Ares Management (ARES) said Monday that funds managed by its credit group closed approximately $11.5 billion in direct lending commitments among 81 deals in the US during Q1.
The company also said there were approximately $50.4 billion in direct lending commitments among 351 transactions for the 12 months ended March 31.
Shares of Ares Management were up 1.2% in recent premarket activity.
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