Kevin Alexander's New Role at Ares Management
Ares Management Corporation (NYSE: ARES) has exciting news as it announces the promotion of Kevin Alexander to Co-Head of Alternative Credit. This advancement comes alongside his colleagues Keith Ashton and Joel Holsinger, marking a significant step for Ares as it continues to grow and adapt in the alternative credit sector.
Kevin's Journey in Alternative Credit
Joining Ares in 2019, Mr. Alexander quickly became an influential figure within the Alternative Credit team, contributing to its expansion and success. His pivotal role in investment origination and structuring has not gone unnoticed. Currently, he is involved in various investment committees, showcasing his commitment and expertise in the field.
Impressive Leadership Background
Before his tenure at Ares, Alexander had a distinguished career at Natixis CIB Americas, where he served as Deputy CEO and led the Americas Global Markets and Investment Banking divisions. His extensive experience, which began at the prestigious Federal Reserve Bank of New York, equips him with over 27 years in the financial industry.
Statements of Support
Mr. Holsinger expressed enthusiasm about Alexander’s appointment, indicating that it emphasizes Ares' commitment to maintaining leadership in asset-based credit. He noted Alexander’s remarkable investing skills and his unique ability to cultivate a collaborative team environment, further strengthening Ares' mission.
Building a Stronger Team Culture
Ashton echoed this sentiment, highlighting Alexander's capacity for nurturing team growth while scaling the investing capabilities of the firm. This strengthened leadership team is expected to result in enhanced engagement and increased thought leadership regarding the opportunities in the asset-based credit market.
Alexander's Vision for Alternative Credit
Kevin Alexander shared his excitement about leading the Alternative Credit team. He expressed gratitude for the opportunity and praised the team's dedication to providing alternative credit solutions. His commitment not only lies in investment returns but also in giving back to the community, emphasizing Ares' focus on social impact.
Ares Management's Strategy and Impact
The Ares Alternative Credit strategy is a powerhouse in asset-based credit, boasting assets under management of approximately $43.1 billion as of September 30, 2024. The team focuses on various sectors, including specialty finance and equipment leasing, seeking diversified and attractive investment opportunities.
Commitment to Social Responsibility
Ares is dedicated to aligning its investment strategies with a positive social impact. The firm has pledged to donate part of its performance fees from certain funds towards global health and education charities, reflecting its commitment to give back to society.
About Ares Management Corporation
Ares Management Corporation, traded under the ticker symbol NYSE: ARES, is recognized as a leading global alternative investment manager. The company provides alternatives across various asset classes, including credit, real estate, private equity, and infrastructure. As of September 30, 2024, Ares manages about $464 billion in assets, supported by over 3,100 employees worldwide. Their goal is to deliver substantial capital and create enduring value for stakeholders while engaging meaningfully with communities.
Frequently Asked Questions
Who is Kevin Alexander?
Kevin Alexander is the newly appointed Co-Head of Alternative Credit at Ares Management Corporation, promoting efforts in asset-based credit solutions.
What is the Ares Alternative Credit strategy?
The Ares Alternative Credit strategy focuses on investing in asset-based credit, managing approximately $43.1 billion in assets as of September 30, 2024.
How long has Kevin Alexander worked at Ares?
Kevin Alexander has been with Ares Management since 2019 and has been a vital figure in the growth of the Alternative Credit team.
What is Ares Management Corporation known for?
Ares Management Corporation is known for its expertise in alternative investments, managing a diverse portfolio across credit, real estate, private equity, and infrastructure.
How does Ares contribute to social welfare?
Ares is committed to donating a portion of its performance fees to support global health and education initiatives, reflecting their focus on social responsibility.
