Ares and PSP Investments form JV to invest up to $2.4B
Ares Management and PSP Investments announced a new Ares Real Estate fund joint venture to invest up to $2.4 billion in U.S. logistics real estate.
Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, and the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investors, announced today that an Ares Real Estate fund (“Ares”) and PSP Investments have established a new…