Ares Management, a global alternative investment manager, completed a $137m investment in Ascot Lloyd a provider of independent financial advice and planning. “We believe Ascot Lloyd is a very well-positioned business operating in a market with positive long-term structural drivers. In our engagement, we have been impressed by Nigel and the management team. We believe they have a clear growth strategy and have consistently delivered against this in recent years. Ascot Lloyd is now one of the UK’s largest and fastest growing independently owned IFA firms and we look forward to working with Nigel, his team and Oaktree Capital as it continues this success," Daniel Sinclair, Ares Management Partner.