Ares Management already has more than $50 billion in assets under management from semiliquid vehicles targeted at retail.

Last spring, the billionaire Michael Arougheti had two light beers in hand and a good reason to celebrate — he had just become the co-owner of the Baltimore Orioles. Arougheti, the CEO of investment ...

The economic uncertainty caused by President Trump’s tariff moves is unlikely to trigger a sharp uptick in private-equity-owned companies failing to repay their loans, the head of private-credit giant ...

John P. Angelos has agreed to sell the Baltimore Orioles to private equity billionaires David Rubenstein and Mike Arougheti, according to multiple reports Tuesday. The transaction reportedly values ...