Elvinger Hoss Prussen advised Ares Management Corporation (“Ares”), a leading alternative investment manager, on the formation and establishment of its first European long term investment fund (“ELTIF”), Ares European Strategic Income ELTIF Fund (“AESIF ELTIF”). AESIF ELTIF aims to provide UK and European mid-market companies with capital through self-originated credit investments, while strengthening its strong position in the private assets sector.
As a pioneer in the direct lending market, Ares is spearheading the push for the retailization of alternative investments under the ELTIF label through the creation and launch of its latest flagship product, which allows retail investors across the European Economic Area to gain exposure to a broad range of private credit investments. Our advice included the structuring, establishment and regulatory approval of AESIF ELTIF.
The Elvinger Hoss Prussen team was led by Partners Benjamin Rossignon and Joachim Cour and assisted by Counsel Jérôme Mausen and Associate Demian Gonzalez.
