Ares Management Corporation (Ares) announced that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital (CPC), a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31, 2023. Founded in 2003, CPC has approximately 50 professionals. The team is headquartered in Singapore and…
Tag: Michael Arougheti
Ares Management Corporation to acquire controlling stake in SSG Capital
by
•Ares Management Corporation announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire a controlling interest in SSG Capital Holdings Limited and its operating subsidiaries, a leading Asian alternative asset management firm. Headquartered in Hong Kong with offices across Asia, SSG manages private credit and special situations funds totaling approximately…