Ares Management secures $3.5bn PacWest specialty finance loan portfolio
Ares Management Corporation, a global alternative investment manager, announced the acquisition of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp, a California-based bank holding company. This transaction was carried out by funds under the Ares Alternative Credit strategy, reinforcing their position in the specialty finance sector. Paul Taylor — PacWest Bancorp President and […]