Ares Management Corporation Launches Dedicated Wealth Management Solutions in Asia
08 Juni 2022 - 12:30PM
Business Wire
Henry Lee Joins as Head of Asia for Ares Wealth
Management Solutions to Oversee Retail Product Development,
Distribution and Strategic Distribution Partnerships Across the
Region
Ares Management Corporation (“Ares”) announced today that Henry
Lee has joined Ares Wealth Management Solutions (“AWMS”) to lead
its Asia efforts as part of the Firm’s commitment to build out
dedicated wealth management teams that cater to the growing retail
opportunity in this region.
Mr. Lee is joining as a Partner in the Hong Kong office and will
report to Raj Dhanda, Ares’ Global Head of Wealth Management in
AWMS. In his newly created role, Mr. Lee will oversee retail
product development, distribution and strategic distribution
partnerships across Asia. He will focus on expanding the depth and
breadth of Ares’ relationships with financial intermediaries in
order to strategically partner on industry leading, innovative
solutions across the Firm’s primary and secondary solutions in
credit, private equity, real estate and infrastructure strategies
for individual investors.
With more than 17 years of experience in private banking and
investment management with a focus on alternative investing, Mr.
Lee joins Ares after a 16-year career at HSBC, where he was the
Global Head of Discretionary Portfolio Management and Head of
Alternative Investments for HSBC’s Global Private Bank. Prior to
his most recent role, Mr. Lee held numerous other positions in
HSBC’s Hong Kong and London offices during his tenure.
“Henry’s addition and the build-out of AWMS’ capabilities
globally reflect our commitment to expanding access to Ares’
leading investment strategies and market insights for individual
investors,” said Michael Arougheti, Chief Executive Officer and
President of Ares. “Through our expanding range of institutional
and retail vehicles, coupled with excellent client service and
educational resources, we believe Ares is well-positioned to
support individual investors’ growing demand for high-quality
private market solutions across the Asia region.”
“International expansion is a significant growth opportunity for
AWMS. Under Henry’s leadership, we are taking a pivotal step to
enhance our presence in private markets across Asia,” said Raj
Dhanda. “With approximately 105 professionals and backed by the
power and scale of the Ares platform, AWMS represents one of the
most resourced private wealth distribution platforms in the
alternatives industry. We believe that the extension of our wealth
platform in Asia will help to further bolster our strong position
in the market.”
“I am excited to join Ares as the firm continues to expand its
platform offering to private wealth clients around the globe,” said
Henry Lee. “Backed by Ares, a global leader in alternatives with a
wide range of institutional quality alternative products, I believe
that AWMS is attractively positioned for growth and will be well
received by retail investors throughout Asia.”
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit,
private equity, real estate and infrastructure asset classes. We
seek to provide flexible capital to support businesses and create
value for our stakeholders and within our communities. By
collaborating across our investment groups, we aim to generate
consistent and attractive investment returns throughout market
cycles. As of March 31, 2022, Ares Management Corporation's global
platform had approximately $325 billion of assets under management,
with more than 2,100 employees operating across North America,
Europe, Asia Pacific and the Middle East. For more information,
please visit www.aresmgmt.com.
Ares Wealth Management Solutions
Ares Wealth Management Solutions (AWMS) oversees the product
development, distribution, marketing and client management
activities of investment offerings for the global wealth management
channel. With a team of approximately 105 professionals and backed
by the power and scale of the Ares platform, AWMS represents one of
the most resourced wealth distribution and client service teams in
the alternatives industry. AWMS’ mission is to provide advisors and
their clients access to innovative, solutions-oriented investment
opportunities, across the Ares platform of industry leading credit,
private equity, real estate and secondaries strategies. Through our
range of institutional and retail structures, coupled with
excellent client service and educational resources, we help
investors diversify their portfolios with private market solutions
that seek to deliver consistent, long-term growth.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220607006279/en/
U.S. Priscila Roney, +1 212-808-1185 or Brittany Cash, +1
212-301-0347 Media@aresmgmt.com
Asia Media.asia@aresmgmt.com
Ares Management (NYSE:ARES)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Ares Management (NYSE:ARES)
Historical Stock Chart
Von Mai 2023 bis Mai 2024