
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.
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
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
KID Risk Indicator
? out of 7
N/A
Annual returns (KID)
Stressed
%
Moderate
%
Favorable
%
Average total cost level (KID)
4.86%
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.
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%).
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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