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Ares Scales Back Private Credit Vehicle After Valuation Pushback

Wall Street firm Ares has scaled back its blockbuster private credit vehicle after failing to secure investor buy-in for its proposed valuation.

6 Aug, 04:00 — 6 Aug, 04:00
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FTVery High1d ago

Ares scales back blockbuster private credit vehicle after valuation pushback

Wall Street firm sought to complete €1bn continuation fund but failed to get buy-in for pricing from investors

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