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ares energy opportunities fund

All material subject to strictly enforced copyright laws. Have a confidential tip for our reporters? Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Our energy opportunities fund serves as a companion fund to our corporate opportunities funds and employs our flexible capital strategy to provide creative capital solutions across the energy industry. Ares Management Corp., the investment firm focusing on a wide swath of credit, companies and real estate, is looking to build its biggest-ever private equity fund with plans to raise about $9.5 billion, according to a person with knowledge of the matter. Ares’s EIF team invests in energy assets including power generation, transmission facilities and midstream assets, according to its website. Provide companies with highly structured capital solutions with a strict focus on (i) asset and/or cash flow coverage and (ii) downside protection, Provide companies with bespoke capital solutions at the operating asset level and/or holding company level to unlock debt capacity and support growth initiatives, Provide companies with “end-to-end” capital solutions across the capital structure which in turn gives management flexibility, liquidity and runway to execute strategic initiatives and realize growth, Convert public debt investments into non-control private equity investments, usually for companies recovering from cyclical tailwinds, operational restructurings and/or inappropriate capital structures, Invest in publicly traded secured and/or unsecured debt in companies undergoing transformational change, liquidity duress, and/or macroeconomic headwinds, Intention is to either hold securities to maturity and/or receive reorganized equity, Typically seek to influence processes and provide thought leadership, Invest in publicly traded, post-bankruptcy equities, Usually includes companies that are recovering from cyclical headwinds, operational restructurings and/or inappropriate capital structures. We will be in touch soon. This flexible approach expands our universe of potential investment opportunities beyond that of traditional rescue and distressed capital providers and enables construction of a differentiated portfolio of investments. ACOF V has invested more than half its capital since inception. SWFI is a minority-owned organization. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. (1) The Ares current private equity platform investments represent all unrealized and partially realized platform investments made by the corporate opportunities funds. Overall Morningstar Rating for Energy Opportunities Fund, Class A, as of Sep 30, 2020 rated against 78 Equity Energy Funds based on risk adjusted total return. 2016 Vintage USD 7,850m Size Buy and sell stakes in Ares Corporate Opportunities Fund V. Access a unique secondary deal flow. We seek to “right-size” each company's balance sheet to enable the company to grow and compete without the constraints of an over-leveraged capital structure. The Registered Agent on file for this company is Corporation Service Company and is located at 251 Little Falls Drive, Wilmington, DE 19808. Holdings Holdings Top; as of Aug 31, 2020 Name Weight (%) CHEVRON CORP 13.10 TOTAL SE 9.53 ROYAL DUTCH SHELL PLC 8.93 BP PLC 7.25 TC ENERGY CORP 4.45 Name Weight (%) CONOCOPHILLIPS 4.19 KINDER MORGAN INC 4.06 WILLIAMS … The company's File Number is listed as 6775599. We expect to flex more significantly into public market stressed and distressed debt investments in circumstances where we see what we believe to be attractive value relative to what can be achieved in the private market. We utilize a proprietary relative value framework to optimize team capacity utilization, portfolio construction and risk management objectives. Before it's here, it's on the Bloomberg Terminal. All Rights Reserved. SWFI is a minority-owned organization. This fund is a master fund. The business model or management team is undergoing a significant transition; The industry is broadly out-of-favor in the capital markets and/or is going through secular or cyclical change; or. We seek to deploy our flexible capital across a broad range of both private market and public market transaction types. Ares closed EIF V last August with about $800 million, having originally targeted $3 billion for the effort when it began fundraising in 2015, according to SEC filings. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. We search for companies that are being challenged by one or more of the following: 1st/2nd lien secured debt, non-recourse SPV debt financing, common/preferred equity, Secured/unsecured debt, preferred/common equity, Secured/unsecured debt, preferred/common equity, and warrants. There was an error. Both public and private market opportunities require collaborative approaches to fill the “void of sponsorship,” especially in highly complex and distressed situations. Large money managers also have an advantage as institutional clients -- attracted to the steady returns that private equity can generate -- allocate money to a smaller pool of established managers. ARES MANAGEMENT LLC is an adviser to the fund. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. All Rights Reserved. Ares Energy Opportunities Fund, L.P. is a Delaware Limited Partnership filed on November 21, 2017. Before it's here, it's on the Bloomberg Terminal. Ares has been raising other funds in its private equity business, which includes a focus on China growth capital, infrastructure and a special opportunities group. Ares could still decide not to create the fund or change the target amount, the people said. Final Close Well in Excess of $2.0 Billion Target . SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. New pool will target businesses in North America and Europe, Managers have built up record war chests as bull market ages, Photographer: Patrick T. Fallon/Bloomberg. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. Errors are noted below: Thanks for reaching out. Find potential buyers without revealing your identity. Ares Energy Opportunities Fund C, L.P. is a Delaware Limited Partnership filed on February 28, 2018. Ares subsequently attempted to merge with fellow energy investor Kayne Anderson Capital Advisors, a move it later abandoned. The firm was founded more than two decades ago by former Drexel Burnham Lambert bankers Tony Ressler and John Kissick. We employ a flexible capital approach which enables us to provide companies with highly flexible, structured capital to support growth and capital structure initiatives. For now, the top spot for the largest single buyout fund still belongs to Apollo Global Management, which built up a more-than $24 billion pool in 2017. It announced a leadership transition in December 2017, naming Michael Arougheti as chief executive officer. We have the ability to leverage the knowledge and resources of the broader Ares Management platform to support the company throughout the restructuring process. © 2008-2020 Sovereign Wealth Fund Institute. The company's File Number is listed as 6626578. The new pool will be a successor to the money manager’s flagship private equity fund, targeting businesses in North America and Europe, the person said, asking not to be identified as the information is confidential. All material subject to strictly enforced copyright laws. Ares raised about $8 billion a few years ago for the latest member of its main private equity fund group, Ares Corporate Opportunities Fund, known as ACOF V… Errors are noted below: Thanks for reaching out. Earlier fund closed on $800 million after targeting $3 billion, Investment firm has held preliminary talks with investors, Ares CEO Arougheti Says Markets Have Become More Borrower Friendly. Ares Energy Opportunities Fund A, L.P. Industry: Pooled Investment Fund (See others in industry) Address: C/O Ares Management Llc 2000 Avenue Of The Stars, 12 Th Floor Los Angeles, CA, 90067 Phone: 310-201-4100 . There was an error. Ares Management Corporation Closes Oversubscribed $3.5 Billion Special Opportunities Fund . Ares Management LLC is preparing to raise an energy and infrastructure investment fund with a $1 billion target, according to people with knowledge of the matter. Our team conducts thorough, private equity-style diligence utilizing an objective, consistent and repeatable investment process. Los Angeles-based Ares completed its acquisition of Energy Investor Funds in January 2015 in what Arougheti described as an “accretive, strategically valuable.” deal that would allow the firm to offer a wider range of products to backers. We employ a flexible capital strategy to target non-control positions across a broad spectrum of stressed, distressed and opportunistic situations. Stocks Trim Losses Amid Stimulus Talks, Bank Rally: Markets Wrap, Wells Fargo Fires More Than 100 Workers for Abusing U.S. Aid, Tax Burden Equal to 70% Rate Crushes Americans Unable to Pay, Houston Tech Mogul Indicted for ‘Largest-Ever Tax Charge’, Robinhood Internal Probe Finds Hackers Hit Almost 2,000 Accounts. The investment firm co-founded by Chief Executive Officer Michael Arougheti has held preliminary talks with investors about raising Ares Energy Investors Fund VI, said the people, who asked not to be identified because they weren’t authorized to speak publicly. This process of providing companies with private capital solutions that offer leadership, flexibility and distressed expertise in the form of incremental liquidity and/or covenant relief can empower a business going through distress or transformational change by improving cash flows, reducing leverage and returning the business to corporate health. ARES MANAGEMENT LLC is an adviser to the fund. Buyout firms are building some of their largest war chests yet, positioning themselves to take advantage of opportunities if the aging bull market succumbs to mounting worries about the global economy that have wracked markets this month. Sovereign Wealth Fund Institute® and SWFI® are registered trademarks of the Sovereign Wealth Fund Institute. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. Both public and private market opportunities require collaborative approaches to fill the “void of sponsorship,” especially in highly complex and distressed situations. We do not seek day-to-day control of businesses in which we invest. In situations where a restructuring process is necessary, we seek to work effectively with other constituents to reach a quick resolution and minimize the impact on the company's business. No affiliation or endorsement, express or implied, is provided by their use. We employ a flexible capital strategy to target non-control positions across a broad spectrum of stressed, distressed and opportunistic situations. Ares Corporate Opportunities Fund V is a closed private equity fund managed by Ares Private Equity.

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