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In the Gaps: Ares Alternative Credit Newsletter

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In the Gaps is intended to present some of the timely developments that our Alternative Credit team (the “Team”) has been analyzing and discussing. It is meant to articulate something new to think about, shed light on a risk or opportunity that is not easily identified, or provide a perspective on markets and sectors that helps one think of them in a different way. Some elements are recurring in each edition, including Inside the Data, where we hope to share insights gleaned from the reams of data our Team processes on a continuous basis. Additionally, given the charitable tie-in of certain of the Team’s flagship funds, we also intend to spotlight one of the many global health and education charities that are working to make a difference.

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Ares Management

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles.

As of March 31, 2026, Ares Management Corporation’s global platform had nearly $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. Ares manages over $62 billion on behalf of 282 third-party insurance companies globally. For more information, please visit www.ares.com.

Robert Torretti  
Partner, Co-Head of Insurance, Americas Relationship Management  
rtorretti@aresmgmt.com
212-515-3385

Amanda Healy   
Partner, Co-Head of Insurance, Americas Relationship Management   
ahealy@aresmgmt.com
212-515-3351

Ares Management
245 Park Avenue, 44th Floor,
New York, NY 10167

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