Ares (ARES) has raised USD 8.5bln for its third Pathfinder fund focused on asset-backed debt, FT reports
Newsquawk StaffPublished On the live feed at — 8 more headlines followed before this page went public
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FT says active and passive fund managers may need to buy USD 14.2bln of SpaceX (SPCX) stock by 4th July to neutralise benchmark exposure after index methodology changes
Ukraine hit two Russian pumping stations; namely, Vtorovo and Lobkovo
Ares (ARES) has raised USD 8.5bln for its third Pathfinder fund focused on asset-backed debt, FT reports
[MARKET ANALYSIS] NOK outperforms after hot CPI, Antipodeans weaker after cool Chinese inflation
[MARKET ANALYSIS] Crude futures rangebound despite the US retaliation strikes; Spot Gold -2% heading into US CPI
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- 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%
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