RT Negligible Capital
*ARES LIMITS WITHDRAWALS FROM $10.7B PRIVATE CREDIT FUND: FT
*ARES CAPS REDEMPTIONS FROM ARES STRATEGIC INCOME FUND AT 5%: FT
$ARES turn to lock the exit door. Third bad PC headline in the last 24 hours. $APO, $KKR, now $ARES.
“Ares characterized the redemptions as being driven by a “limited number” of family offices and smaller institutions, which it said represented less than 1% of the fund’s 20,000-plus investors” – Looks like the smart money is running for the exits and the retail RIAs still probably don’t know what’s going on
*ARES LIMITS WITHDRAWALS FROM $10.7B PRIVATE CREDIT FUND: FT
*ARES CAPS REDEMPTIONS FROM ARES STRATEGIC INCOME FUND AT 5%: FT
$ARES turn to lock the exit door. Third bad PC headline in the last 24 hours. $APO, $KKR, now $ARES.
“Ares characterized the redemptions as being driven by a “limited number” of family offices and smaller institutions, which it said represented less than 1% of the fund’s 20,000-plus investors” – Looks like the smart money is running for the exits and the retail RIAs still probably don’t know what’s going on
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