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Ares Management Corp. (Ares Asset Management) at 2000 Avenue of the Stars STE 1200, Los Angeles, CA 90067. (Photo by Ringo Chiu).

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Ares Raises $3.5 Billion for Distressed Investing

Private equity fund will pursue opportunities during Covid-19 downturn

Century City-based asset manager Ares Management Corp. has closed a $3.5 billion private equity fund.

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