Ares grows credit 34% with direct lending boost, but high yield takes rough ride in Q4

By Michelle D'souza

Ares Management Corporation reported strong returns for its European direct lending strategies in the fourth quarter of 2018. But the firm's overall revenues slumped and its US loan funds and high yield strategies were hit by the volatile credit market 

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TAGS: Performance Fundraising Ares North America Europe Leveraged loans High yield bonds Direct lending