Ares Management (ARES) said Wednesday that it closed approximately $13.8 billion in US direct lending commitments from 90 transactions in Q4 of 2024.
For the year ended Dec. 31, the company said it closed approximately $48.2 billion in direct lending commitments from 341 transactions.
Shares of Ares Management were down 4.4% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.