Ares (ARES) has raised USD 8.5bln for its third Pathfinder fund focused on asset-backed debt, FT reports
Newsquawk Staff ·
- The total includes USD 4bln recommitted by investors from an earlier Ares vehicle
- The preceding fund raised USD 6.6bln in 2023 and has reported post-fee returns of 16%
Sources
- US Market Wrap: Stocks gain as tech earnings begin
- US waives Russian diesel tax record requirements for buyers
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- Ukrainian President Zelensky says supports US proposal for trilateral talks at level of negotiators as soon as possible; Ukraine hopes for meeting not later than early November; Meeting could discuss peace and possible leaders’ summit
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
Related headlines
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan5 hours ago
- Russian Kremlin Aide Ushakov says the conflict in Ukraine is nearing an end, IFX reports7 hours ago
- Newsquawk European Market Wrap - 21st October 20267 hours ago
- US President Trump says on embassy staff told to depart, says don't know that they are; we continue to beat Iran1 hour ago
- US President Trump says he had a good meeting on cyber; On embassy staff told to depart, says don't know that they are1 hour ago
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran2 hours ago
- US President Trump says closest they've ever been to settling Ukraine/Russia war2 hours ago
- Lam Research (LRCX) Q1 2027 (USD): Adj. EPS 2.20 (exp. 2.18), Revenue 8.22bln (exp. 8.13bln), 1 hour ago
- Meta Platforms Inc (META) Q3 2026 (USD): EPS 3.83 (exp. 6.67), Revenue 64.6bln (exp. 63.31bln)1 hour ago
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy4 hours ago
- US EQUITY OPEN: Indices in the green underpinned by SPCX & SMCI as Mag-7 earnings await after-hours 7 hours ago
- Newsquawk Daily US Earnings Estimates - 22nd October 2026: BX, LMT, VLO, PG, UNP, WDC, NEM, SPOT5 hours ago
- US Treasury sells USD 13bln of 20-year bonds; tails 0.9bps4 hours ago
- Auction History: US Treasury to sell USD 13bln of 20-year bonds on 21st October; to settle on 22nd October5 hours ago
- Newsquawk Daily Asia-Pac Opening News - 22nd October 20261 hour ago