Ares Management Corporation has entered into a definitive agreement for one of its affiliates to acquire the entire outstanding share capital of BlueCove Limited, a London-based systematic fixed income manager. The transaction, which follows Ares' initial minority equity stake in BlueCove in 2023, is expected to close in the first quarter of 2026, pending customary closing conditions. Upon completion, BlueCove will be integrated into Ares as part of the newly created Ares Systematic Credit strategy, led by Alex Khein and supported by a team of approximately 60 professionals. Hugh Willis will serve as Senior Advisor to the organization.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ares Management Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251029776962) on October 30, 2025, and is solely responsible for the information contained therein.