LOS ANGELES--(BUSINESS WIRE)--
Ares Management Corporation (NYSE: ARES) announced today that two senior
professionals have joined Ares Management’s Credit Group to expand its
focus on asset financing across alternative credit and the financial
services industry. These new hires reflect Ares’ continued commitment to
expand its investing activities in the credit markets.
Kevin Alexander will lead investment origination and structuring of
Specialty Assets within Ares’ Alternative Credit strategy. Alternative
Credit is Ares’ home for investment opportunities that fall outside of
traditional, well-defined markets such as corporate debt, real estate
and private equity. Mr. Alexander joins as a Partner and will be based
in Ares’ New York office, reporting to Keith Ashton, Partner and Co-Head
of Alternative Credit. Mr. Alexander joins Ares from Natixis, where he
most recently served as Deputy CEO, Americas and Head of Global Markets,
Americas. He has more than 20 years of direct industry experience,
including 18 years at Natixis. At Natixis, he was responsible for
supervising teams across fixed income, commodities, equities, structured
credit, treasury, relationship management and financial analytics.
Scott Rosen will help lead investment origination and structuring of
investments in the financial services industry, including specialty
finance, asset management, investment distribution, insurance brokerage
and services, financial technology and other financial services
providers. Mr. Rosen joins as a Managing Director on the U.S. Direct
Lending team, reporting to Kipp deVeer, Partner and Head of the Ares
Credit Group. With more than 18 years of experience, Mr. Rosen was
previously a Partner at Solar Capital Partners where he was the Head of
Lender Finance and helped manage and structure their strategic
commercial finance equity investments. Prior to this, Mr. Rosen also
worked at Wellspring Capital Management and CIBC World Markets.
“Kevin and Scott are industry veterans that we have known for some time,
and they are respected across the credit markets. They add deep
structured markets expertise and have an extensive network of
relationships that we believe will significantly enhance our ability to
develop proprietary investment opportunities for our investors and
innovative capital solutions for our borrowers,” said Kipp deVeer,
Partner and Head of the Ares Credit Group.
“We are excited to have Kevin and Scott join us as we grow and expand
our credit strategies. Their strong market relationships and scope of
experiences will help us deliver non-traditional solutions and
attractive Alternative Credit investment opportunities to our clients,”
said Keith Ashton, Partner and Co-Head of Alternative Credit.
About Ares Management Corporation
Ares Management Corporation is a publicly traded, leading global
alternative asset manager with approximately $137 billion of assets
under management as of March 31, 2019 and 18 offices in the United
States, Europe, Asia and Australia. Since its inception in 1997, Ares
has adhered to a disciplined investment philosophy that focuses on
delivering strong risk-adjusted investment returns throughout market
cycles. Ares believes each of its three distinct but complementary
investment groups in Credit, Private Equity and Real Estate is a market
leader based on assets under management and investment performance. Ares
was built upon the fundamental principle that each group benefits from
being part of the greater whole. For more information, visit www.aresmgmt.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190607005077/en/
Media:
Mendel Communications
Bill Mendel, 212-397-1030
[email protected]
or
Investors:
Ares
Management Corporation
Carl Drake, 800-340-6597
[email protected]
or
Priscila
Roney, 212-808-1185
[email protected]
Source: Ares Management Corporation
