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Ares Management raises $1.42b for its fifth fund
Fundraising - MAY 2, 2019

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Ares Management raises $1.42b for its fifth fund

by Andrea Zander

Ares Management has filed a SEC Form D for its Ares European Real Estate Fund V, raising $1.42 billion. The firm did not comment on its fundraising efforts.

The date of first sale was Sept. 10, 2018. The offering is still open.

The private offering document was filed on April 25.

Ares European Real Estate Fund IV closed in 2015 with $1.3 billion in equity commitments. The fund makes investments in residential, retail, office and industrial real estate located in leading European markets, including the United Kingdom, Germany and France.

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