Transactions - JULY 27, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Ares Management to merge with Kayne Anderson

by Zoë Wolff

Ares Management is merging with Kayne Anderson Capital Advisors to form Ares Kayne Management, according to a statement from the firms. The combined firm will become one of the largest and most diversified asset managers with a total of $113 million of assets under management. The deal is expected to close around Jan. 1, 2016.

Mergers have been big this year with several large companies making big deals. One of the largest was The Blackstone Group and Wells Fargo & Co. acquiring the real estate assets of GE Capital.

Earlier this month, Forum Partners acquired The Dermot Co., a multifamily investment, management and development company in New York City.

Ares Management is currently a leading global alternative asset manager with $87 billion in assets under management, while

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy