Alt asset investor Ares Management takes controlling stake in SSG Capital

Hong Kong. Photo by Annie Spratt on Unsplash.

Global alternative asset manager Ares Management has agreed to acquire a controlling stake in Hong Kong and Singapore-based special situations investment firm SSG Capital Management for an undisclosed amount.

In a statement, Ares Management said the acquisition will allow it to bring its alternative strategies, including credit, private equity, and real estate activities into Asia.

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