Ares Management (ARES) announced that it has appointed Kipp deVeer and Blair Jacobson to the newly created positions of Co-Presidents,

Ares Management (NYSE:ARES) has appointed Kipp deVeer and Blair Jacobson to the newly created positions of co-presidents, effective immediately. deVeer, who joined Ares in 2004, has been a key architect in founding and building the Ares Credit Group.

In connection with these appointments, Mitchell Goldstein and Michael Smith will continue to serve as Co-Heads of Ares' Credit Group, which they have co-led since 2017. Michael Dennis and Matt Theodorakis will continue to jointly lead the European Direct Lending strategy.

Ares Management Corporation has appointed Kipp deVeer and Blair Jacobson as co-presidents. DeVeer and Jacobson will continue to be based in New York and London, respectively.