Ares to Buy GCP's Ex-China Assets for Up to $5.2 Billion

Oct 8, 2024 · The acquisition will help Ares Real Estate nearly double its assets under management to about $96 billion across North America, Europe, Asia and Latin America. Ares …

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Ares To Buy GCP's Ex-China Assets For Up To $5.2 Billion

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Oct 8, 2024 · The acquisition will help Ares Real Estate nearly double its assets under management to about $96 billion across North America, Europe, Asia and Latin America. Ares …

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Ares To Buy GCP’s Ex-China Assets For Up To $5.2 Billion (2)

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Oct 8, 2024 · Ares Management Corp. agreed to acquire GLP Capital Partners Ltd. ’s operations outside of China for up to $5.2 billion, in one of the biggest recent combinations in the …

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Ares To Buy GCP’s Ex-China Assets For Up To $5.2 Billion - Mint

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Oct 8, 2024 · Ares Management Corp. agreed to acquire GLP Capital Partners Ltd.’s operations outside of China for up to $5.2 billion, in one of the biggest recent combinations in the …

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Ares Management To Buy GCP International For $3.7 Bln

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Oct 8, 2024 · The company said that the acquisition of GCP International, which has an assets under management of $44 billion as of June 30, 2024, will double Ares' AUM to about $96 …

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Ares To Double Real Estate Assets With Acquisition Of $44bn

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Oct 9, 2024 · Ares, which has $447bn in AUM, is set to acquire all of GCP’s ex-China business, which has about $44bn in AUM, in a transaction valued at $3.7bn, including $1.9bn in Ares …

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Three Observations On Ares Buying GCP’s Non-China Business - PERE

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Jun 20, 2024 · The carve-out of GCP’s China business makes sense to both Ares and GCP. Valued at $59 billion, GCP’s China platform represented close to half of its overall AUM as of …

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Blueprint: Ares Buys GCP's Ex-China Business For $3.7bn, Blue …

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Oct 8, 2024 · A mega-merger between two of the top 10 PERE 100 managers dominates real estate headlines this week as Ares Management agrees to acquire GLP Capital …

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Ares Is Said To Agree On Acquisition Of GCP’s Ex-China Business

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Oct 8, 2024 · GCP has about US$66 billion of assets under management outside China, spread across Japan, Southeast Asia, Europe, the US and Brazil. Ares chief financial officer Jarrod …

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FAQs about Ares to Buy GCP's Ex-China Assets for Up to $5.2 Billion Coupon?

Is Ares acquiring GLP Capital Partners in China?

(Adds legal advisers in final paragraph.) Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative asset management industry. ...

Will Ares buy GLP's fund management business outside of China?

Ares Management has agreed to buy industrial specialist GLP’s fund management business outside of China for $3.7 billion, the parties announced Tuesday. ...

How much money will Ares invest in GCP international?

The consideration includes about $1.8 billion in cash and nearly $1.9 billion in Ares Class A common Shares. The company said that the acquisition of GCP International, which has an assets under management of $44 billion as of June 30, 2024, will double Ares' AUM to about $96 billion across North America, Europe, Asia and Latin America. ...

Why did Ares buy GLP & GCP?

Ming Mei, chief executive of GLP and GCP who will remain in both roles, said: “We are excited that the transaction will also allow us to strategically optimise each region’s business development plan.” In a separate statement on the same day, Ares described the acquisition as a move to expand its real estate capabilities. ...

How much will Ares pay for GCP?

Ares will initially pay about $3.7 billion for GCP’s fund management business in Japan, the US, Europe, Brazil and Vietnam, according to a statement from GLP on Tuesday, which confirmed an earlier Bloomberg News report. ...

What does Ares real estate's acquisition mean for the company?

The acquisition will firmly establish Ares Real Estate as one of the largest global vertically integrated platforms and nearly doubles its assets under management (“AUM”) to approximately $96 billion across North America, Europe, Asia and Latin America. ...