First closes for the fourth U.S. senior direct lending commingled fund and the new evergreen U.S. senior direct lending core product are expected in fall 2026, with additional closings next year.
Ares expects meaningful closings for its global digital infrastructure/data center equity fund in late Q3 and Q4 2026, with the fundraise completing in 2027.
Ares expects to complete the final close of its sixth infrastructure debt fund later in 2026 above the prior vintage’s $5 billion.
Ares expects the final close of its fifth Japan industrial development fund in Q3 2026 at the hard cap and meaningfully above the prior vintage.
Ares plans to launch its seventh European Direct Lending fund early next year.
Get valuation models, detailed research reports, thematic primers, one-pagers, risk analysis, growth triggers, bear case, capex tracker, walk the talk, and more for Ares Management Corporation and 4,900+ companies.