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direct lending fund that will target approximately $20 billion.
Ares Management is planning a $20 billion flagship U.S. direct lending fund for summer launch.
KEY POINTS
- Ares has begun initial investor conversations, but fund details may still change.
- Barings capped redemptions after investors tried to withdraw 11.3% of shares in Q1.
- Many semi-liquid private credit vehicles are now overwhelmed by withdrawal requests, prompting caps.
COMPANIES
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