Ares PE trouble fundraising?!??
Freshman at Target here and was lookingpositions in the future and came across Ares. While a $12b fund, noticed that Ares had a higher target and is still only at 4.3b (2016 vintage was $8b).
What impact should this have in the event they raise significantly less capital for their sixth fund (ACOF VI)? Would they still be considered a top SA choice over EBs?