Ares Management Corporation Highlights Second Quarter and Last Twelve Months U.S. Direct Lending Commitments
Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation's Credit Group (collectively "Ares") closed approximately $9.0 billion in commitments across 77 transactions during the second quarter of 2021 and approximately $21.8 billion in commitments across 221 transactions in the last twelve-month period ended June 30, 2021. This compares to the $1.7 billion in commitments closed across 24 transactions during the second quarter of 2020 and approximately $12.3 billion in commitments across 174 transactions in the twelve-month period ended June 30, 2020.
Below is a description of selected transactions that Ares closed during the second quarter.
DecoPac / Kohlberg & Co.
Global Healthcare Exchange / Temasek
High Street Insurance Partners / Abry Partners
Insightful Science / Insight Partners
Mavis Tire Express Services Corp. / BayPine Partners and TSG Consumer Partners
Nivel Parts & Manufacturing / Morgan Stanley Private Equity
Osmose Utilities Services, Inc. / EQT Partners
Scholl's Wellness Company / Yellow Wood Partners
About Ares Management Corporation
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