Ares Management to acquire the remaining stake in BlueCove.

Ares Management, a global alternative investment manager, agreed to acquire the remaining stake in BlueCove, a scientific asset management firm. Financial terms were not disclosed. "Ares has been a fantastic supporter of BlueCove’s strategy over the last several years, facilitating a broad range of R&D initiatives across the firm, all housed within a world class infrastructure and control environment. This transaction is a testament to our and Ares’ shared culture of innovation, entrepreneurship and collaboration that has underpinned the relationship since the beginning," Alex Khein, BlueCove CEO.