Announced
Financials
Tags
Private
Minority
investment company
asset management
Acquisition
Private Equity
United States
Private Equity
Synopsis
Ares Management, a publicly traded, global alternative asset manager, acquired a minority stake in Volery Capital Partners, a private equity firm that provides growth equity and strategic support to leading investment managers. Financial terms were not disclosed. “We are thrilled to be in business with Ares, a market leader that shares our strategic vision and will expand the breadth of our firm’s capabilities,” said Emanuel Citron, a Managing Partner of Volery. “The partnership will be instrumental in helping Volery work with top-performing management teams to accelerate their efforts to achieve new levels of economic performance, growth and measurable impact.”
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