https://www.buyoutsinsider.com/ares-managements-p…
Seems like Ares' head of ASOF is leaving, perhaps tied to the strategy being rolled into the credit arm of the firm. Anyone in the know as to where he's headed and what this means for ASOF?
| +205 | PE Recruiting Prep Guide - 2024 | 23 | 6h | |
| +32 | Is PE worth it? | 19 | 1d | |
| +31 | MF PE Analyst Programs Ranked | 32 | 8h | |
| +28 | Is Thoma Bravo fucked? | 17 | 4d | |
| +23 | PE Tier List - Any ideas? | 19 | 3h | |
| +20 | PE and Balance Sheet Heavy Businesses | 6 | 2d | |
| +18 | For PE folks who don’t make partner, how much $ is left on the table? | 6 | 9h | |
| +18 | Down after rejection | 8 | 5d | |
| +16 | How to exit from Continental Europe IB to London PE? | 5 | 55m | |
| +16 | deferred revenue impact on 3 statements | 12 | 18h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Bump!
Not surprising given Ares's heritage was always on the credit side. You've seen the opposite happen generally across the broader private markets landscape with standout PE managers launching crappy private credit funds/vehicles. I expect most of these to blow up over the next couple years or promptly shuttered. Last year, all recruiters were trying to place either private credit or infra roles. Heading into this year, not so much as a peep and PE recruitment is actually picking up. I think most expect a consolidation of not only players in this space but more streamlined strategies/fund offerings. It's just been such a messy expansion across the board as firms tried to AUM gather the last 3-4 years in particular.
Gonna be bloody out there.
Ex deleniti aliquid nihil. Consectetur reiciendis placeat molestiae est nobis error. Laborum qui officia et rerum deleniti nemo quia. Officiis pariatur magnam a iste qui quasi dolor omnis.
Dolores sint tenetur necessitatibus. Quia nihil cumque voluptatem aut sit. Eaque voluptates nihil iure dolorum. Repellat ipsum excepturi animi temporibus sapiente eum officia. Est dolores incidunt molestiae occaecati praesentium quia. Sunt eos nam pariatur sed recusandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...