CION Ares Diversified Credit Fund Announces $5 Billion Total Assets Under Management Milestone
CION Ares Diversified Credit Fund, a joint venture between CION Investments and Ares Management , has surpassed $5 billion in total assets under management. The Fund offers investors direct access to alternative credit opportunities, providing income, stability, and lower portfolio volatility through diversification. CADC invests in a mix of illiquid and liquid credit investments, aiming for superior risk-adjusted returns. The Fund is distributed through various channels, catering to individual investors seeking alternative investment options.
CION Ares Diversified Credit Fund has successfully reached the $5 billion total assets under management milestone, showcasing significant growth and investor interest in alternative credit opportunities.
The Fund offers individual investors direct access to institutional-grade alternative investments, providing a diversified portfolio with the potential for income, stability, and lower volatility.
The Fund's dynamic asset allocation framework, supported by Ares' operational resources, infrastructure, and origination network, enhances the potential for superior risk-adjusted returns across market cycles.
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CION co-CEO Mark Gatto noted, "We partnered with Ares on a diversified alternative credit fund in an interval fund structure back in 2017 because we believed that individual investors should have direct access to the same alternatives opportunities that institutions have been accessing for decades. Our consistent growth in fundraising has scaled rapidly as investors increasingly incorporate alternatives into their portfolio allocations, and we are delighted to reach the
CADC invests in a diversified pool of illiquid and liquid credit investments, seeking superior risk-adjusted returns across various market cycles in a continuously offered interval fund structure. The Fund employs a dynamic asset allocation framework, leveraging the extensive operational resources, infrastructure and origination network of Ares. The Fund is currently distributed through a broad universe of RIAs, independent broker-dealers, and wirehouses.
Michael A. Reisner, CION co-CEO, added, “The benefits of adding alternatives to individual portfolios have become more apparent as we’ve seen a prolonged period of uncertainty around interest rates. The economic outlook remains unclear, and the Fund’s track record of adding value through all phases of the business cycle is even more compelling. We’ve always been committed to providing financial advisors with the products, education and service they need to help them add alternatives to client portfolios, and we remain thankful for the strong support we’ve received from the advisor community.”
ABOUT CION INVESTMENTS
CION Investments is a leading open-source provider of alternative investments designed to redefine the way individual investors can build their portfolios and meet their long-term investment goals. CION Investments currently sponsors, among other products, CION Investment Corporation (NYSE: CION), a leading publicly listed business development company that currently manages approximately
For more information, please visit www.cioninvestments.com.
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 March 31, 2024, Ares Management Corporation's global platform had approximately
FORWARD-LOOKING STATEMENTS
The information in this press release contains forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are identified by words such as "may," "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "would," "could," "should," and variations of these words and similar expressions, including references to assumptions, forecasts of future results, shareholder diversification, institutional research coverage and availability and access to capital. These statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and are difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. CADC undertakes no obligation to update any forward-looking statements contained herein to conform the statements to actual results or changes in its expectations.
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Susan Armstrong
Head of Marketing
E: sarmstrong@cioninvestments.com
Source: CION Investments
FAQ
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