Ares Management Launches Ansley Park Capital
2024年3月4日 - 8:45PM
ビジネスワイヤ(英語)
Ares and Seasoned Industry Executives Form New
Company to Deliver Customized Financing and Capital Solutions for
Large-Ticket Equipment
Ares Management Corporation (NYSE: ARES) (“Ares”), a leading
global alternative investment manager, announced today that funds
managed by its Alternative Credit strategy (“Ares Alternative
Credit”) have launched Ansley Park Capital (“Ansley Park”), a
newly-formed lending and specialty finance company that delivers
full spectrum, customized financing solutions for essential-use,
large-ticket equipment. Ansley Park’s management team and
integrated operating platform were acquired from BciCapital, Inc.
(“BciCapital”), a top 50 Monitor 100 company and the equipment
finance business of regional bank City National Bank of Florida.
Ansley Park will offer scaled, flexible equipment-based capital
solutions ranging from $5 million to over $100 million to a
diversified array of industries, including manufacturing, rail,
construction, marine, infrastructure, energy, healthcare and
corporate air travel. Ares Alternative Credit funds have committed
approximately $400 million in initial equity capital to support
originations, which the team expects to be in excess of $3
billion.
Ansley Park is led by seasoned industry executives, including
Eric Miller, Mark Trollinger and Robert Seltzer. Members of the
executive team have worked together for over 20 years and bring
combined experience of over 150 years in commercial, risk, finance
and operational executive roles.
Mr. Miller will serve as Ansley Park’s President & Chief
Executive Officer. He most recently served as Chief Executive
Officer at BciCapital, where he led the company’s equipment finance
business. Prior to that, Mr. Miller served as President of CIT
Asset Finance, where he led CIT’s large-ticket asset backed finance
businesses, and as a Managing Director at GE Capital.
Mr. Trollinger will serve as Ansley Park’s Chief Investment
Officer & Head of Capital Markets. He has over 40 years of
experience in banking and equipment finance and has held various
senior positions with direct involvement in all aspects of
operations, underwriting, portfolio and asset management,
structuring and marketing. Mr. Trollinger most recently served as
Chief Investment Officer & Head of Capital Markets at
BciCapital. Prior to that, Mr. Trollinger was co-head of Wachovia’s
(now Wells Fargo) equipment finance platform.
Mr. Seltzer will serve as Ansley Park’s Executive Vice
President, Head of Direct Originations. He most recently served as
the Chief Commercial Officer for BciCapital and was responsible for
leading equipment finance origination efforts. Prior to that, he
held leadership positions at CIT Capital Equipment Finance and GE
Capital.
“We are excited to launch Ansley Park together with this
talented and experienced team,” said Joel Holsinger, Partner and
Co-Head of Ares Alternative Credit. “The equipment finance
landscape is rapidly evolving, and the team’s deep industry
expertise across a wide range of asset classes will enable Ansley
Park to effectively deploy capital critical to supporting the
financing needs of companies driving the U.S. economy.”
He added, “In addition to direct financing originations, Ansley
Park is uniquely positioned to partner with banks in executing
capital markets transactions, acquire equipment finance portfolios,
develop structured flow programs and design equipment-focused
balance sheet optimization and capital relief solutions.”
“We are thrilled to announce the establishment of Ansley Park
through our partnership with Ares,” said Eric Miller, President
& Chief Executive Officer of Ansley Park. “We could not have
chosen a better partner than Ares to launch, build and grow a
leading independent equipment finance company.”
The Ares Alternative Credit strategy is one of the largest
investors in asset based credit managing approximately $33.9
billion in assets under management as of December 31, 2023. The
team invests across the capital structure and seeks opportunities
in specialty finance, lender finance, loan portfolios, equipment
leasing, structured products, net lease, cash flow streams
(royalties, licensing, management fees) and other asset-focused
investments. Aligning Ares' investment activities with its societal
impact, Ares and Ares Alternative Credit portfolio managers have
committed to donate a portion of the performance fees from Ares
Alternative Credit flagship funds to support global health and
education charities.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit,
private equity, real estate and infrastructure asset classes. We
seek to provide flexible capital to support businesses and create
value for our stakeholders and within our communities. By
collaborating across our investment groups, we aim to generate
consistent and attractive investment returns throughout market
cycles. As of December 31, 2023, Ares Management Corporation's
global platform had approximately $419 billion of assets under
management, with approximately 2,850 employees operating across
North America, Europe, Asia Pacific and the Middle East. For more
information, please visit www.aresmgmt.com.
About Ansley Park Capital
Ansley Park Capital is a lending and specialty finance platform
focused on delivering flexible and customized financing solutions
for essential-use, large-ticket equipment and machinery across a
multitude of asset types and industries. At Ansley Park Capital, we
tap into the responsiveness, flexibility, and creativity of a
highly experienced team with unmatched access across the equipment
financing industry to serve a broad community of borrowers to meet
their individual needs with full product capabilities. Our approach
to working with our clients is simple: we strive to understand our
customers, take the time to underwrite their business, and provide
tailored financing solutions for the unique circumstances they need
to grow their businesses today and well into the future. For more
information, please visit www.ansleyparkcapital.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240301509187/en/
Media: Priscila Roney, +1-212-808-1185
media@aresmgmt.com
Ares Management (NYSE:ARES)
過去 株価チャート
から 4 2024 まで 5 2024
Ares Management (NYSE:ARES)
過去 株価チャート
から 5 2023 まで 5 2024