Private credit group Ares draws nearly $20bn from investors
Real estate and infrastructure commitments help offset weakness in group’s core business
Real estate and infrastructure commitments help offset weakness in group’s core business

Michael Arougheti says private credit-focused firm has ‘a lot of financial capacity to buy’

Big groups including Apollo, Ares and Blackstone were hit with redemption requests at start of 2026

Redemption requests across industry surge as exodus of wealthy individuals accelerates

Diversification is the foundation of good investing

Private credit groups, hedge funds and other institutions account for more than half of global financial assets

Firms like Apollo find it hard to shake narratives formed by legacy private equity and distressed debt operations