Ares Management Launches New Private Equity Fund for Investors
Ares Management Introduces New Wealth Investment Fund
Ares Management Corporation (NYSE:ARES), a prominent player in the alternative investment arena, recently launched the Ares Private Markets Fund (AUT). This fund is designed specifically for wholesale clients in Australia, offering them a unique opportunity to invest in the Ares Private Markets Fund (APMF), which specializes in private equity through secondary investments.
Understanding Ares Private Markets Fund (AUT)
The APMF aims to deliver attractive, long-term capital appreciation to its investors. With a focus on secondary investments, this Australian-domiciled trust allows investors to diversify their portfolios. The Ares Secondaries Group boasts over 30 years of experience in this domain, and APMF capitalizes on that expertise, investing in a diverse collection of private equity fund interests supported by top-tier private equity sponsors primarily located in North America and Europe.
Performance and Growth of APMF
Since its inception in 2022, the APMF has witnessed significant growth, reaching approximately A$3 billion in assets under management (AUM) by late September 2024. Investors come to appreciate the fund's structure, which not only offers enhanced transparency but also quarterly liquidity—a feature that many investors find appealing.
Demand for Private Market Investments
The launch of APMF aligns perfectly with the rising interest in private markets within the global wealth channel. Ares Management has noted that there has been a substantial uptick in demand from investors in Australia and New Zealand, who are eager for more comprehensive access to private market assets. This enthusiasm is evident in Ares' other offerings, such as the Ares Global Credit Income Fund and Ares Diversified Credit Fund, which collectively raised over A$1.5 billion since their launch in the region.
Leadership Insights on Market Expansion
Teiki Benveniste, Managing Director and Head of Ares Wealth Management Solutions (AWMS) for Australia and New Zealand, shared insights on the evolving landscape: "We have observed a growing demand from wealth investors for wider access to private markets. Our aim is to provide a robust, institutional-quality suite of investment options globally, and the introduction of this private equity secondaries product is a testament to our commitment to this mission."
Strategic Approach to Investments
Barry Miller, CEO of APMF and Partner at the Ares Secondaries Group, elaborated on Ares' investment strategy. He stated, "For over three decades, Ares has established itself as a leader in sourcing and managing secondary investments. Our innovative approach, underpinned by data-driven insights, enables us to create value even amidst market fluctuations." This commitment to strategic investment places APMF in a strong position to cater to the evolving needs of its investors.
About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a distinguished global alternative investment manager that provides a balanced offering of primary and secondary investment solutions across various asset classes, including credit, real estate, private equity, and infrastructure. As of late September 2024, Ares managed approximately $464 billion in assets worldwide, supported by a talented workforce of over 3,100 employees.
About Ares Wealth Management Solutions
Within Ares, the Wealth Management Solutions division plays a critical role by overseeing the development, marketing, and distribution of innovative investment products tailored for the global wealth management channel. AWMS focuses on providing advisors and their clients access to premier investment opportunities that seek to foster portfolio growth. The goal is to support investments that are not just profitable but also strategic and adaptable to changing market conditions.
Frequently Asked Questions
What is the Ares Private Markets Fund?
The Ares Private Markets Fund (AUT) is an Australian-domiciled trust designed to give wholesale clients access to private equity investments through secondary market strategies.
Who can invest in the Ares Private Markets Fund?
The Fund is available to wholesale clients as defined in the Corporations Act 2001, making it suitable for high-net-worth individuals and institutional investors.
What are the key benefits of investing in APMF?
APMF offers investors access to a diversified portfolio of private equity funds, enhanced liquidity, and potential for attractive long-term returns.
How has APMF performed since its launch?
Since its launch in 2022, APMF has amassed around A$3 billion in assets and provided risk-adjusted returns while offering quarterly liquidity to its investors.
What distinguishes Ares Management Corporation from other investment firms?
Ares Management Corporation stands out due to its extensive experience in secondary investments, comprehensive investment solutions, and a strong commitment to generating long-term value for its investors.
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