United States $546 Billion Alternative Investment Manager Ares Management Corporation Launches $2.4 Billion Japan Data Center Development Fund (Ares Japan DC Partners I LP), Institutional Investors Include $523 Billion Canada Pension Plan Investment Board (CPP Investments) Investing $1.3 Billion & Singapore-Based GLP
12th June | Hong Kong
United States alternative investment manager Ares Management Corporation ($545 billion AUM) has launched a $2.4 billion Japan data center development fund (Ares Japan DC Partners I LP), with institutional investors including $523 billion Canada Pension Plan Investment Board (CPP Investments) investing $1.3 billion & Singapore-based GLP. Announcement (11/6/25): “Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final close of Japan DC Partners I LP (“JDC I” or the “Fund”), marking Ares’ first vehicle dedicated to data center investment and development. With approximately US$2.4 billion (¥350 billion) in total equity commitments, the Fund positions Ares to be one of the largest data center investors in Japan with significant capital to meet the rapidly growing demand from cloud and artificial intelligence applications … … JDC I will invest in the development of three data center campuses in Greater Tokyo, one of the world’s largest data center hubs, that are expected to collectively deliver nearly 240MW of IT load. These development assets will incorporate strong sustainability standards, including renewable-enabled power sourcing and cooling systems aligned with leading water efficiency protocols. The Fund’s campuses will be developed and operated by Ada Infrastructure (“Ada”), a global data center platform acquired by Ares as part of the GCP International transaction and now vertically integrated into Ares. Supported by a dedicated team of over 70 professionals globally, Ada provides deep knowledge in executing complex data center projects. Ares anticipates additional investment opportunities in the Japan data center sector, including execution of its secured pipeline, as well as synergies between its broader digital infrastructure and climate infrastructure capabilities to support long-term development. Further, Ares believes that its established local capabilities in Japan, including extensive land sourcing activity and relationships with key business partners and community stakeholders through its leading logistics real estate business, strongly position the platform to continue expanding its data center footprint. As one of the institutional investors in the Fund, Canada Pension Plan Investment Board (“CPP Investments”) has made an equity commitment of approximately US$1.3 billion (¥193 billion). CPP Investments was joined by other large institutional investors including GLP Pte Ltd (“GLP”), a leading Singapore-based global investor focused on the new economy. GLP was the largest shareholder in GCP International prior to Ares’ acquisition of GCP International on March 1, 2025 and continues to own digital infrastructure assets across major international markets, including investments managed by Ares.” In 2024 May, Ares Management Corporation new Ares Private Markets Fund increased to $3 billion AUM after 3 years since launch in 2022. Ares Private Markets Fund invests in a portfolio of private equity fund stakes backed by leading private equity spoors mainly in North America & Europe. The fund is distributed via Ares Wealth Management Solutions with 150 professionals worldwide, which provides private market investment solutions to advisors & clients.
“ United States $546 Billion Alternative Investment Manager Ares Management Corporation Launches $2.4 Billion Japan Data Center Development Fund (Japan DC Partners I LP), Institutional Investors Include $523 Billion Canada Pension Plan Investment Board (CPP Investments) Investing $1.3 Billion & Singapore-Based GLP “
Blair Jacobson, Co-President of Ares: “This achievement underscores the leading investment and development capabilities that the combined Ares and GCP International platform brings to Japan’s new economy sectors, and we appreciate the meaningful support from the Fund’s investors, including CPP Investments. With the increasing adoption of AI and cloud computing technologies positioning Japan as a key market in the global data center ecosystem, we believe this capital will enable Ares to address supply constraints. As we work to introduce this next wave of critical assets, we are confident that the team’s longstanding relationships with key data center customers and track record as reliable stewards of these assets will position us well as we seek to generate compelling risk-adjusted returns.”
Max Biagosch, Senior Managing Director & Global Head of Real Assets for CPP Investments: “The demand for data centers in Asia Pacific continues to grow due to the increasing need for data processing and consumption. As one of the largest data center markets in Asia, Japan acts as a key connection point between Asia and North America to facilitate efficient data transfer. The commitment to the Fund will further advance our global data center strategy and deliver attractive risk-adjusted returns for CPP contributors and beneficiaries.”
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, real estate, private equity 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, 2025, Ares Management Corporation’s global platform had approximately US$546 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East.
CPP Investments – Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Fund in the best interest of the more than 22 million contributors and beneficiaries of the Canada Pension Plan. In order to build diversified portfolios of assets, investments are made around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan and at arm’s length from governments. At March 31, 2025, the Fund totalled C$714.4 billion.
United States $525 Billion Alternative Investment Manager Ares Management Corporation New Ares Private Markets Fund Increased to $3 Billion AUM after 3 Years Since Launch in 2022, Invests in Portfolio of Private Equity Fund Stakes Backed by Leading Private Equity Sponsor Mainly in North America & Europe, Distributed via Ares Wealth Management Solutions with 150 Professionals Worldwide Provides Private Market Investment Solutions to Advisors & Clients

2nd May 2025 – United States alternative investment manager Ares Management Corporation ($525 billion AUM) new Ares Private Markets Fund has increased to $3 billion AUM after 3 years since launch in 2022. Ares Private Markets Fund invests in a portfolio of private equity fund stakes backed by leading private equity spoors mainly in North America & Europe. The fund is distributed via Ares Wealth Management Solutions with 150 professionals worldwide, which provides private market investment solutions to advisors & clients. Announcement (1/5/25): “Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that its Ares Private Markets Fund (“APMF”), a diversified private equity investment solution anchored in secondary investments, exceeded $3 billion in assets under management in its first three years in the market. APMF is distributed through Ares’ Wealth Management Solutions platform (“AWMS”), an industry leader in providing private market investment solutions to advisors and their clients. Leveraging the Ares Secondaries Group’s more than 30 years of experience, APMF invests in a diversified portfolio of private equity fund stakes backed by leading private equity sponsors in primarily North America and Europe. Since its launch in 2022, APMF seeks to generate risk-adjusted returns through an accessible structure that provides enhanced transparency and expected quarterly liquidity to its investors. As of March 31, 2025, APMF had over 276 total investments across over 7,500 underlying portfolio companies across a range of sectors and investment types … … Since the launch of AWMS in 2021, Ares has remained focused on scaling its wealth platform to deliver private markets access and education to financial advisors and their clients. With a growing team of approximately 150 professionals located in offices throughout the U.S., Europe and Asia, AWMS represents one of the most resourced wealth distribution and client service platforms in the alternatives industry today.”
Barry Miller, CEO of APMF & Partner in the Ares Secondaries Group: “We are thrilled to achieve this milestone, which reflects the demand from investors for access to quality private markets solutions. For over three decades, Ares has been a leader in sourcing and managing secondaries investments while employing an innovative and data-driven approach to generate value through market cycles. On behalf of the Ares team, we look forward to further building on our progress as we seek to deliver risk-adjusted returns for our investors over the long-term.”
Raj Dhanda, Partner & Global Head of Wealth Management at Ares: “We believe that the secondary market provides an exciting opportunity to seek diversified growth through private equity investments. It’s exciting to see the continued momentum for APMF as we look to further expand our relationships and provide even more investors access to all our wealth channel solutions. We thank our expanding network of advisor relationships as well as the Ares and AWMS teams for their continued contributions to our mission.”
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, real estate, private equity 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 December 31, 2024, including the acquisition of GCP International which closed on March 1, 2025, Ares Management Corporation’s global platform had over $525 billion of assets under management, with operations across North America, Europe, Asia Pacific and the Middle East.
Ares Wealth Management Solutions – Ares Wealth Management Solutions’ (AWMS) mission is to provide advisors and their clients access to innovative, solutions-oriented investment opportunities across Ares, an industry-leading platform of credit, private equity, real estate, infrastructure and secondaries strategies. Through our range of institutional and retail investment vehicles, coupled with excellent client service and educational resources, we help professionals diversify their clients’ portfolios with private market solutions that seek to deliver consistent, long-term growth.
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