CIBC Asset Management announced that it is expanding its strategic relationship with Ares Management Corporation to add strategies that invest in global private credit markets. Ares is currently the sub-advisor to the Renaissance Floating Rate Income Fund. There are three key components to the expanded strategic relationship with Ares. Lastly, the strategic relationship may also include the ability to offer Ares' various investment strategies to Canadian investors through CIBC Asset Management.
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- CIBC Asset Management Expands Strategic Relationship with Ares Management to Include Private Credit