management Corporation Schedules Earnings Release and Conference Call for the First Quarter Ending March 31, 2025NEW YORK, NY / ACCESS Newswire / April 4, 2025 / Ares Management Corporation announced today that it will report earnings for the first quarter ending March 31, 2025 on Monday, May 5, 2025 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. (Eastern Time) to discuss its first quarter ending March 31, 2025 financial results.
Joel Holsinger Appointed Co-Chair of the Ares Charitable Foundation
Ares Management Corporation (
NYSE:ARES) (“Ares”) announced today that Joel Holsinger, Partner and Co-Head of Ares’ Alternative Credit strategy, was appointed to the Board of Directors of the Ares Charitable Foundation (the “Ares Foundation”) to serve as Co-Chair alongside current Chair, Michael Arougheti, Chief Executive Officer of Ares.
Aspida Life Re Ltd. Appoints Elinor Friedman to its Board of DirectorsA distinguished actuary and insurance executive, Elinor Friedman brings over 28 years of expertise in reinsurance consulting and leadership
Ares Management Corporation Completes Acquisition of GCP International
Ares Management Corporation (
NYSE: ARES) (“Ares”) announced today that it has completed its acquisition of the international business of GLP Capital Partners Limited, excluding its operations in Greater China, and certain of its affiliates (“GCP International”). With the addition of GCP International, Ares’ leading global alternative investment platform managed over $525 billion in assets, including more than $115 billion in its global Real Assets business, as of December 31, 2024.
Ares Management Upsizes Tempus Debt Facilities to $560 Million
Ares Management Corporation (
NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, Inc. (
NASDAQ: TEM) (“Tempus”), a technology company leading the adoption of AI to advance precision medicine and patient care. The financing is intended to support Tempus’ previously announced acquisition of Ambry Genetics (“Ambry”), which closed on February 3, 2025. Combined with $260 million of capital provided in 2022 and 2023, Ares Credit funds have provided Tempus a total debt package of approximately $560 million.
Ares Management Corporation to Present at the Bank of America Securities 2025 Financial Services ConferenceNEW YORK, NY / ACCESS Newswire / February 6, 2025 / Ares Management Corporation announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Bank of America Securities 2025 Financial Services Conference on Wednesday, February 12, 2025 at 9:40 a.m. ET.
Ares Management Serves as Administrative and Collateral Agent for Over $1 Billion in New Financing to Support the Recapitalization of GHX
Ares Management Corporation (
NYSE: ARES) (“Ares”) announced today that an Ares Credit fund served as the administrative and collateral agent on a financing package to support the recapitalization of Global Healthcare Exchange, LLC (“GHX”).
