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Real Estate - DECEMBER 5, 2023

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Ares Management raises approximately $3.3b of real estate secondaries capital

by Andrea Zander

Ares Management Corp. has raised approximately $3.3 billion of real estate secondaries capital, which comprises the Landmark Real Estate Fund IX (LREF IX), general partner commitments and affiliated vehicles.

Through LREF IX, the Ares Real Estate Secondaries team provides flexible and highly customizable secondary solutions for both limited partners and general partners. These solutions include traditional limited partner interest acquisitions, general partner-led fund and portfolio recapitalizations along with preferred equity and other structured investments. LREF IX seeks to acquire seasoned assets at attractive discounts to market value and build highly diversified portfolios for its investors. Led by industry veterans Michelle Creed and Jamie Sunday, the team comprises 26 dedicated real estate secondary investment professionals located across the United States, Europe and Asia. With a cycle-tested track record of more than 25 years, the team maintains deep relationships

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