Ares Management Corp. has raised approximately $5.3 billion for its infrastructure secondaries strategy. This includes the final closing of its latest dedicated fund, Ares Secondaries Infrastructure Solutions III (ASIS III), as well as general partner commitments and affiliated vehicles.
Ares said the total capital raised is among the largest infrastructure secondaries campaigns to date.
ASIS III closed above its initial $2 billion target with approximately $3.3 billion in equity commitments. The fund is more than three times the size of its 2021 predecessor fund. Through ASIS III, the infrastructure secondaries team aims to invest in a diversified portfolio of seasoned private infrastructure assets through flexible secondary solutions, including preferred structure transactions, general partner-led continuation vehicles and traditional limited partner interest acquisitions.
“As private infrastructure reaches a new phase of growth and the in
