Published on 22 Mar 2024 on Bloomberg via Yahoo Finance
Ares, KKR Among Lenders Seeking to Capitalize on Barings Fallout
(Bloomberg) -- Private credit firms including Ares Management Corp., KKR & Co. and Intermediate Capital Group Plc are looking to capitalize on troubles at Barings after the sudden exit of over 20 employees forced it to pause some investments.
Most Read from Bloomberg
Putin Rejected Terror Alert Before Deadliest Attack in DecadesCatherine, Princess of Wales, Says She’s Being Treated for CancerTrump-Tied SPAC Deal Approved, Setting Up Potential WindfallNY Gears Up to Seize Trump Westchester Assets If Fraud Fine Is UnpaidBaltimore Wants to Sell Hundreds of Vacant Homes for $1 Each