Ares Management raises over $2.3B to support Aspida’s growth
Ares Management (NYSE:ARES) has secured over $2.3B of equity commitments to support the long-term growth of Aspida Holdings. Launched four years ago, Aspida is a life insurance and annuity company focused on providing retirement and reinsurance solutions,
Alts Manager Ares Raises $2.3B for Life Insurance and Annuity Division
Ares launched Aspida in 2019 as an expansion of Ares Insurance Solutions, the firm’s insurance platform. As of September 30, 2024, Aspida had more than $19 billion in assets under management. The subsidiary also includes Aspida Re, which provides reinsurance.
Ares Management Raises Over $2.3 Billion of Equity Commitments to Support the Long-Term Growth of Aspida
Ares Management Corporation ("Ares") (NYSE: ARES), a leading global alternative investment manager, announced today that it has raised over $2.3 billion of equity commitments from third parties, Ares and affiliates of Ares to support the long-term growth of Aspida Holdings Ltd.
Ares Management raises over $2.3bn of equity commitments to support Aspida
Ares Management Corporation, the global alternative investment manager, has secured over $2.3 billion in equity commitments to support the long-term
Ares Management-backed Aspida raises $3 billion in fresh capital
Aspida Holdings, a life insurance and annuity company backed by Ares Management, has secured $3 billion in new capital to support its growth plans.
Ares Management raises over $2.3B of equity commitments to support Aspida
Ares Management (ARES) announced that it has raised over $2.3B of equity commitments from third parties, Ares and affiliates of Ares to support
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