private debt secondaries

Ares' close of the Landmark Partners acquisition this quarter, along with strong fundraising, helped boost the firm's AUM to nearly a quarter trillion dollars.

The advisory firm has promoted two partners and three managing directors across its London, New York and Chicago offices.

Women from two managers, a sovereign wealth fund and a law firm represented the secondaries market in the inaugural Women of Influence list.

The private capital advisory firm has hired a principal in the Chicago office, opened a Paris office and hired a vice-president to their London office in the past nine months.

The secondaries market in private debt has been showing promising growth, as GP-led deals claim a larger slice of the cake.

The vehicle will launch 'imminently' and be led by partners Michael Schad, Ed Goldstein and Martins Marnauza, Secondaries Investor has learned.

The credit mammoth expects to cross-market strategies between its and Landmark Partners' respective client bases, chief executive Michael Arougheti said.

Apollo's deep knowledge of underlying credit investments is the 'real secret sauce' in a secondaries business, CEO Marc Rowan says on the firm's latest earnings call.

Potential growth in the sector is hard to predict and will be driven by the ability of participants to keep devising new solutions, writes Daniel Roddick of Ely Place Partners.