Ares Management Corporation (NYSE: ARES) announced that it has completed its acquisition of the international business of GLP Capital Partners Limited, excluding its operations in Greater China, and certain of its affiliates (GCP International). With the addition of GCP International, Ares’ leading global alternative investment platform managed over US$525 billion in assets, including more than US$115 billion in its global Real Assets business, as of December 31, 2024.
Latham & Watkins LLP represented Ares in the transaction with a deal team led by asset management M&A partners Alex Kelly, Owen Alexander, and Daniel Breslin and real estate partner Michelle Kelban, with funds partner James McCrory, M&A partners Julian Kleindorfer, Beatrice Lo, and Hiroaki Takagi, M&A counsel Ben Kaplan, Julian Azran, and Michael Rackham, and associates Mack Weber, Michael Houlder, Michael Magstadt, Noah Lipshut, Manu Vadlamudi, Mary Ann Gallucci, James Crawford Richards, Jacopo Zonouzi, Juliette Gilioli, Elizabeth Duncan, and Mengfei Sun.