In 2002, Ares completed a spinout from Apollo management and the following year completed fundraising for Ares Corporate Opportunities Fund, a special situations investment fund with $750 million of capital under management.
Ares completed a spinout from Apollo management. This was in 2002. Ares completed the following year completed fundraising for Ares Corporate Opportunities Fund under management. This was in 2002. Ares Corporate Opportunities Fund were a special situations investment fund with $750 million of capital.