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Wealth Management

Ares mulls Milan office amid direct lending and wealth boom

The $464bn private credit giant is ‘actively considering’ a presence in Italy’s financial capital, according to people familiar with the situation

Milan is becoming a hub for high net worth clients as well as beautiful architecture
Milan is becoming a hub for high net worth clients as well as beautiful architecture Photo: Getty Images

FN is now covering wealth management. Here’s what you need to know

Private credit giant Ares Management is mulling an office in Milan, following hot on the heels of other buyout firms setting up in Italy amid a direct lending and high net worth investor boom.

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