Ares Management Corp. has completed its previously announced acquisition of AMP Capital’s infrastructure debt platform, one of the largest such platforms globally.
The transaction adds $8 billion in assets under management, which would result in combined infrastructure assets under management of more than $12 billion across Ares’ debt and equity platforms, as of Sept. 30, 2021.
Patrick Trears, partner and head of Ares Infrastructure Debt, will lead 19 dedicated investment professionals located across London, New York City, Singapore and Sydney. Ares is expected to benefit from the Infrastructure Debt platform’s complementary investment capabilities, global network and long-term investment experience. In addition, the Infrastructure Debt team will be able to leverage Ares’ scaled global platform, including its deep infrastructure experience in climate infrastructure and its leading priva