The Rise of Private Credit & its Impact on M&A
Apr 22, 2026•by Tiernan O Mahoney
What You Need To Know
Private credit is reshaping M&A by offering faster, more flexible financing, but its weaker covenant structures could also create risks that only surface later.

Ares Management is a leading global alternative investment manager with a dominant focus on private credit, managing nearly $600 billion in assets (as of late 2025)
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