03:08 PM EDT, 05/01/2025 (MT Newswires) -- Ares Management ( ARES ) said Thursday it has surpassed $3 billion in assets under management for the Ares Private Markets Fund, which allows investments in private equity.

The fund, which launched in 2022, invests in a diversified portfolio of private equity fund stakes, backed by "leading private equity sponsors" in mainly North America and Europe, Ares Management ( ARES ) said.

As of March 31, the fund had over 276 total investments across over 7,500 underlying portfolio companies, the investment manager said.

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