Ares Management has raised approximately $4.2 billion for its inaugural Ares Global Structured Solutions Fund and affiliated vehicles, significantly exceeding the strategy’s original $1 billion fundraising target.
The fund, known as AGSS, is managed by the Ares Private Equity Secondaries team and is designed to provide flexible capital solutions to private equity managers pursuing a range of strategic objectives.
Ares plans to use the strategy to partner with managers seeking capital to increase their general partner commitments to funds, seed new strategies through structured limited partner commitments and facilitate succession planning.
The strategy gives Ares a dedicated pool of capital for structured GP solutions as private equity firms seek alternatives to traditional fundraising and financing structures.
Ares said its funds have deployed nearly $9 billion across structured solutions transactions since 2013, giving the firm more than a decade of experience in this part of the secondaries market.
The new fund is intended to increase the scale at which Ares can work with private equity managers while expanding the types of financing and liquidity solutions available through its Secondaries platform.
In addition to structured solutions, Ares’ GP-focused offerings include continuation vehicles and GP stakes, giving the firm multiple ways to provide capital to asset managers and their underlying portfolios.
The fundraising also broadens Ares’ Private Equity Secondaries strategy at a time when private markets managers are increasingly seeking capital for fund commitments, new product launches, ownership transitions and other strategic initiatives.
Ares Private Equity Secondaries is part of the broader Ares Secondaries Group, which has more than 30 years of experience providing liquidity solutions to limited partners and general partners across private equity, real estate, infrastructure and credit.
The Ares Secondaries Group managed approximately $44 billion of assets as of June 30, 2026.
Across its broader platform, Ares Management had more than $671 billion in assets under management as of June 30. The company operates across North America, South America, Europe, Asia-Pacific and the Middle East and invests across credit, real estate, private equity and infrastructure.
KEY QUOTES:
“The successful close of AGSS highlights the increasing demand for tailored GP solutions in today’s market environment and the innovative leadership of the Ares Secondaries platform. Throughout the firm’s history, Ares has been a close partner to leading managers, and AGSS expands upon our existing GP capabilities, providing creative solutions for their growth initiatives. AGSS reflects the breadth and scale of our platform as well as the confidence of our LPs in this significant market opportunity.”
Blair Jacobson, Co-President of Ares
“For more than a decade, Ares Private Equity Secondaries has been an established provider of structured solutions that support leading GPs in their strategic initiatives, and this dedicated pool of capital further strengthens our ability to act as a scaled partner to a broader set of managers. With over 30 years of secondaries market experience, we believe our team brings the skills, deep relationships and data-driven insights to deliver differentiated capital solutions and a collaborative approach across Ares Secondaries’ comprehensive suite of GP offerings, including structured solutions, continuation vehicles and GP stakes. We are grateful for the support of our investors and look forward to our continued work with GPs as they advance their goals for long-term value creation.”
Nate Walton, Head of Private Equity Secondaries at Ares
