Ares CEO Arougheti Sees Distressed Opportunities Amid the Pandemic

Ares CEO Arougheti Sees Distressed Opportunities Amid the PandemicJul.06 — Michael Arougheti, Ares Management chief executive officer, discusses the new $3.5 billion Ares Special Opportunities Fund LP, which is designed to sweep up debt and equity of companies hurt by the coronavirus pandemic. He speaks with Bloomberg’s Erik Schatzker on “Bloomberg Markets.” (Video edited to remove incorrect graphic.)

from Yahoo Finance https://ift.tt/2O67r89

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