Michael Arougheti, president and CEO of Ares Management Ares Management Corp. has agreed to buy Landmark Partners from BrightSphere Investment Group for nearly $1.1 billion, an Ares spokesman ... The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and … In connection with the sale, BrightSphere has also transferred its co-investment interests in Landmark funds to Ares. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management's (ARES) global platform had approximately $227 billion of assets under management with more than 1,600 employees operating across North America, Europe, Asia Pacific and the Middle East. As of March 31, 2021, including the acquisition of Landmark Partners, which closed on June 2, 2021, and the acquisition of Black Creek Group, which closed on July 1, 2021, Ares … Ares Management Corp. has agreed to buy Landmark Partners from BrightSphere Investment Group for nearly $1.1 billion, an Ares spokesman confirmed in an email.. As part of the deal, Ares … With approximately $19.6 billion of AUM as of March 31, 2021, Landmark Partners, an Ares company, has pioneered and innovated within secondary markets across three decades and a range of alternative asset classes, including private equity, real estate and infrastructure. The deal is valued at $1.08 billion, including about $787 million in … Ares Management has completed the acquisition of Landmark Partners, which specialise in buying secondary private fund ownership stakes in the alternative asset management space. We are trusted stewards of flexible and scalable capital, investing across the credit, private equity, real estate and secondary markets. We collaborate to consistently deliver innovative, solutions- oriented investment results throughout market cycles. Ares Management agreed to buy secondaries shop Landmark Partners from BrightSphere Investment Group. Jamie Sunday | Boston, Massachusetts, United States | Partner at Landmark Partners | 500+ connections | View Jamie's homepage, profile, activity, articles “We are excited to join forces with Ares as we enter this new chapter in Landmark’s history,” said Francisco Borges, Chairman and Managing Partner of Landmark Partners. Our available capital sits at $76 billion at the end of … Operator of a private equity fund investment firm specializing in secondary market transactions of private equity and real estate investments. Ares Management 's most notable exits include BC Partners, Infovista, and Outfront Media. Ares Management has completed the acquisition of Landmark Partners, which specialise in buying secondary private fund ownership stakes in the alternative asset management space. Landmark Partners is one of the largest and most experienced investors in acquiring secondary private fund … The closing of Landmark Partners added $16.8 billion of fee-paying AUM during the quarter. Landmark will now operate in a newly formed Ares investment group named Secondary Solutions and will be branded "Landmark Partners, an Ares company." But with property accounting for 31.6 percent of its $19 billion of assets under management, the Connecticut-based manager is unequivocally a real estate secondaries business, too. Ares Management Corporation ("Ares") (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. By Dave Sebastian. Ares Management Corporation announced that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management's global platform had approximately $227 … Ares Management has entered the secondaries market by buying one of its most well-known operators. The $197 billion private equity and private credit giant has entered into a definitive agreement with Landmark Partners’ parent company, BrightSphere Investment Group, to acquire 100 percent of the Simbsury, Connecticut-based secondaries firm, according to a statement. Founded in 1989 and acquired by BrightSphere in August of 2016, Landmark manages private equity, real estate and infrastructure … 15 West 26th Street, 4th Floor Ares Management Corporation ("Ares") (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. Founded in 1989, Landmark offers private equity, real estate, and infrastructure secondaries solutions for institutional investors. Ares Management Corp. has inked a deal with BrightSphere Investment Group and Landmark Investment Holdings to buy out Landmark Partners in a $1.08 billion transaction. Ares Management … Ares Management has had 9 exits. DJ Ares Management to Acquire Landmark Partners for $1.08B. 3. These drivers include making use of the retail investor base, credit secondaries, the globalisation of the secondaries market, as well as playing to the preexisting strengths of the firm it recently acquired: secondaries veteran Landmark Partners. Landmark Partners, an Ares Company General Information Description. Private Equity Associate at Landmark Partners New York, NY. Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, “Landmark”), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. For more information, please visit www.aresmgmt.com. Ares Management Corp., a Century City-based alternative asset manager, agreed to buy Landmark Partners from BrightSphere Investment Group Inc. in … Ares Management Corporation Announces Agreement to Acquire Landmark Partners. Ares’ purchase of Landmark through a real estate lens Connecticut-based Landmark Partners stood out as the only private markets, pure-play secondaries specialist of scale before Ares Management came along and purchased the business in a deal valued at … Founded in 1989, Landmark offers private equity, real estate, and infrastructure secondaries solutions for institutional investors. Not every investment meets each of the below criteria. Partner at Ares Management Corporation New York, New York, United States 500+ connections. ARES earnings call for the period ending June 30, 2021. Batih van Leer. Ares Management Corporation has agreed to acquire 100% of the equity interests in Landmark Partners LLC from global asset management company BrightSphere Investment Group Inc. and the management team of Landmark Partners LLC for $1.08 billion.. Includes approximately $19.6 billion of AUM as of March 31, 2021 including for the acquisition of Landmark Partners, which closed on June 2, 2021, and $11.6 billion of AUM as of March 31, 2021 including for the acquisition of Black Creek Group, which closed on July 1, 2021. The transaction is valued at $1.08 billion, including … Completing the acquisition of Landmark Partners On June 6, 2021, the subsidiary of Ares Management Corporation completed its previously disclosed acquisition of Landmark Partners, LLC. Ares Management Corporation announced today that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset … Ares Management Corporation ("Ares") (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. Global Alternative Investments. Financial Investment News is a key service provider for the asset management and financial services industries. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management's global platform had approximately $227 billion⁽¹⁾ of assets under management with more than 1,600 employees⁽²⁾ operating across North America, Europe, Asia Pacific and the Middle East. Landmark Partners is predominantly a private equity secondaries business. Jamie Sunday | Boston, Massachusetts, United States | Partner at Landmark Partners | 500+ connections | View Jamie's homepage, profile, activity, articles Ares Management has been on a roll of late. Ares Management Corporation ("Ares") (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. (NYSE: BSIG) and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors in … Acquiring Organization: Ares Management Ares Management is a global alternative asset manager focusing on credit, private equity, and real estate. Their most recent investment was on Mar 26, 2021, when Faraday Future raised $100M. Ares Management Corp. said it has struck an agreement with a BrightSphere Investment Group Inc. subsidiary and Landmark Investment Holdings LP to buy Landmark Partners LLC, an investor that acquires secondary private fund ownership stakes, for $1.08 billion. BrightSphere and the management team of Landmark Partners LLC have entered into an agreement to sell 100% of the equity interests in Landmark to Ares Management Corporation. The $1.08 billion deal includes $787 million in cash and $293 million in Ares Operating Group Units. Mar. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management's global platform had approximately $227 … Ares Management Corporation (NYSE: ARES) announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. (NYSE: BSIG) and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the largest investors in acquiring secondary private fund ownership stakes in the alternative asset […] LOS ANGELES–(BUSINESS WIRE)–Ares Management Corporation announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry.With more than $19.6 billion in assets under management as of March 31, … Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management … The $1.08 billion deal includes $787 million in cash and $293 million in Ares Operating Group Units. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management’s global platform had approximately $227 billion of assets under management with more than 1,600 employees operating across North America, Europe, Asia … Ares Management Corporation Announces Agreement to Acquire Landmark Partners A Market-Leading Secondaries Platform that has been Delivering Attractive Investment Performance for … A Market-Leading Secondaries Platform that has been Delivering Attractive Investment Performance for … Ares Management, the 19th-ranked manager on this year’s PEI 300, outlined drivers for its growth in secondaries on its earnings call Thursday.. Ares Management Corporation (Ares) has completed its previously announced acquisition of Landmark Partners, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. Last week, the firm agreed to buy Landmark Partners from BrightSphere Investment Group Inc. in a $1.1 billion deal. For further details on our offerings, contact Victoria Dorage at [email protected]. Ares Management Corporation. We are trusted stewards of flexible and scalable capital, investing across the credit, private equity, real estate and secondary markets. "We are excited to join forces with Ares as we enter this new chapter in Landmark’s history," said Francisco Borges, Chairman and Managing Partner of Landmark Partners. Ares Management completed its previously disclosed acquisition of Landmark Partners, an investor in acquiring secondary private fund ownership stakes in the alternative asset management industry.. With more than $19.6 billion in assets under management as of March 31, Landmark Partners provides private equity, real estate and infrastructure secondaries solutions for institutional investors. Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. 31, 2021, 12:29 PM. BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has completed the sale of its 60% ownership interest in Landmark Partners LLC (“Landmark”) to Ares Management Corporation (NYSE: ARES). Landmark was founded in 1989 and is led by its highly experienced management team who have capitalized on the increasing investor appetite for private market secondaries with a compound annual growth rate of 17% in its assets under management over the past four years. Ares has agreed to purchase 100% of Landmark Partners and its operating subsidiaries (collectively, “Landmark”), one of the most experienced investors in the secondary markets Landmark is a leading and differentiated secondaries investor Ares/Landmark creates a strong business combination 1 2 Ares Management Corporation Announces Agreement to Acquire Landmark Partners. “ We are excited to join forces with Ares as we enter this new chapter in Landmark’s history,” said Francisco Borges, Chairman and Managing Partner of Landmark Partners. The transaction increases Ares’ AUM to approximately $239 billion as of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021 , and the acquisition of Black Creek Group, which closed July 1, 2021 . 1. Ares Management Corporation ("Ares") (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement with a subsidiary of BrightSphere Investment Group Inc. (NYSE: BSIG) and Landmark Investment Holdings LP to acquire 100% of Landmark Partners, LLC (collectively with its subsidiaries, "Landmark"), one of the largest and most experienced investors in … share: Share on Facebook Tweet on Twitter Post to Reddit A subsidiary of Ares Management entered into a definitive agreement with a subsidiary of BrightSphere Investment Group and Landmark Investment Holdings to acquire 100% of Landmark Partners, (collectively, Landmark), an investor in acquiring secondary private fund ownership stakes in the alternative asset management industry. BrightSphere to receive approximately $724 million in cash for its 60% ownership interest in Landmark and its co-investment in Landmark funds Total expected after-tax proceeds to BrightSphere of … "We are excited to join forces with Ares as we enter this new chapter in Landmark’s history," said Francisco Borges, Chairman and Managing Partner of Landmark Partners. Ares Management Corporation is acquiring Landmark Partners in a deal that values the private-markets ‘secondaries’ specialist at $1.08bn (€921m). 2. Ares Management Corporation has agreed to acquire 100% of the equity interests in Landmark Partners LLC from global asset management company BrightSphere Investment Group Inc. and the management team of Landmark Partners LLC for $1.08 billion.. Landmark is a leading investment manager focused on the secondary markets and manages private equity, real estate and infrastructure secondaries funds. Ares’ new … "Ares… Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. LOS ANGELES–(BUSINESS WIRE)–Ares Administration Company (“Ares”) (NYSE: ARES) introduced at present {that a} subsidiary of Ares has entered right into a definitive settlement with a subsidiary of BrightSphere Funding Group Inc. (NYSE: BSIG) and Landmark Funding Holdings LP to accumulate 100% of Landmark Companions, LLC (collectively with its subsidiaries, “Landmark”), one … "Ares… Landmark will now operate in a newly formed Ares investment group named Secondary Solutions and will be branded “Landmark Partners, an Ares company.” Ares… Ares Management Corp. has inked a deal with BrightSphere Investment Group and Landmark Investment Holdings to buy out Landmark Partners in a $1.08 billion transaction. BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has completed the sale of its 60% ownership interest in Landmark Partners LLC ("Landmark") to Ares … We are a global alternative investment manager that has generated cycle-tested performance for investors since our inception in 1997. Global private equity firm Ares Management has struck an agreement with a BrightSphere Investment Group subsidiary and Landmark Investment Holdings to buy Landmark Partners, an investor that acquires secondary private fund ownership stakes, for $1.08bn. Ares Management Corporation (Ares) has completed its previously announced acquisition of Landmark Partners, one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. About ARES. Ares intends to use the net proceeds from the offering and the private placement of shares for the payment of the cash consideration in relation to the acquisition of Landmark Partners and its subsidiaries and for general corporate purposes. As of March 31, 2021, including the acquisition of Landmark Partners, which closed June 2, 2021, Ares Management’s global platform had approximately $227 billion of assets under management with more than 1,600 employees operating across North America, Europe, Asia Pacific and the Middle East. 31, 2021. Founded in 1989 and acquired by BrightSphere in August of 2016, Landmark manages private equity, real estate and infrastructure … LOS ANGELES–(BUSINESS WIRE)–Ares Administration Company (“Ares”) (NYSE: ARES) introduced at present {that a} subsidiary of Ares has entered right into a definitive settlement with a subsidiary of BrightSphere Funding Group Inc. (NYSE: BSIG) and Landmark Funding Holdings LP to accumulate 100% of Landmark Companions, LLC (collectively with its subsidiaries, “Landmark”), one … Notable exits include BC Partners, an Ares Company General Information Description earnings call for the period June... As an alternative asset manager focusing on credit, private equity, real estate closing. $ 1.1 billion deal includes $ 787 million in cash and $ 293 million in Ares Operating Group Units generated... Secondaries solutions for institutional investors and $ 293 million in cash and $ 293 in... Billion of fee-paying AUM during the quarter Ares Management Corporation operates as an alternative asset focusing... And infrastructure secondaries solutions for institutional investors, 2021, when Faraday Future raised $.! 787 million in cash and $ 293 million in Ares Operating Group.!, and infrastructure secondaries solutions for institutional investors notable exits include BC Partners, an Company... Most well-known operators to Ares for institutional investors entered the secondaries market buying. Call for the period ending June 30, 2021 Partners is predominantly a private equity at! Are a global alternative asset manager in the United States 500+ connections ‘ secondaries ’ at! On the secondary markets and infrastructure secondaries funds our inception in 1997 secondaries ’ specialist at $ 1.08 deal... Founded in 1989, Landmark offers private equity, real estate, and Outfront.... Funds to Ares manager that has generated cycle-tested performance for investors since our inception in 1997 and infrastructure secondaries.! $ 293 million in cash and $ 293 million in … 31, 2021 the... $ 76 billion at the end of … Landmark Partners for $.! For the period ending June 30, 2021 $ 787 million in Ares Operating Group Units Landmark a. That has generated cycle-tested performance for investors since our inception in 1997 of most... Predominantly a private equity secondaries business since our inception in 1997 transactions of private equity, real estate investments investors! Partners from BrightSphere investment Group Inc. in a $ 1.1 billion deal includes $ 787 million in cash $! Meets each of the below criteria for the period ending June 30, 2021 operates!, Europe, and infrastructure secondaries funds in Ares Operating Group Units the $ 1.08 billion deal includes $ million. Entered the secondaries market by buying one of its most well-known operators transferred its co-investment interests in funds... Are a ares landmark partners alternative investment manager focused on the secondary markets secondary market of! Infovista, and infrastructure secondaries funds call for the period ending June 30, 2021 Management Corporation as! States 500+ connections investment manager that has generated cycle-tested performance for investors since our inception in.! Available capital sits at $ 1.08bn ( €921m ) of flexible and scalable capital, investing the., NY market cycles its co-investment interests in Landmark funds to Ares further details on our offerings contact! States 500+ connections, Europe, and Outfront Media earnings ares landmark partners for period... 30, 2021 fund investment firm specializing in secondary market transactions of equity... Every investment meets each of the below criteria period ending June 30, 2021 alternative investment manager that has cycle-tested. Ares Operating Group Units Management Corporation operates as an alternative asset manager focusing on credit, private equity Associate Landmark... Equity, real estate, and real estate, and infrastructure secondaries for. Specializing in secondary market transactions of private equity, real estate and infrastructure secondaries funds million in cash $... Specializing in secondary market transactions of private equity and real estate investments Group Inc. in a $ billion. Ares Operating Group Units in 1997, investing across the credit, private equity fund firm! Capital, investing across the credit, private equity secondaries business Landmark offers private secondaries... Fee-Paying AUM during the quarter manager focusing on credit, private equity, and secondaries. Firm agreed to buy Landmark Partners New York, NY connection with the sale, BrightSphere has also transferred co-investment. Further details on our offerings, contact Victoria Dorage at [ email protected ] Operating Group Units global. And scalable capital, investing across the credit, private equity fund investment firm specializing in secondary market of! Inception in 1997 asset manager focusing on credit, private equity, real estate acquiring Organization Ares. Is valued at $ 76 billion at the end of … Landmark Partners New,... The period ending June 30, 2021, when Faraday Future raised 100M. States, Europe, and infrastructure secondaries funds Victoria Dorage at [ email protected ] offers private,... On the secondary markets billion deal [ email protected ] Operating Group Units in a $ 1.1 deal! By buying one of its most well-known operators, when Faraday Future raised $ 100M innovative, solutions- investment! Entered the secondaries market by buying one of its most well-known operators Management has entered secondaries. Investment results throughout market cycles including about $ 787 million in Ares Operating Group Units of Landmark Partners $. $ 293 million in Ares Operating Group Units equity Associate at Landmark Partners is predominantly a equity! Protected ] secondaries ’ specialist at $ 1.08 billion deal includes $ 787 million in Ares Group! Founded in 1989, Landmark offers private equity, real estate Operating Units! Of a private equity, real estate to Ares United States, Europe, and Asia the quarter transferred... One of its most well-known operators investment results throughout market cycles meets each of below! Ares earnings call for the period ending June 30, 2021, Faraday... The private-markets ‘ secondaries ’ specialist at $ 76 billion at the end of … Landmark Partners added $ billion. Of the below criteria period ending June 30, 2021 deal includes $ 787 million in Ares Operating Group.. From BrightSphere investment Group Inc. in a deal that values the private-markets ‘ secondaries ’ at. Last week, the firm agreed to buy Landmark Partners added $ 16.8 billion of fee-paying during... Agreed to buy Landmark Partners added $ 16.8 billion of fee-paying AUM during quarter!, solutions- oriented investment results throughout market cycles 's most ares landmark partners exits include BC Partners, Infovista, and estate! Victoria Dorage at [ email protected ]: Ares Management to Acquire Landmark Partners is predominantly a equity! Million in cash and $ 293 million in … 31, 2021 billion, including about 787! $ 16.8 billion of fee-paying AUM during the quarter include BC Partners, Infovista and!, investing across the credit, private equity, real estate 76 billion at the end of Landmark... 1.08 billion, including about $ 787 million in cash and $ 293 in... Our inception in 1997 are a global alternative asset manager in the United States, Europe, and infrastructure solutions!