Ares Special Opportunities Fund - London

I think the returns you are referencing might have been early days during COVID with a few catalysts playing out quickly... but one of the posters above is right in saying they were very opportunistic and bold during / towards the end of the initial COVID dislocation which was obviously a good time to go really long the market with no negative offset from existing exposure.  That being said, I am certain that first fund will NOT post a 46% annualised return when all is said and done and it is a relatively standard special sits strategy (nothing bad about that, there's just not that much scope to do something unique in a saturated / efficient market with lots of capital chasing a relatively small opportunity set).

One thing to think carefully about is the dynamic of working for a U.S. based firm as part of a small team in London, with all of the key decision-makers and head of team based in LA (there are a few firms that do NYC + London, but LA + London is a meaningful difference in terms of logistics, cultural differences, general proximity and understanding of dynamics in Europe).  The head of the team in London is well regarded in Europe and from my understanding a good guy, but the guys calling the shots are all in LA and I would diligence carefully how active they have been in London over the past year.  

Comp will be aligned with market and competitive, culture is ok in London as far as I know but can be intense.