FundsPrivate Equity
Ares Private Markets Fund (APMF)

Ares Private Markets Fund (APMF)

Ares Management

Ares Private Markets Fund (APMF) banner

Overview

Ares Private Markets Fund (APMF) is a diversified private equity investment vehicle designed to provide investors with exposure to private markets through a mix of secondary transactions, GP-led deals, primary commitments, structured solutions, and co-investments. By focusing heavily on secondaries, the fund seeks to acquire mature private equity assets, offering investors faster capital deployment and reduced early-stage investment drag. It targets a broad range of industries, with a core focus on buyout strategies and selective exposure to growth equity. Geographically, the fund is primarily North America-focused, with additional allocations in Europe and other global markets. Ares Management is a global leader in alternative investments, with deep expertise across private equity, private credit, real estate, and infrastructure. The firm’s dedicated secondaries team has a strong track record in sourcing, evaluating, and structuring transactions, providing access to high-quality private market opportunities. Through its expansive network and disciplined investment approach, Ares aims to generate strong risk-adjusted returns while offering liquidity features that make private equity more accessible to investors.

Key Statistics

Fund Size

€2,600M

Target Return

N/A

Realized annualized return since inception

14.2%

Launch Year

2022

Min. Investment

€25,000

Liquidity Level

High (<1 year)

Liquidity Options

Quarterly redemptions (5% NAV cap), 2% early redemption fee

Highlights

Diversified private equity fund
History since 2022
Largest private credit platform globally

Portfolio Composition

  • None

Geographic Focus

Europe
16%
North America
78%
Rest of World
6%

Investment Strategy

Strategy Allocation

Industry Focus

Industry Distribution

Historical Performance

Quick Facts

Structure

Tender Fund

Product Category

Open-end

Domicile

United States

GP Type

Single

Management Fee

1.4%

Carry

12.50%

High Water Mark

No

Availability

Open for public

Currencies

USD

ISIN

Not available

Performance & Risk, Key Information Document (KID) – (EU funds only)

KID Risk Indicator

? out of 7

N/A

Annual returns (KID)

Stressed

%

Moderate

%

Favorable

%

Average total cost level (KID)

4.86%

Insights by FundScouter

Overview

Ares Private Markets Fund (APMF) is a well-diversified private equity investment vehicle managed by Ares Management. The fund stands out for its strong focus on secondaries, providing investors with quicker capital deployment and reduced early-stage investment drag.

Key Strengths

  • Diversified Exposure: A mix of GP-led and LP-led secondaries, structured solutions, and co-investments.
  • Strong Performance: Annualized return of 14.23%, making it a competitive choice in private equity.
  • Institutional-Grade Management: Operated by Ares, a global leader in alternative investments.

Investment Strategy

APMF heavily leans on secondaries (over 90% allocation), minimizing blind pool risk and providing exposure to mature assets. It invests primarily in North America (78%) with additional allocations in Europe (16%).

Potential Drawbacks

  • Liquidity Constraints: Quarterly redemptions with a 5% NAV cap and early redemption fees.
  • High Minimum Investment: Requires €25,000, which may not be accessible to all investors.

Final Verdict

APMF is a strong option for investors seeking diversified private equity exposure with an emphasis on secondaries. While its liquidity limits may not suit short-term investors, its institutional backing and solid returns make it a compelling choice for long-term private market exposure.

These details were written by FundScouter, and may have mistakes.

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