Ares Management Corporation announced that its Credit Group closed approximately $15.2 billion in U.S. direct lending commitments across 88 transactions in the third quarter of 2025. Notable transactions include Ares serving as administrative agent, joint lead arranger, and joint bookrunner for senior secured credit facilities supporting several acquisitions. These include AeriTek Global's acquisition of Due North (with Mill Point Capital), Clearlake's acquisition of Dun & Bradstreet, Integrum Holdings' acquisition of Stout, Warburg Pincus and Berkshire Partners' acquisition of The Triumph Group, and Goldman Sachs Asset Management's acquisition of Liquid Environmental Solutions. Additionally, Ares supported Constellation Wealth Capital's growth plans for Merit Financial Advisors with a senior secured credit facility.