Ares Management Corp is one of the leaders in private credit globally.
If tariffs imposed by the Donald Trump US presidential administration cause a global recession, high yield credit rates will shoot up.
This will temporarily incur losses on Ares.
In the long-run, however Ares Management Corp will further displace banks in lending to mid-cap high yield borrowers at 7 % to 14 % interest rates. The newly won market share will unlock more than 10 billion USDs in value for Ares, according to Wolfteam Ltd.'s projections and estimates.
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