Ares Private Markets Fund (APMF) has appointed Barry Miller as its chief executive officer, effective 11 August, 2022. Miller is currently a partner in the Ares Secondary Solutions Group, where he focuses on private equity secondaries.
Miller has 24 years of experience across private equity and secondary investing.
APMF is a registered, continuously offered, non-traded, closed-end fund. Leveraging the strength of the global Ares platform, which had approximately $334 billion of assets under management as of June 30, 2022, and the 30-year history of Ares’ Secondary Solutions Group, the Fund intends to invest in a diversified portfolio of private equity fund stakes backed by leading private equity sponsors in both the US and Europe. The Fund is distributed through Ares Wealth Management Solutions (AWMS) and is currently available through registered investment advisors and will be available through financial advisors across the US.
Prior to joining Ares in 2021, Miller most recently spent eight years as a partner in the Landmark Partners Private Equity Group, focusing on transaction origination, underwriting and negotiation of secondary private equity investments. Previously, Miller was head of private equity at the New York City Retirement Systems (NYCRS), having served on the LP Advisory Boards of more than 40 private equity funds. In addition, he was a partner at Pomona Capital (Pomona) where he focused on sourcing and executing secondary transactions and was a member of the Pomona Capital Investment Committee. Prior to joining Pomona, he was a senior investment manager at AXA Private Equity.