CION Ares Diversified Credit Fund announces $5b total AUM milestone
Other - MAY 9, 2024

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CION Ares Diversified Credit Fund announces $5b total AUM milestone

by Released

CION Ares Management LLC (CAM) — a joint venture between affiliates of CION Investments, a manager and distributor of alternative investment solutions for individual investors, and Ares Management Corp. — has announced that the CION Ares Diversified Credit Fund (CADC) recently surpassed $5 billion in total assets under management.

“We partnered with Ares on a diversified alternative credit fund in an interval fund structure back in 2017 because we believed that individual investors should have direct access to the same alternatives opportunities that institutions have been accessing for decades,” said Mark Gatto, CION co-CEO. “Our consistent growth in fundraising has scaled rapidly as investors increasingly incorporate alternatives into their portfolio allocations, and we are delighted to reach the $5 billion milestone in assets under management. CADC offers the opportunity for several benefits including income, stability and lower portfolio volatility through diver

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