Wellington-Altus Financial has announced a new credit facility from credit funds managed by Ares Management.
“Today’s announcement speaks to the size, strength and stability of Wellington-Altus and the stature it has achieved during its initial phase of growth,” said Shaun Hauser, founder and CEO of Wellington-Altus. “As we move to the next exciting chapter, leveraging relationships with global capital providers like Ares gives us the fuel needed to continue revolutionizing wealth management in Canada, and our team is excited to have their financial and strategic support.”
Ryan Helfrich, principal in Ares Credit Group, said, “Wellington-Altus is a leader in the Canadian wealth management landscape, and we’re excited to support their continued growth. As a capital solutions provider to a number of businesses across the wealth management industry, we recognize the strength of the Wellington-Altus team and look forward to helping the firm as it executes agai