EPIC Crude’s Strategic Position in the Premium Corpus Christi Market Continues to Advance
EPIC Crude Holdings, LP (“EPIC Crude” or “the Company”) is excited that the Port of Corpus Christi has finalized their significant four-phase Channel Improvement Project (“CIP Project”) that began in 2017. The CIP Project deepened the channel from 47 to 54 feet and widened the channel to 530 feet from 400 feet, all centered on accommodating the growing demand for larger vessels. The CIP Project was focused on expanding the waterways for larger vessels and two-way traffic while reducing overall transportation costs. This will allow the Port of Corpus Christi to enable more efficient transport of crude oil, liquefied natural gas and other commodities given its focus on exporting hydrocarbons.
Ares Management Acquires Minority Stake in Plenitude for €2 Billion
Ares Management Corporation (“Ares”) (
NYSE: ARES), a leading global alternative investment manager, announced today that Ares Alternative Credit funds (“Ares Alternative Credit”) have entered into a definitive agreement for the acquisition of a 20% stake in Plenitude, a leader in energy transition controlled by Eni, for approximately €2 billion. The consideration implies an enterprise value for Plenitude of over €12 billion. Completion of the transaction is subject to customary regulatory approvals.
Ares Management Closes Inaugural US$2.4 Billion Data Center Development Fund in Japan
Ares Management Corporation (
NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final close of Japan DC Partners I LP (“JDC I” or the “Fund”), marking Ares’ first vehicle dedicated to data center investment and development. With approximately US$2.4 billion (¥350 billion) in total equity commitments, the Fund positions Ares to be one of the largest data center investors in Japan with significant capital to meet the rapidly growing demand from cloud and artificial intelligence applications.
Ares Management Corporation to Present at the Morgan Stanley US Financials ConferenceNEW YORK, NY / ACCESS Newswire / June 2, 2025 / Ares Management Corporation announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the Morgan Stanley US Financials Conference on Tuesday, June 10, 2025, at 12:15pm ET.
Antares Closes $1.2 Billion Private Credit Continuation Vehicle Led by Ares Management
Antares Capital and Ares Management Corporation (“Ares”) (
NYSE: ARES) today announced the closing of Antares’ first continuation vehicle with over $1.2 billion in commitments. The transaction was led by Ares Credit Secondaries funds, along with a commitment from Antares.
Ares Commercial Finance and Ansley Park Capital Provide Asset Based and Equipment Financing to Shimmick Corporation
Ares Commercial Finance (“ACF”) announced today that it has provided a $15 million senior secured revolving line of credit to Shimmick Corporation (“Shimmick” or the “Company”), an Irvine, California-based infrastructure solutions provider in water, climate resilience, energy transition and sustainable transportation. Ansley Park Capital (“Ansley Park”), an affiliate of Ares Management, provided a complementary $15 million machinery and equipment term loan, the combination of which delivered a complete financing solution.
Ares Management Corporation to Present at the Bernstein 41st Annual Strategic Decisions ConferenceNEW YORK, NY / ACCESS Newswire / May 22, 2025 / Ares Management Corporation (
NYSE:ARES) announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Bernstein 41st Annual Strategic Decisions Conference on Friday, May 30, 2025 at 11:00am ET.
Ares Management Announces First Quarter 2025 U.S. Direct Lending Origination Activity$11.5 Billion in New Commitments Closed in the First Quarter, Reaching a Record of $50.4 Billion Closed in the 12 Months Ended March 31, 2025
Ares Management Corporation Reports First Quarter 2025 Results
Ares Management Corporation (
NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2025.
Ares Management Corporation Schedules Earnings Release and Conference Call for the First Quarter Ending March 31, 2025NEW YORK, NY / ACCESS Newswire / April 4, 2025 / Ares Management Corporation announced today that it will report earnings for the first quarter ending March 31, 2025 on Monday, May 5, 2025 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. (Eastern Time) to discuss its first quarter ending March 31, 2025 financial results.
Joel Holsinger Appointed Co-Chair of the Ares Charitable Foundation
Ares Management Corporation (
NYSE:ARES) (“Ares”) announced today that Joel Holsinger, Partner and Co-Head of Ares’ Alternative Credit strategy, was appointed to the Board of Directors of the Ares Charitable Foundation (the “Ares Foundation”) to serve as Co-Chair alongside current Chair, Michael Arougheti, Chief Executive Officer of Ares.
