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People - FEBRUARY 15, 2023

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Ares Real Estate announces industrial leadership updates

by Released

Dwight Merriman has been appointed as the chair of Ares Industrial Management (AIM).

In addition, Merriman has been named the co-chair of the board of directors of Ares Industrial Real Estate Income Trust (AIREIT), alongside Bill Benjamin, partner and global head of Ares Real Estate, as well as the chair of the Ares Real Estate Industrial Investment Committee (the Industrial IC).

Dave Fazekas will be stepping into Merriman’s previous role as head of AIM and will also join Jeff Taylor, partner and head of product development and operations within Ares Wealth Management Solutions, as co-president of AIREIT while continuing to lead as CIO of AIM.

Merriman joined Ares in 2021 from Black Creek Group, where he was the head of industrial and oversaw acquisition, asset management and portfolio management activities for all industrial investments. Previously, Merriman was CIO at Stockbridge Capital Group. Earlier in his career, he was a partner at RREEF Funds and prior

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