Key facts
- Ares Management has raised $8.5 billion for its latest specialty credit fund.
- The fund is the third in the company's Pathfinder series and focuses on complex asset-backed debt.
- An additional $4 billion was raised through recommitted capital from investors in a previous Ares fund.
- This fundraising follows a record first-quarter for Ares Management, which raised approximately $30 billion.
- The asset manager has seen a 50% increase in direct institutional clients between 2022 and 2025.
Alternative asset manager Ares Management has successfully raised $8.5 billion for its latest specialty credit fund, the third in its Pathfinder series, according to a report by the Financial Times. This fund is noted as one of the largest closed-end funds focused on complex asset-backed debt.