Ares Management partnered with The Scion Group to acquire a student housing portfolio from Harrison Street Asset Management for $910 million, while simultaneously reporting a robust $399.6 billion in fee-paying assets under management.
On the latest episode of Exchanges at Goldman Sachs, host Allison Nathan brought in Michael Arrighetti of Ares Management to address the structural integrity of private credit. Arrighetti remains unbothered by market tremors, stating that he is "not concerned about the surge in redemption requests or the bigger risk that they could trigger crisis-inducing fire sales."
While Fitch Ratings has affirmed the firm's 'A-' rating, the podcast discourse remains focused on whether firms like Ares Management can maintain this composure if liquidity tightens further. Nathan is positioning these conversations alongside experts like Howard Marks to stress-test the industry's narrative as the firm expands its BDC portfolio.
