Ares Management completed the acquisition of a 70% stake in Omni Bridgeway Fund 9 from Omni Bridgeway for AUD320m.

Ares Management, a global alternative investment manager, completed the acquisition of a 70% stake in Omni Bridgeway Fund 9 from Omni Bridgeway, an alternative asset manager, for AUD320m. "We are pleased to support Omni Bridgeway with this substantial transaction which underscores Ares' ability to deliver bespoke capital solutions at scale. We look forward to working with Raymond and the Omni Bridgeway team as they build on their leadership in an asset class which we believe will be increasingly targeted by institutional investors due to its attractive, uncorrelated returns," Jan-Paul Kobarg, Ares Management Partner.