http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Fri, 13 Mar 2026 08:58:28 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Analyst+PT+Change/Ares+Management%2C+L.P.+%28ARES%29+PT+Lowered+to+%2419+at+JPMorgan/26156966.html JPMorgan analyst Kenneth Worthington lowered the price target on Ares Management, L.P. (NYSE: ARES) to $19.00 (from $22.00) while maintaining a Overweight rating. http://www.streetinsider.com/Analyst+PT+Change/Ares+Management%2C+L.P.+%28ARES%29+PT+Lowered+to+%2419+at+JPMorgan/26156966.html Fri, 13 Mar 2026 08:58:28 -0400 ARES http://www.streetinsider.com/Corporate+News/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html <p>Apollo Sports Capital, an affiliate of Apollo (NYSE: APO), completed its investment to become the majority shareholder of Spanish football club Atlético de Madrid, the company announced.</p><p>The transaction maintains the existing leadership structure, with Miguel Ángel Gil continuing as Chief Executive Officer and Enrique Cerezo remaining as Chairman. Quantum Pacific Group retains substantially all of its previously held stake as the second-largest shareholder, while Gil, Cerezo, and Ares funds remain as shareholders.</p><p>The club's board approved an increase of equity and strategic capital up to an additional €100 million to support investment in teams and infrastructure projects as part of Ciudad http://www.streetinsider.com/Corporate+News/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html Thu, 12 Mar 2026 08:33:09 -0400 APO ARES http://www.streetinsider.com/Corporate+News/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html <p>Apollo Sports Capital, an affiliate of Apollo (NYSE: APO), completed its investment to become the majority shareholder of Spanish football club Atlético de Madrid, the company announced.</p><p>The transaction maintains the existing leadership structure, with Miguel Ángel Gil continuing as Chief Executive Officer and Enrique Cerezo remaining as Chairman. Quantum Pacific Group retains substantially all of its previously held stake as the second-largest shareholder, while Gil, Cerezo, and Ares funds remain as shareholders.</p><p>The club's board approved an increase of equity and strategic capital up to an additional €100 million to support investment in teams and infrastructure projects as part of Ciudad http://www.streetinsider.com/Corporate+News/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html Thu, 12 Mar 2026 08:33:09 -0400 APO ARES http://www.streetinsider.com/Mergers+and+Acquisitions/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html <p>Apollo Sports Capital, an affiliate of Apollo (NYSE: APO), completed its investment to become the majority shareholder of Spanish football club Atlético de Madrid, the company announced.</p><p>The transaction maintains the existing leadership structure, with Miguel Ángel Gil continuing as Chief Executive Officer and Enrique Cerezo remaining as Chairman. Quantum Pacific Group retains substantially all of its previously held stake as the second-largest shareholder, while Gil, Cerezo, and Ares funds remain as shareholders.</p><p>The club's board approved an increase of equity and strategic capital up to an additional €100 million to support investment in teams and infrastructure projects as part of Ciudad http://www.streetinsider.com/Mergers+and+Acquisitions/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html Thu, 12 Mar 2026 08:33:09 -0400 APO ARES http://www.streetinsider.com/Mergers+and+Acquisitions/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html <p>Apollo Sports Capital, an affiliate of Apollo (NYSE: APO), completed its investment to become the majority shareholder of Spanish football club Atlético de Madrid, the company announced.</p><p>The transaction maintains the existing leadership structure, with Miguel Ángel Gil continuing as Chief Executive Officer and Enrique Cerezo remaining as Chairman. Quantum Pacific Group retains substantially all of its previously held stake as the second-largest shareholder, while Gil, Cerezo, and Ares funds remain as shareholders.</p><p>The club's board approved an increase of equity and strategic capital up to an additional €100 million to support investment in teams and infrastructure projects as part of Ciudad http://www.streetinsider.com/Mergers+and+Acquisitions/Apollo+Sports+Capital+becomes+majority+shareholder+of+Atletico+de+Madrid/26149945.html Thu, 12 Mar 2026 08:33:09 -0400 APO ARES http://www.streetinsider.com/Press+Releases/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html <p><strong>Club continues under the leadership of CEO Miguel Ángel Gil and Chairman Enrique Cerezo</strong></p><p align="left">MADRID and NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Atlético de Madrid today announced that Apollo Sports Capital (‘ASC’), the global sports investment company and affiliate of Apollo (NYSE: APO), has completed its previously announced investment to become the Club’s majority shareholder. As part of the transaction, the Quantum Pacific Group (QPM) will retain substantially all of its previously held stake and be the second-largest shareholder, while Miguel Ángel Gil and Enrique Cerezo as well as Ares funds will remain as shareholders.</p> http://www.streetinsider.com/Press+Releases/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html Thu, 12 Mar 2026 08:30:00 -0400 APO ARES http://www.streetinsider.com/Press+Releases/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html <p><strong>Club continues under the leadership of CEO Miguel Ángel Gil and Chairman Enrique Cerezo</strong></p><p align="left">MADRID and NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Atlético de Madrid today announced that Apollo Sports Capital (‘ASC’), the global sports investment company and affiliate of Apollo (NYSE: APO), has completed its previously announced investment to become the Club’s majority shareholder. As part of the transaction, the Quantum Pacific Group (QPM) will retain substantially all of its previously held stake and be the second-largest shareholder, while Miguel Ángel Gil and Enrique Cerezo as well as Ares funds will remain as shareholders.</p> http://www.streetinsider.com/Press+Releases/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html Thu, 12 Mar 2026 08:30:00 -0400 APO ARES http://www.streetinsider.com/Globe+Newswire/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html <p><strong>Club continues under the leadership of CEO Miguel Ángel Gil and Chairman Enrique Cerezo</strong></p><p align="left">MADRID and NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Atlético de Madrid today announced that Apollo Sports Capital (‘ASC’), the global sports investment company and affiliate of Apollo (NYSE: APO), has completed its previously announced investment to become the Club’s majority shareholder. As part of the transaction, the Quantum Pacific Group (QPM) will retain substantially all of its previously held stake and be the second-largest shareholder, while Miguel Ángel Gil and Enrique Cerezo as well as Ares funds will remain as shareholders.</p> http://www.streetinsider.com/Globe+Newswire/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html Thu, 12 Mar 2026 08:30:00 -0400 APO ARES http://www.streetinsider.com/Globe+Newswire/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html <p><strong>Club continues under the leadership of CEO Miguel Ángel Gil and Chairman Enrique Cerezo</strong></p><p align="left">MADRID and NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Atlético de Madrid today announced that Apollo Sports Capital (‘ASC’), the global sports investment company and affiliate of Apollo (NYSE: APO), has completed its previously announced investment to become the Club’s majority shareholder. As part of the transaction, the Quantum Pacific Group (QPM) will retain substantially all of its previously held stake and be the second-largest shareholder, while Miguel Ángel Gil and Enrique Cerezo as well as Ares funds will remain as shareholders.</p> http://www.streetinsider.com/Globe+Newswire/Apollo+Sports+Capital+Completes+Transaction+to+Become+Majority+Shareholder+of+Atl%C3%A9tico+de+Madrid/26149836.html Thu, 12 Mar 2026 08:30:00 -0400 APO ARES http://www.streetinsider.com/Corporate+News/Ares+closes+%24850+million+continuation+vehicle+for+Convergint/26092800.html <p>Ares Management Corporation (NYSE: ARES) announced the closing of a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, a systems integration company. The transaction was led and fully underwritten by Leonard Green & Partners' Sage Fund, with Vintage Strategies at Goldman Sachs Alternatives also participating as an investor.</p><p>An Ares Private Equity fund made an additional investment in Convergint alongside the continuation vehicle. Ares funds will maintain a shared control position in the company with existing co-sponsors Leonard Green & Partners and Harvest Partners.</p><p>Convergint operates as a provider of technology-enabled security and safety solutions, including security http://www.streetinsider.com/Corporate+News/Ares+closes+%24850+million+continuation+vehicle+for+Convergint/26092800.html Mon, 02 Mar 2026 16:31:30 -0400 ARES http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Press+Releases/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734 http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html <p> NEW YORK--(BUSINESS WIRE)-- Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was led and fully underwritten by Leonard Green &amp; Partners’ (“LGP”) Sage Fund, which seeks to invest in industry-leading assets of other private equity sponsors through single-asset continuation vehicles. Vintage Strategies at Goldman Sachs Alternatives also invested in the continuation vehicle. </p><p> Alongside the continuation vehicle, http://www.streetinsider.com/Business+Wire/Ares+Closes+%24850+Million+Single-Asset+Continuation+Vehicle+for+Convergint+Led+by+Leonard+Green+%26amp%3B+Partners/26092735.html Mon, 02 Mar 2026 16:30:00 -0400 A.14111542 A.15352765 A.27385805 A.30645299 A.41761830 ARES O.00037537 O.00164897 O.00642220 O.05850241 O.22834722 O.48172734