Presentation to Vermont Pension Investment Committee
Ares Alternative Credit Capabilities
Ares is a leader in the Alternative Credit markets
Team
40
dedicated investment professionals
(one of the market's largest
dedicated teams)¹
~21yrs
of experience (on average)
across the team's 25 senior
investment professionals¹
~525
investment professionals across
Ares Credit, PE and Real Estate¹
Experience
~$15.6bn
in AUM across diverse
Alt Credit mandates³
~$15.0bn
deployed in Alt Credit
since inception²
~$3.5bn
deployed in last twelve months
As of December 31, 2020 unless otherwise noted. Past performance is not indicative of future results.
1. As of June 2021.
2. Since 2011. Please review in conjunction with the Pro Forma Performance Notes on slide 33.
3. As of March 2021. AUM reflects USD amount. Includes $14.5bn invested across dedicated funds and ~$1.1bn invested across other strategies.
Confidential - Not for Publication or Distribution
Track Record²
1.3bps
realized annualized
loss rate across Alt Credit
15.1%/10.8%
realized illiquid Alt Credit
pro forma gross and net
asset-level IRR
5.0%/4.4%
realized liquid (IG focused) Alt Credit
pro forma gross and net
asset-level IRR
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