Ares raises $3.6bn for major private credit continuation fund
Thursday, November 12, 2026 · first reported by Private Equity Wire and 4 others
Ares Management has raised €3.3B, or $3.6B, for a new credit secondaries fund, described as one of the largest deals in the market for second-hand credit stakes. Coller EQT led the investment, and the fund closed in early November, according to Bloomberg News as relayed by TradingView.
The vehicle holds 24 loan assets moved from Ares Capital Europe Fund IV, a direct lending fund that closed at €6.5B in 2018. Investors in that older fund received about 150% of their initial investment, the report said.
- Firm
- Ares Management
- Also named
- Coller EQT, Evercore
- Fund
- Ares Capital Europe Fund IV continuation vehicle
- Size
- $3.6B
- Stage
- Close
- Asset class
- Secondaries, Credit
- Geography
- Europe
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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Coverage
5 sources- Private Equity WireAres raises $3.6bn for major private credit continuation fund
- TradingViewAres Management raises $3.6B for credit secondaries fund
- HedgeCoAres Management raised €3.3 billion for its Largest credit continuation fund, led by Coller EQT
- DealroomAres pulls in $3.6B for one of private credit's biggest secondaries funds
- BloombergAres raises $3.6 billion in its Biggest credit continuation fund
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