Ares Launches $3.4 Billion Sale of European Lending Fund Stakes in Largest Credit Secondaries Deal
businessmergers-acquisitions 2 posts · 2 accounts
Ares is packaging $3.4 billion of bundled stakes in a flagship European direct-lending fund. The transaction, structured as a credit secondaries sale, marks one of the largest deals in the market’s history.
The size of the offering highlights the continued growth in secondary markets, with the total private credit secondaries market reaching $20 billion last year, up from $11 billion in 2024.
From the sources (2 posts)
@junkbondinvest$3.4bn PC secondaries sale by Ares. One of the largest ever in credit. The whole market only hit $20bn total last year, up from $11bn in 2024...
@businessAres Management is preparing to sell €3 billion ($3.4 billion) of bundled stakes in a flagship European direct-lending fund, one of the largest credit-secondaries deals ever