Ares Achieves Record $36 Billion in Private Credit Fundraising
By EC Assets · Published
Ares has accumulated $36 billion in private credit fundraising. This fundraising marks a record for the firm. The capital raise highlights ongoing momentum in the private credit sector. Electronic Arts, a videogame publisher, is slated for privatization. This move will create an opening in the S&P 500 benchmark index. Several companies are potential candidates to join the index. Second, quarter private sector wage gains contributed to an increase in US labor costs. The underlying trend in labor costs remains benign. This article is intended for informational purposes only. It does not constitute investment advice.
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