Ares Management related stories
All articles and analysis
Correction: SEC charges ex-NY Common CIOIn a story dated 20 March, PERE reported that David Loglisci and Henry Morris, a former political advisor to the US public pension, allegedly extracted sham ‘finder’s fees’ from various private equity and hedge funds, including a vehicle run by Paladin. The story should have read Paladin Capital Group.
- Ares Commercial Real Estate files for IPO
The newly formed specialty finance company of alternative asset manager Ares Management has filed to go public as a REIT.
- New Jersey negotiates fee cuts
The $71bn pension system says cuts in fees it pays to investment managers will save it at least $40m over the next five years.
- CBRE nears ING deal; Clarion in management buyout
The Los Angeles-based investment manager is expected to announce imminently a deal to buy ING REIM’s Europe and Asia businesses, while the management of ING Clarion will lead a buyout of the US arm.
- TPG hires Westbrook managing principal, builds RE team
After 13 years with Westbrook Partners, Avi Banyasz will help David Bonderman’s private equity firm push further into the real estate asset class.
- Torres leaves Hudson Realty for Ares
The former managing director of capital markets at the New York-based real estate fund manager has joined Ares Management in a senior role within its real estate capital markets group.