Actualités

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market.

Private credit pioneer Ares Management disclosed ‌a wide array of new or increased stakes ‌in alternative asset vehicles including several direct lending funds in its quarterly ​13-F filing with the U.S. Securities and Exchange Commission on Friday. Ares, an alternative asset manager that said this month  it raised a record $30 billion during the first quarter, revealed that ‌it initiated a ⁠position in medical device manufacturer Integer Holdings during the same period, a stake that was ⁠valued at $53.3 million as of March 31. It also made smaller first-time investments in business development companies (BDCs) BlackRock TCP Capital and ​Carlyle Secured ​Lending.

California and Oregon have begun trying to punish healthcare investors that encroach on medical care.

Ares Management’s first quarter saw strong revenue growth, with management attributing performance to robust institutional fundraising and broad-based product demand across its credit, real assets, and secondaries platforms. CEO Michael J. Arougheti emphasized that, despite a seasonal slowdown and geopolitical uncertainty, the firm’s deployment and fundraising remained resilient. He highlighted that “our pipeline of new institutional funds remains robust for this year and next year,” supporting