Partner, Senior Portfolio Manager And Co-Head Of Alternative Credit
CurrentAlternative Credit is Ares' home for investment opportunities that fall outside of traditional, well-defined markets such as corporate debt, real estate and private equity. Gaps exist between these established, well-defined markets. Ares believes these gaps exist and persist for many reasons, including: regulations, tax and accounting rules, rating agency criteria, market structure, capital inefficiencies, and transaction complexity and size. Within these gaps there are markets and sectors that are often overlooked or misunderstood, resulting in investment opportunities that can offer attractive yield premiums, current income, downside protection and low correlation to traditional markets.Alternative Credit at Ares spans a broad range of sub-strategies designed to be client-focused and solutions-based... delivered to our clients in three main formats: pure play, customized and flagship funds. Each format benefits from Ares' focus on asset security, covenants, cash flow velocity and other features designed to capture value and minimize risk to principal. Alternative Credit targets a level of downside protection, low correlation to traditional markets, diversification, attractive levels of current income and attractive risk-adjusted return opportunities.
