Ares Management Corporation has announced that its subsidiary has completed the acquisition of AMP Capital’s Infrastructure Debt platform. The transaction adds approximately US$8 billion in assets under management.

Infrastructure Debt, along with Ares’ Infrastructure and Power strategy, will become part of a new reporting segment called the Ares Real Assets Group for the quarter ended March 31, 2022. The transaction accelerates the expansion of the global network, infrastructure platforms and leading private credit.