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Ares Management and Investec Fund Solutions partner to expand lending

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Published Date

Nov 5 2024

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A&O Shearman is advising Ares Management’s Alternative Credit funds on a bespoke capital solution between Ares Management and Investec Bank plc. The partnership will provide Investec Fund Solutions with additional capital enabling it to expand lending abilities to private funds across several key markets such as the U.K., continental Europe and the U.S.

The innovative funding structure is believed to be the first of its kind in the fund solutions market.

“We are delighted to be advising Ares Management, a long-standing client, on this important transaction. The work of our cross-product team is another example of our ability to provide expert seamless advice on complex issues and deliver innovative solutions for our clients.”

Tom Constance

Partner

Ares’ Alternative Credit strategy is one of the largest investors in asset-based credit. The team actively pursues investments in large, diversified portfolios of credit assets such as portfolios of loans, leases, financial receivables, fees or royalties. With the benefits of its scale and experience, Ares seeks to provide bespoke capital solutions to partners and counterparties across the asset-based credit markets.

The A&O Shearman team was led by partners Tom Constance (securitization) and private capital sector lead Fiona Cumming (fund finance) alongside senior associates Josephine Suen and Ines Bejaoui, associate Sarty SenGupta and trainee Sam Hay, with support from tax partners Charles Yorke and associate Michael Fletcher.