Ares Private Markets Fund

The Ares Private Markets Fund aims for long-term capital growth through a diverse portfolio of private assets, primarily in North America. It focuses on secondary private equity investments, with lesser emphasis on primary and direct investments. The fund, with 20 investments and 236 companies, allocates 45% to traditional secondaries, 40% to GP-led transactions, and 15% to structured solutions, primaries, and co-investments. Despite its diverse intended exposure, 98% of its assets were in buyouts as of 03/31/2023.