Goodwin’s Private Investment Funds team advised Ares Credit Secondaries funds (“Ares”) in leading a $2.5 billion credit continuation vehicle sponsored by Arcmont Asset Management. The transaction, representing the largest European credit continuation fund to date, involved the acquisition of a diversified portfolio of primarily first-lien senior secured loans from Arcmont’s 2019 vintage Direct Lending Fund III, providing liquidity to existing limited partners while enabling continued exposure to the portfolio, with Arcmont retaining ongoing management of the assets.
Ares is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity, and infrastructure asset classes. The company seeks to advance its stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for its investors and within its communities. By collaborating across investment groups, Ares aims to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2025, Ares’ global platform had nearly $623 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific, and the Middle East.
The Goodwin team was led by Jacqueline Eaves, Thiha Tun, David Irvine, Ai Tajima, Anuj Ghai, Anne Stroude, Bruce Fitzpatrick, Pareen Maru, Hamel Patel, Michael Pears, Samuel Honnywill, and David Patton.
For more information, please read the press release.