Ares Management Acquires Energy Investors Funds

January 26, 2015

On January 9, 2015, Ares Management, L.P. announced that it had completed its acquisition of Energy Investors Funds.


On January 9, 2015, Ares Management, L.P. (“Ares”) (NYSE: ARES) announced that it had completed its acquisition of Energy Investors Funds (“EIF”).  As a result of the transaction, the Areas Private Equity Group has approximately $14 billion of assets under management. 

Ares is an alternative asset manager with approximately $84 billion of assets under management and more than 15 offices in the United States, Europe, and Asia. EIF is an asset manager in the energy infrastructure industry with approximately $4 billion of assets under management and offices in Boston, New York, and San Francisco.

The transaction closed on January 1, 2015, and is expected to be accretive to Ares.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions