Ares Management closed its inaugural Ares Global Structured Solutions Fund (AGSS), raising approximately $4.2 billion for the fund and its affiliated vehicles. The raise exceeded the fund’s initial $1 billion target. The fundraising reflects strong investor demand for tailored financial solutions in private equity.

The Ares Private Equity Secondaries team manages AGSS. The fund will provide flexible capital to private equity general partners (GPs), supporting increased commitments to their own funds, seeding new strategies, and succession planning.

Ares has deployed nearly $9 billion in similar structured solutions transactions since 2013.