Ares Management Corporation closed $9.3bn in U.S. direct lending commitments in Q1 2024.

Ares Management Corporation closed $9.3bn in U.S. direct lending commitments across 71 transactions in Q1 2024, bringing its total to $29.6bn in the past 12 months. The company provided funding for companies like Aptean, a leading ERP software provider, and The Ardonagh Group, a global insurance broker. Ares' involvement in U.S. direct lending market supports the growth plans of these businesses.