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Ares Management launches Ansley Park Capital

Funds managed by Ares Management’s alternative credit strategy have launched Ansley Park Capital, a lending and specialty finance company that delivers full spectrum, customised financing solutions for essential-use, large-ticket equipment.

Ansley Park’s management team and integrated operating platform were acquired from BciCapital, the equipment finance business of regional bank City National Bank of Florida. Ansley Park will offer scaled, flexible equipment-based capital solutions ranging from $5m to over $100m to a diversified array of industries including manufacturing, rail, construction, marine, infrastructure, energy, healthcare and corporate air travel.

Ares’s alternative credit funds have committed approximately $400m in initial equity capital to support originations, which the team expects to be in excess of $3bn.

Ansley Park will be led by Eric Miller, CEO and President; Mark Trollinger, CIO and Head of Capital Markets; and Robert Seltzer, Executive Vice President, Head of Direct Originations, who have all joined from BciCapital.

Ares’s alternative credit strategy is one of the largest investors in asset based credit with approximately $33.9bn in AUM as of 31 December 2023.

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