Ares Acquires GLP Capital Partners' Non-China Assets in $3.7 Billion Deal

10 Oct, 2024

Ares Management is set to acquire the non-China business of GLP Capital Partners in a significant $3.7 billion deal. This acquisition strengthens Ares’ position in the global investment management industry by expanding its reach into real estate assets outside of China. GLP Capital Partners is known for its extensive portfolio of logistics, data centers, and renewable energy infrastructure investments, making this a strategic addition for Ares.

This deal marks a major step forward for Ares as it continues to grow its assets under management, particularly in high-demand sectors such as real estate. The acquisition of GLP Capital Partners’ non-China assets aligns with Ares' broader strategy to capitalize on opportunities in the global market, further solidifying its position as a leading player in investment management.

By acquiring these assets, Ares will benefit from the strong performance of GLP’s portfolio, which includes some of the most valuable properties in key global markets. The transaction is expected to close in the coming months, subject to regulatory approvals and customary closing conditions.

Related News

Interview