CION Ares Diversified Credit Fund Announces $6 Billion Total Assets Under Management Milestone
CION Ares Diversified Credit Fund (CADC) has surpassed $6 billion in total assets under management. Launched in 2017, the Fund operates as an interval fund structure offering diversified credit strategy to individual investors through financial advisors. CADC invests in both illiquid and liquid credit investments, employing a dynamic asset allocation framework and leveraging Ares' resources and infrastructure. The Fund is distributed through RIAs, independent broker-dealers, and wirehouses, maintaining strong net capital raise with consistently low redemption rates.
Il CION Ares Diversified Credit Fund (CADC) ha superato 6 miliardi di dollari in totale attività gestite. Lancato nel 2017, il fondo opera con una struttura a intervallo offrendo una strategia di credito diversificata agli investitori individuali attraverso consulenti finanziari. CADC investe in investimenti creditizi sia illiquidi che liquidi, adottando un framework dinamico di allocazione degli attivi e sfruttando le risorse e l'infrastruttura di Ares. Il fondo è distribuito attraverso RIA, broker-dealer indipendenti e wirehouse, mantenendo una forte raccolta netta di capitali con tassi di rimborso costantemente bassi.
El CION Ares Diversified Credit Fund (CADC) ha superado 6 mil millones de dólares en activos totales bajo gestión. Lanzado en 2017, el fondo opera como una estructura de fondo de intervalo que ofrece una estrategia de crédito diversificada a los inversores individuales a través de asesores financieros. CADC invierte en inversiones crediticias tanto ilíquidas como líquidas, empleando un marco de asignación de activos dinámico y aprovechando los recursos e infraestructura de Ares. El fondo se distribuye a través de RIAs, corredores de bolsa independientes y wirehouses, manteniendo una fuerte recaudación neta de capital con tasas de redención consistentemente bajas.
CION Ares Diversified Credit Fund (CADC)는 총 관리 자산 60억 달러를 초과했습니다. 2017년에 출시된 이 펀드는 개별 투자자에게 재무 상담사를 통해 다양한 신용 전략을 제공하는 간헐적 펀드 구조로 운영됩니다. CADC는 비유동성과 유동성 모두에 투자하며, 역동적인 자산 배분 프레임워크를 적용하고 Ares의 자원과 인프라를 활용합니다. 이 펀드는 RIA, 독립 중개 상사 및 와이어 하우스를 통해 배포되며, 지속적으로 낮은 상환율로 강력한 순 자본 조달을 유지하고 있습니다.
Le CION Ares Diversified Credit Fund (CADC) a dépassé 6 milliards de dollars d'actifs totaux sous gestion. Lancé en 2017, le fonds fonctionne comme une structure de fonds d'intervalle offrant une stratégie de crédit diversifiée aux investisseurs individuels par l'intermédiaire de conseillers financiers. CADC investit dans des investissements crédit à la fois illiquides et liquides, en utilisant un cadre d'allocation d'actifs dynamique et en tirant parti des ressources et de l'infrastructure d'Ares. Le fonds est distribué par le biais de RIA, de courtiers indépendants et de wirehouses, maintenant une forte collecte nette de capital avec des taux de rachat systématiquement bas.
Der CION Ares Diversified Credit Fund (CADC) hat die Marke von 6 Milliarden Dollar an verwalteten Gesamtkapital überschritten. Der 2017 gegründete Fonds operiert in einer Intervallfondsstruktur und bietet einzelnen Anlegern über Finanzberater eine diversifizierte Kreditstrategie an. CADC investiert sowohl in illiquide als auch in liquide Kreditinvestitionen, wobei ein dynamisches Asset-Allokationsmodell eingesetzt wird und die Ressourcen und Infrastruktur von Ares genutzt werden. Der Fonds wird über RIAs, unabhängige Broker-Dealer und Wirehouses vertrieben und hat eine starke Netto-Kapitalaufnahme mit durchweg niedrigen Rücknahmeraten beibehalten.
- Achieved $6 billion milestone in assets under management
- Strong net capital raise with consistently low redemption rates
- Broad distribution network across RIAs, broker-dealers, and wirehouses
- None.
Insights
The milestone of reaching
The Fund's partnership with Ares Management adds substantial credibility and operational capabilities, particularly valuable in the current market environment where private credit opportunities are expanding. The diversified approach across liquid and illiquid credit investments, combined with dynamic asset allocation, positions the fund well for various market cycles. The broad distribution network through RIAs, broker-dealers and wirehouses suggests continued growth potential.
The timing of this AUM milestone is particularly relevant given the growing retail investor demand for alternative investments and private credit exposure. The Fund's success validates the market's appetite for semi-liquid investment vehicles that provide access to institutional-quality credit strategies. The emphasis on advisor education and service quality has proven effective in building a loyal distribution network.
The Fund's growth reflects broader industry trends where individual investors increasingly seek portfolio diversification beyond traditional public markets. The interval fund structure addresses key challenges in democratizing alternative investments, balancing liquidity needs with the ability to invest in less liquid assets. This approach could serve as a template for future product development in the alternative investment space.
CION co-CEO Michael Reisner noted, "We introduced a diversified credit strategy in an interval fund structure in 2017 because we believed that individual investors, through their financial advisors, should have access to the benefits that the private markets can bring in achieving long-term investment goals. We were ahead of the curve in finding the right structure to offer alternatives to individuals, and the Fund’s growth is a testament to the commitment we’ve made to the space, and the partnerships we’ve built. CADC can offer the opportunity for income, stability and lower portfolio volatility through diversification away from public markets, and we believe financial advisors are increasingly seeking these assets as a differentiator in their clients’ portfolios.”
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.
Mark Gatto, CION co-CEO added, “We’ve been careful and consistent throughout CADC’s history to prudently manage the fund and grow in a thoughtful way that prioritizes the semi-liquid nature of the structure. Our strong net capital raise reflects a consistently low redemption percentage, and we are thankful for the level of loyalty we’ve enjoyed with the financial advisor community and their clients. We continue to believe that offering robust advisor and investor education and a high level of service, along with performance, are key to maintaining the growth of the Fund.”
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 June 30, 2024, Ares Management Corporation's global platform had over
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For more information, please contact:
Susan Armstrong
Head of Marketing
E: sarmstrong@cioninvestments.com
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E: cion@streetcredpr.com
Source: CION Investments
FAQ
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