trending Market Intelligence /marketintelligence/en/news-insights/trending/ocAFi6LI10TTPsW5YFITTQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Ares agrees to acquire majority stake in Hong Kong's SSG Capital

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Ares agrees to acquire majority stake in Hong Kong's SSG Capital

U.S.-based asset manager Ares Management Corp.'s subsidiary, Ares Holdings LP, agreed to acquire a controlling interest in Hong Kong-based private equity firm SSG Capital Management Ltd. and its operating subsidiaries.

Consideration for the deal will primarily consist of Ares class A shares, subject to a multiyear lock-up, along with cash.

The acquisition is in line with Ares' plan to further expand in Asia, Ares CEO and President Michael Arougheti said. SSG manages private credit and special situations funds totaling about $6.2 billion in assets under management as of Sept. 30, 2019, according to a release.

The transaction is set to close in the second or third quarter, subject to customary closing conditions and regulatory approvals.