Tagged: ares management

August 8, 2024 @ 6:37 am By Omar Faridi  |  

Ares Management Corporation (NYSE:ARES) announced that funds managed by its Credit Group closed “approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months… Read More

September 10, 2021 @ 11:58 pm By Tony Zerucha  |  

Nuula, a Canadian Fintech company focused on small businesses, today announced $120 million in new funding. The total consists of $20 million in equity funding led by Edison Partners and a $100 million credit facility provided by funds managed by the Credit Group of Ares… Read More

March 12, 2018 @ 12:04 pm By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday the closing of a $35 million senior credit facility with Ares Management. The company stated it has the ability to increase the senior credit facility… Read More

November 4, 2015 @ 9:48 am By Samantha Hurst  |  

Atlanta-based FinTech direct loan provider, LendingPoint, announced on Wednesday the signing an additional credit facility for $5 million of incremental financing with Aeterna Capital Partners. This news comes on the heels of the recent funding capacity up to $100 million with funds managed by Ares… Read More

October 15, 2015 @ 8:35 am By JD Alois  |  

LendingPoint has announced the signing of a $100 million credit facility provided by funds managed by the Tradable Credit and Direct Lending Groups of Ares Management.  Ares Management is a publicly traded, global alternative asset manager with approximately $88 billion of assets under management as… Read More