Ares Private Credit Solutions II’s $5 Billion Fundraising

Proskauer advised Ares Management on the deal.

Ares Management, a leading global alternative investment manager, announced the final closing of Ares Private Credit Solutions II, L.P. (together with its parallel vehicles, the “Fund”).

With over $5 billion in total commitments closed, the Fund significantly exceeded its original target of $4 billion.

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes.

The Proskauer team included partners Chip Parsons (Picture) and Nicholas “Carter” Noon, and associates Kerry Shriver, Jennifer Hicks, Alicia Abboud, Shummi Chowdhury, Kimmi Pham and Amanda Eller (Private Funds); partner David Miller, and associates Janicelynn Park, Sean Webb and Tony Meyer (Tax); and senior counsel Adam Scoll (ERISA).

Involved fees earner: Alicia Abboud – Proskauer Rose; Janicelynn Asamoto Park – Proskauer Rose; Shummi Chowdhury – Proskauer Rose; Amanda Eller – Proskauer Rose; Kerry Shriver – Proskauer Rose; Jennifer Hicks – Proskauer Rose; David Miller – Proskauer Rose; Nicholas Noon – Proskauer Rose; Charles Parsons – Proskauer Rose; Kimmi Pham – Proskauer Rose; Adam Scoll – Proskauer Rose; Sean Webb – Proskauer Rose;

Law Firms: Proskauer Rose;

Clients: Ares Management Ltd;