About This Fund
Ares SSG Capital Partners VI, L.P. is a credit special situations fund focused on Asia Pacific private markets, managed by Ares SSG Capital Management, the Hong Kong-based Asia credit platform of Ares Management Corporation. The fund held its final close in November 2023 with total commitments of $2.4 billion across the fund and co-investment vehicles, marking one of the largest dedicated Asia credit special situations fundraises in recent years and substantially exceeding its predecessor fund, Ares SSG Capital Partners V, which raised $1.7 billion.
The fund employs a flexible, opportunistic credit strategy targeting non-performing loans (NPLs), distressed single-asset situations, and performing private credit opportunities across key Southeast and South Asian markets—including India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. Ares SSG's approach targets credit investments with strong downside protection and equity-like return potential, bridging a critical capital gap for large performing businesses underserved by the region's structurally inefficient banking systems and shallow public capital markets. The strategy focuses on private, bespoke credit solutions that provide scale and certainty to borrowers who cannot access international syndicated markets efficiently.
Ares Management acquired a controlling interest in SSG Capital Holdings Limited in 2020, rebranding it as Ares SSG Capital Management and integrating it as the firm's flagship Asia credit platform. With a pan-Asian team footprint spanning Hong Kong, Singapore, Mumbai, and other major financial centres, Ares SSG maintains deep local sourcing capabilities and on-the-ground due diligence capacity across the region. The seventh vintage fund in the Ares SSG series raised an additional $400 million in fresh capital in 2025, reflecting sustained investor appetite for Asia credit special situations and validation of the strategy's performance across market cycles. Ares Management Corporation manages over $406 billion in credit assets globally, providing Ares SSG with world-class institutional resources and access to cross-platform expertise.