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Stock Market & Financial Investment News

News Breaks
July 3, 2014
05:14 EDTARESAres Management to acquire Graphite Capital stake in London Square for GBP 110M
London Square announced that private equity and real estate funds managed by Ares Management have entered into definitive agreements to acquire the majority stake in the company from Graphite Capital for an equity value of GBP 110M. Ares Management’s funds, investing alongside management, will also deploy incremental capital to London Square’s development in Greater London, with the target of building 1,000 homes a year. The transaction is expected to close by the end of July.
News For ARES From The Last 14 Days
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March 23, 2015
06:06 EDTARESAres Management, GE Capital invests in package supporting KKR acquisition
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March 20, 2015
07:00 EDTARESAres Management acquires second German residential property portfolio
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March 18, 2015
08:10 EDTARESAres Management names Michael McFerran as CFO
Ares Management, L.P. (ARES) announced that it has appointed Michael R. McFerran as Executive VP, CFO and Treasurer, effective March 23. McFerran will assume firm-wide CFO and Treasurer responsibilities. McFerran was previously a Managing Director at Kohlberg Kravis Roberts & Co. L.P. (KKR) where he served as the CFO of KKR’s credit business and was the COO and CFO of KKR Financial Holdings LLC (KFN). Daniel F. Nguyen, Ares Management’s current CFO and Treasurer, will remain with Ares as CFO of the Ares Private Equity and Tradable Credit Groups and will continue his involvement with firm M&A activities. The CFO roles for each of the other two Ares investment groups, Direct Lending and Real Estate, will continue to be filled by Penni Roll and Tae-Sik Yoon, respectively. In addition, Roll will continue as CFO of Ares Capital Corporation (ARCC) and Yoon will continue as CFO of Ares Commercial Real Estate Corporation (ACRE).
07:18 EDTARESWells Fargo to hold a forum
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