In line with its ongoing efforts to provide clients with the best alternative investment products managed by leading global fund managers, Gulf Capital Investment Company "Invest GB”, which is a wholly owned investment arm of Gulf Bank, is proud to announce a new strategic partnership with (Ares Wealth Management Solutions) , a global brand of Ares Management Corporation (traded under the ticker ARES on the New York Stock Exchange).
Ares holds a prestigious position among alternative global investment managers, and "Invest GP" and Gulf Bank will provide clients in Kuwait with access to Ares's direct lending platform in the United States.
Today, Ares possesses one of the largest global direct lending platforms, managing assets totaling $225 billion and employing over 370 investment professionals as of September 30, 2024. Specifically, the direct lending operations in the United States focus on investing in directly originated loans that top the capital structure of borrowing entities with floating interest rates, catering to mid-sized companies in the U.S. market. This strategy aims to create ongoing income, with the potential for capital appreciation and attractive returns when considering risk factors through market cycles. Through this strategic relationship, investors will benefit from an investment portfolio designed to preserve capital and generate income while facilitating fundamental investments throughout the changing market and interest rate cycles.
On this occasion, Ahmed Bouchehri, Head of International Equity and Fixed Income at "Invest GP," expressed his enthusiasm about the announcement, stating: "This strategic partnership aligns perfectly with our focus on providing our clients with the best-in-class alternative investment products, managed by the most successful fund managers in the world. This relationship grants our high-net-worth client’s unique opportunities to generate steady income while preserving invested capital, thanks to the efficiency of Ares's private credit investment platform and its performance across various economic cycles."