The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Ares Management Corporation
Ares Management Corporation, a global alternative investment manager, has launched its first European long-term investment fund (“ELTIF”). The Ares European Strategic Income ELTIF Fund (AESIF ELTIF), is a semi-liquid perpetual direct lending fund that will provide individual investors in the European Economic Area with expanded access to Ares’ European Direct Lending strategy.

AESIF ELTIF is the latest offering through the wealth channel and its first under the updated ELTIF regime. Designed to deliver a diversified portfolio largely comprising directly-originated, senior secured floating-rate loans to businesses in Western Europe, AESIF ELTIF seeks to provide a durable income solution with downside protection and yield stability. AESIF ELTIF is intended to widen individual investor participation in Ares’ European Direct Lending strategy through lower investment minimums relative to traditional alternative investment products.

“We are pleased to further expand access to our leading European direct lending capabilities for individual investors in Europe, underscoring the strong demand for income-producing asset classes such as private credit,” Mark Serocold, partner and EMEA head of Wealth Management Solutions, said. “The updated ELTIF regime is aligned to our mission of democratising private markets investments, and we believe we will continue seeing a shift in allocations to the private markets as a wider pool of qualifying individual investors become eligible to participate.”

Since it launched its wealth channel in 2021, Ares has been scaling its wealth platform to deliver private markets access and education to financial advisors and their clients. Ares has a growing team of approximately 150 professionals located in offices throughout the US, Europe and Asia.