Ares Management (NYSE:ARES) faced rising redemption requests and increased outflows in Q2 that tightened liquidity and cut payouts to private-credit investors, even as the firm doubled down on growth by leading a $100 million funding round for the Premier Lacrosse League.
Previous Week Recap
- Ares Private-Credit Outflows Rise: Ares Management (ARES) saw rising investor redemption requests for its private-credit funds in Q2; asset outflows increased, and payouts declined versus Q1, signaling elevated liquidity pressure.
- Ares Leads $100M PLL Funding: Ares Management led a $100 million funding round in the Premier Lacrosse League, acting as lead institutional investor alongside other backers.
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.