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Ares Management Appoints Kevin Alexander as Co-Head of Alternative Credit

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Ares Management (NYSE: ARES) has promoted Kevin Alexander to Co-Head of Alternative Credit, joining current Co-Heads Keith Ashton and Joel Holsinger. Alexander, who joined Ares in 2019, has been instrumental in the strategy's investment origination and structuring efforts. He brings over 27 years of industry experience, including 20 years at Natixis CIB Americas where he served as Deputy CEO.

The Alternative Credit strategy at Ares is a major player in asset-based credit with $43.1 billion in assets under management as of September 30, 2024. The team focuses on investments across various sectors including specialty finance, lender finance, equipment leasing, structured products, and net lease. The strategy includes the Pathfinder family of funds, where portfolio managers commit to donate a portion of performance fees to global health and education charities.

Ares Management (NYSE: ARES) ha promosso Kevin Alexander a Co-Head del Credito Alternativo, unendosi ai Co-Head attuali Keith Ashton e Joel Holsinger. Alexander, che è entrato in Ares nel 2019, è stato fondamentale negli sforzi di origine e strutturazione degli investimenti della strategia. Porta con sé oltre 27 anni di esperienza nel settore, inclusi 20 anni in Natixis CIB Americas, dove ha ricoperto il ruolo di CEO delegato.

La strategia di Credito Alternativo di Ares è un attore importante nel credito basato su attivi con 43,1 miliardi di dollari di attivi in gestione al 30 settembre 2024. Il team si concentra su investimenti in vari settori, inclusi finanza specializzata, finanza dei prestatori, leasing di attrezzature, prodotti strutturati e leasing netto. La strategia include la famiglia di fondi Pathfinder, dove i gestori di portafoglio si impegnano a donare una parte delle commissioni sui risultati a organizzazioni benefiche globali che si occupano di salute e istruzione.

Ares Management (NYSE: ARES) ha promovido a Kevin Alexander como Co-Head de Crédito Alternativo, uniéndose a los Co-Heads actuales Keith Ashton y Joel Holsinger. Alexander, quien se unió a Ares en 2019, ha sido fundamental en los esfuerzos de origen y estructuración de inversiones de la estrategia. Aporta más de 27 años de experiencia en la industria, incluyendo 20 años en Natixis CIB Americas, donde se desempeñó como CEO adjunto.

La estrategia de Crédito Alternativo de Ares es un jugador importante en el crédito basado en activos con 43,1 mil millones de dólares en activos bajo gestión a partir del 30 de septiembre de 2024. El equipo se enfoca en inversiones en diversos sectores, incluyendo finanzas especializadas, finanzas de prestamistas, arrendamiento de equipos, productos estructurados y arrendamientos netos. La estrategia incluye la familia de fondos Pathfinder, donde los gerentes de cartera se comprometen a donar una parte de las comisiones de rendimiento a organizaciones benéficas globales en salud y educación.

Ares Management (NYSE: ARES)는 Kevin Alexander를 대체 신용의 공동 책임자로 승진시켜 현재 공동 책임자 Keith Ashton 및 Joel Holsinger와 합류하게 했습니다. Alexander는 2019년 Ares에 합류하였으며, 이 전략의 투자 유치 및 구조화 작업에 중요한 역할을 하였습니다. 그는 27년 이상의 산업 경험을 갖고 있으며, 그 중 20년은 Natixis CIB Americas에서 부 CEO로 재직하였습니다.

Ares의 대체 신용 전략은 2024년 9월 30일 기준으로 431억 달러의 자산을 관리하는 자산 기반 신용의 주요 플레이어입니다. 팀은 특수 금융, 대출 금융, 장비 임대, 구조화 상품 및 순 임대를 포함한 다양한 섹터에 걸쳐 투자하는 데 집중하고 있습니다. 이 전략에는 포트폴리오 관리자들이 글로벌 건강 및 교육 자선 단체에 성과 수수료의 일부를 기부하겠다고 약속하는 Pathfinder 자금 가족이 포함됩니다.

Ares Management (NYSE: ARES) a promu Kevin Alexander au poste de Co-Head de Crédit Alternatif, rejoignant les Co-Heads actuels Keith Ashton et Joel Holsinger. Alexander, qui a rejoint Ares en 2019, a joué un rôle clé dans l'origine et la structuration des investissements de la stratégie. Il apporte plus de 27 ans d'expérience dans le secteur, dont 20 ans chez Natixis CIB Americas, où il a exercé les fonctions de PDG adjoint.

La stratégie de Crédit Alternatif d'Ares est un acteur majeur dans le crédit basé sur des actifs avec 43,1 milliards de dollars d'actifs sous gestion au 30 septembre 2024. L'équipe se concentre sur des investissements dans divers secteurs, y compris la finance spécialisée, le financement des prêteurs, la location d'équipement, les produits structurés et la location nette. La stratégie comprend la famille de fonds Pathfinder, où les gestionnaires de portefeuille s'engagent à donner une partie des frais de performance à des œuvres caritatives mondiales dans les domaines de la santé et de l'éducation.

Ares Management (NYSE: ARES) hat Kevin Alexander zum Co-Head des Alternativen Kredits befördert, der sich den aktuellen Co-Heads Keith Ashton und Joel Holsinger anschließt. Alexander, der 2019 zu Ares kam, war maßgeblich an der Anlageorigination und -strukturierung der Strategie beteiligt. Er bringt über 27 Jahre Branchenerfahrung mit, darunter 20 Jahre bei Natixis CIB Americas, wo er als stellvertretender CEO tätig war.

Die Alternative Kreditstrategie von Ares ist ein wichtiger Akteur im asset-basierten Kredit mit 43,1 Milliarden Dollar an verwalteten Vermögenswerte zum 30. September 2024. Das Team konzentriert sich auf Investitionen in verschiedenen Sektoren, darunter Spezialfinanzierung, Kreditgeberfinanzierung, Geräteleasing, strukturierte Produkte und Nettomiete. Die Strategie umfasst die Pathfinder-Familie von Fonds, bei denen Portfoliomanager sich verpflichten, einen Teil der Performancegebühren an globale Gesundheits- und Bildungsorganisationen zu spenden.

Positive
  • Strengthened leadership team with experienced executive (27+ years industry experience)
  • Significant assets under management ($43.1 billion)
  • Diversified investment portfolio across multiple sectors
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Kevin Alexander, Partner in Ares’ Alternative Credit strategy, has been promoted to Co-Head of Alternative Credit alongside current Co-Heads Keith Ashton and Joel Holsinger, effective immediately.

Mr. Alexander joined Ares in 2019 and has been a key leader and contributor to the Alternative Credit team’s growth and success, playing an instrumental role in the strategy’s investment origination and structuring efforts. Currently, Mr. Alexander serves as a member of the Ares Alternative Credit and Pathfinder Investment Committees, the Ares Credit Secondaries Investment Committee and the Ares Insurance Solutions Investment Committee. Prior to Ares, Mr. Alexander spent 20 years at Natixis CIB Americas where he most recently served as Deputy CEO, Americas, Head of Global Markets, Americas, and the Head of the Investment Bank. In addition to his duties at Natixis, he served on the board of Solomon Partners, a leading financial advisory firm. He began his career at the Federal Reserve Bank of New York and has over 27 years of direct industry experience.

“We are thrilled to announce Kevin’s appointment, which reflects the significant growth of our strategy and our relentless focus on positioning our platform for long-term leadership in the asset-based credit sector,” said Mr. Holsinger. “Over the last five years, Kevin has demonstrated both remarkable investing acumen and a deep commitment to a collaborative and entrepreneurial team culture where his player-coach approach enables him to lead by example and mentor those around him.”

“Kevin’s decades of industry experience and leadership in supporting the growth and development of our team members serve to bolster our confidence in the bright future for our strategy,” said Mr. Ashton. “In addition to scaling our investing capabilities, I am also excited that our enhanced leadership bench will facilitate greater engagement, education and thought leadership on the opportunities and outlook for the asset-based credit markets.”

“I am humbled and excited for the opportunity to help lead the Alternative Credit team alongside Keith and Joel,” said Mr. Alexander. “Through my experience at Ares, I have been inspired by the passion and innovation of our team to meet the strong demand for alternative credit solutions while also giving back to the global nonprofit community. I look forward to continuing to support my colleagues as we seek attractive investment opportunities that deliver compelling returns for both our investors and our communities.”

The Ares Alternative Credit strategy is one of the largest investors in asset-based credit with approximately $43.1 billion in assets under management as of September 30, 2024. The team invests across the capital structure and seeks opportunities in large, diversified portfolios across various sectors including specialty finance, lender finance, equipment leasing, structured products, net lease, cash flow streams (e.g., royalties, licensing, management fees) and other asset-focused investments. Aligning Ares' investment activities with its social impact, Ares and Ares Alternative Credit portfolio managers have committed to donate a portion of the performance fees from Ares Alternative Credit’s Pathfinder family of funds to support global health and education charities.

About Ares Management Corporation

Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of September 30, 2024, Ares Management Corporation's global platform had approximately $464 billion of assets under management with more than 3,100 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.

Jacob Silber, +1-212-301-0376

media@aresmgmt.com

Source: Ares Management Corporation

FAQ

What is Kevin Alexander's new role at Ares Management (NYSE: ARES)?

Kevin Alexander has been promoted to Co-Head of Alternative Credit at Ares Management, joining current Co-Heads Keith Ashton and Joel Holsinger.

How much assets under management does Ares Alternative Credit strategy have as of September 2024?

Ares Alternative Credit strategy has approximately $43.1 billion in assets under management as of September 30, 2024.

What sectors does Ares Alternative Credit invest in?

Ares Alternative Credit invests in sectors including specialty finance, lender finance, equipment leasing, structured products, net lease, cash flow streams, and other asset-focused investments.

What is the charitable component of Ares Alternative Credit's Pathfinder funds?

Portfolio managers of Ares Alternative Credit's Pathfinder funds commit to donate a portion of the performance fees to support global health and education charities.

What was Kevin Alexander's previous experience before joining Ares?

Before joining Ares in 2019, Alexander spent 20 years at Natixis CIB Americas where he served as Deputy CEO, Americas, Head of Global Markets, Americas, and Head of the Investment Bank.

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