Ares Management Corporation (Ares) has reached a final close on its Infrastructure Debt Fund V (IDF V) in New York, USA.

IDF V held its final close on December 29, 2022, at approximately US$5 billion. IDF V targets investment across the digital, utilities, renewables, energy and transportation sectors. The fund is being managed by Ares, a leading global alternative investment manager. 

Overall the Infrastructure Debt team has established a strong track record of committing approximately US$10.4 billion across more than 60 assets since 2011.