Ares Management Corp. Plans €1.5 Billion Private Credit Secondaries Deal with Campbell Lutyens' Advisement

Ares Management Corp. is planning a €1.5 billion private credit secondaries deal, focusing on legacy European loans from its flagship direct-lending strategy. Campbell Lutyens is advising on the process. The credit secondaries market, once quiet, has grown to become one of the fastest-growing segments of the private credit industry, with a projected volume of $18 billion this year.

Ares Management Corp. is set to launch a significant private credit secondaries transaction, with a focus on legacy European loans from its flagship direct-lending strategy. The deal, valued at approximately €1.5 billion ($1.8 billion), aims to trade investor stakes in the private credit market Ares Pitches €1.5 Billion Private Credit Secondaries Deal^[1].

The transaction will be advised by Campbell Lutyens, a prominent financial advisory firm. Ares, one of the leading direct lenders in Europe, has amassed a substantial pool of capital for its latest European direct-lending fund, totaling €30 billion Ares Pitches €1.5 Billion Private Credit Secondaries Deal^[1].

The credit secondaries market, once a quiet segment, has seen remarkable growth in recent years. According to data from Evercore, the market volume is projected to exceed $18 billion this year, up from $11 billion in 2024 and around $6 billion in 2023 Ares Pitches €1.5 Billion Private Credit Secondaries Deal^[1]. This growth underscores the increasing interest and investment in private credit funds.

Carlyle Group, another prominent player in the private credit space, recently announced a significant fundraising effort. Its AlpInvest unit raised $15 billion for its latest flagship secondaries fund, along with $3.2 billion in co-investment commitments and $2 billion for private wealth vehicles How Carlyle Group's (CG) $20 Billion Secondaries Fundraising Could Influence Its Future Earnings Story^[2]. This substantial fundraising demonstrates strong global investor appetite for secondary private equity stakes.

As the private credit market continues to evolve, these transactions reflect the growing demand for alternative assets and the strategic positioning of firms like Ares and Carlyle Group. Investors and financial professionals should closely monitor these developments for insights into the future of the private credit landscape.