On October 30, 2025, Ares Management Corporation announced its intention to acquire BlueCove Limited.
Ares Management Corporation (“Ares”) announced, on October 30, 2025, its intention to acquire BlueCove Limited (“BlueCove”). Under the terms of the transaction, which is scheduled to close in the first quarter of 2026, Alex Khein, Co-Founder and CEO of BlueCove, will lead Ares Systematic Credit, and Hugh Willis, Co-Founder and Executive Chairman of BlueCove, will serve as a Senior Advisor at Ares. Further terms of the deal were not disclosed.
Ares (NYSE: ARES), based in Los Angeles, is a registered investment advisor offering investment solutions across the credit, real estate, private equity and infrastructure asset classes. As of June 2025, Ares had over $572 billion of assets under management.
BlueCove, based in London, is a registered investment advisor offering fixed income investment management services. As of September 2025, BlueCove had approximately $5.5 billion of assets under management.
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