Ares Management Corp. held its final closing of its Infrastructure Debt Fund V on Dec. 29 at approximately $5 billion, a press release announced on Jan. 11.
The fund was focused on making subordinated investments across the energy, utilities, digital, renewables and transportation sectors, Ares said in the release.
"By adding the Infrastructure Debt strategy to the Ares platform, we have been able to provide our investors a meaningful opportunity to participate in the expanding infrastructure market," partner and co-head of the Ares Credit Group Michael Smith commented in the release.
"As a leader in private credit and infrastructure debt, we seek to provide one-stop financing solutions for essential infrastructure projects and companies," he continued. "Our scale and flexibility have allowed us to create sustainable, long-term partnerships across the world, further enhancing the value we can provide our investors."
Headquartered in New York, Ares' infrastructure debt team has committed approximately $10.4 billion to more than 60 assets across the U.S., Europe, Australia and Asia since 2011.
Recommended Reading
LNG, Crude Markets and Tariffs Muddy Analysts’ 2025 Outlooks
2024-12-12 - Energy demand is forecast to grow as data centers gobble up more electricity and LNG liquefaction capacity comes online in North America, but gasoline demand may peak by 2025, analysts say.
Paisie: Favorable Fundamentals Will Lift 4Q Crude Prices
2024-11-20 - China, OPEC+ and the Middle East continue to feed volatility into the oil market.
Oil Prices Jump 4% on US Storm, Israel-Iran Fears
2024-10-10 - Oil prices jumped about 4% on Oct. 10 on a spike in U.S. fuel use before Hurricane Milton barreled across Florida, Middle East supply risks and signs that demand for energy could grow in the U.S. and China.
Oil Rises 1% as Investors Digest US Election Fallout
2024-11-07 - Oil prices rose nearly 1% on Nov. 7 following the U.S. election results and as Hurricane Rafael rolls into the Gulf of Mexico.
Paisie: With Oil Prices, It’s All About the Economy
2024-12-20 - One of the keys to pricing is whether global conflicts curtail the flow of oil. They have not.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.