Ares Management Corporation, a leading global alternative investment manager, and Mubadala formed a joint venture to invest in global credit secondaries opportunities.

The joint venture, anchored by Mubadala, initially aims to deploy approximately USD 1 billion as it seeks to capitalize on the anticipated growth and substantial demand from General and Limited Partners for customized liquidity solutions for the credit secondaries asset class. The joint venture is anticipated to scale alongside the growing market opportunity.

The joint venture is a key milestone for both organizations and strengthens Mubadala’s position within the secondaries credit market, while enabling Ares to significantly scale its offering. By leveraging Ares’ track record and Mubadala’s global footprint, the joint venture will enable access to a broader network, differentiated market intelligence, and new transaction opportunities.

Since 2017, Ares and Mubadala have established a long-standing strategic relationship investing across the full spectrum of the credit sector.