Ares Management (a leading global alternative investment manager) announced that its Ares Private Markets Fund (APMF), a diversified private equity investment solution anchored in secondary investments, exceeded $3 billion in assets under management in its first three years in the market. APMF is distributed through Ares’ Wealth Management Solutions platform (AWMS), an industry leader in providing private market investment solutions to advisors and their clients.
Utilizing the Ares Secondaries Group’s 30+ years of experience, APMF invests in a diversified portfolio of private equity fund stakes backed by leading private equity sponsors in primarily North America and Europe. And since its launch in 2022, APMF looks to generate risk-adjusted returns through an accessible structure that provides enhanced transparency and expected quarterly liquidity to its investors. As of March 31, 2025, APMF had 276+ total investments across over 7,500 underlying portfolio companies across a range of sectors and investment types.
Since the launch of AWMS in 2021, Ares remained focused on scaling its wealth platform to deliver private markets access and education to financial advisors and their clients. And with a growing team of approximately 150 professionals located in offices throughout the U.S., Europe and Asia, AWMS represents one of the most resourced wealth distribution and client service platforms in the alternatives industry today.
KEY QUOTES:
“We are thrilled to achieve this milestone, which reflects the demand from investors for access to quality private markets solutions. For over three decades, Ares has been a leader in sourcing and managing secondaries investments while employing an innovative and data-driven approach to generate value through market cycles. On behalf of the Ares team, we look forward to further building on our progress as we seek to deliver risk-adjusted returns for our investors over the long-term.”
Barry Miller, CEO of APMF and Partner in the Ares Secondaries Group
“We believe that the secondary market provides an exciting opportunity to seek diversified growth through private equity investments. It’s exciting to see the continued momentum for APMF as we look to further expand our relationships and provide even more investors access to all our wealth channel solutions. We thank our expanding network of advisor relationships as well as the Ares and AWMS teams for their continued contributions to our mission.”
Raj Dhanda, Partner and Global Head of Wealth Management at Ares
