Alternative Credit


Alternative Credit sources investment opportunities that fall outside of traditional, well-defined markets. Our strategies feature a differentiated approach to value capture through direct origination, credit arbitrage and disruptions in traditional markets.

Alternative Credit offers a broad range of sub strategies designed to be client-focused and solutions-based with three main formats: pure play, customized and flagship funds. Each format benefits from Ares' focus on asset security, covenants, cash flow velocity and other features designed to capture value and minimize risk to principal. Alternative Credit targets a level of downside protection, low correlation to traditional markets, diversification, attractive levels of current income and attractive risk-adjusted return opportunities. Aligning Ares' investment activities with its desire to have a positive societal impact, Ares and Alternative Credit portfolio managers have committed to donating a portion of carried interest from certain Alternative Credit funds to global health and education charities.


Targeted Opportunity Set

Opportunity 1
  • Student Loans
  • Timeshares
  • Healthcare Receivables
  • Consumer Loans
  • Auto Loans
Corporate & Whole Business
  • Fund Finance
  • Secondaries Lending
  • Structured Equity
  • Equipment Leasing
  • Whole Business Securitizations
  • CLOs
  • Small Business Loans
  • Asset Manager Fees
  • Trade receivables
  • GP/Manager Finance
  • Tax Receivable Agreements
Opportunity 3
Transportation & Infrastructure
  • Aviation Assets
  • Solar Loans
  • Cell Towers
  • Fiber Assets
  • Shipping Containers
  • PACE
  • Data Centers
Real Assets
  • CMBS
  • Ground Leases
  • Residential Mortgages
  • REIT Finance
  • Mortgage Servicing Rights
  • Single Family Rentals
  • Fix-and-Flip Finance
  • Whole Loans
  • Triple Net Leases
  • Music Royalties
  • Agriculture Loans
  • NPL/RPL Portfolios
  • Servicer Fees
  • Drug Royalties
  • Media and Sports Assets
  • Legal Assets
  • Capital Relief Transactions
*For illustrative purposes only.
Opportunity 4

We employ true bottom-up analysis to evaluate the risk and value of each investment. Each opportunity is subjected to a rigorous investment process, drawing upon the breadth of the team’s experience and enhanced by proprietary data, analytical tools and systems. We approach each sector with specialized, dedicated resources and often collaborate with other investment professionals at Ares to enhance our view of risk and value.

Our Approach

We approach each sector with specialized, dedicated resources in collaboration with other investment professionals at Ares

With a seasoned team comprised of approximately 60 dedicated investment professionals, we believe we are one of the most active market participants. We believe our scale and flexibility contribute to Ares’ ability to originate opportunities and capture value in Alternative Credit.

Our Approach


Co-Heads of Alternative Credit

For inquiries regarding Alternative Credit please contact:

Keith Ashton

Tel: (212) 888-7089

Email: [email protected]

Joel Holsinger

Tel: (212) 515-3238

Email: [email protected]

Head of Product Management and Investor Relations

For inquiries regarding Alternative Credit investor relations please contact: