Ares Mulls Milan Office Move to Target Italy’s Private Deals
- Growing list of funds have outposts in Italy’s financial hub
- International firms devised workarounds to lending regulation
Milan, Italy.
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Alternative asset manager Ares Management Corp. is considering setting up shop in Milan to target lending opportunities to businesses that currently lack access to private credit.
The firm is actively considering the move but hasn’t decided yet whether to actually set up a team of professionals in the Italian financial capital, a person familiar with the matter said, and there’s no certainty the move will definitively happen.