Deals
Ares Hires Blackstone’s Serocold to Target Europe’s Rich
- Mark Serocold will join Ares in November based in London
- He will head the EMEA arm of Ares Wealth Management Solutions
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Ares Management Corp. has hired Mark Serocold from Blackstone Inc. to run a new investment unit targeting wealthy Europeans.
Serocold, who joins in November, will head the EMEA arm of Ares Wealth Management Solutions, a unit created last October to target wealthy individual investors through private banks and wealth management firms, according to people familiar with the matter, who asked not to be identified because it’s private. He will be based in London, the people said.