Ares Management Raises $5.3 Billion for Infrastructure Secondaries Strategy

Core Insights - Ares Management Corporation has successfully raised approximately $5.3 billion for its Infrastructure Secondaries strategy, which includes the final closing of its dedicated fund, Ares Secondaries Infrastructure Solutions III [1] - The fund exceeded its initial hard cap of $2 billion, indicating strong investor interest and confidence in the strategy [1] Fund Details - The capital raised includes General Partner commitments and affiliated vehicles, showcasing a broad base of support for the fund [1] - The successful closing of ASIS III reflects Ares Management's position as a leading global alternative investment manager in the infrastructure sector [1]