Thursday, 23 February 2017
Last updated 13 hours ago
Feb 17 2015 | 1:26pm ET
Alternatives manager Ares Management (ARES) has announced the promotion of John Leupp to the position of co-portfolio manager for two of the firm’s credit funds.
Leupp will co-manage the Ares Dynamic Credit Allocation Fund and Ares Multi-Strategy Credit Fund.
Leupp joined ARES in 2003 and has been a portfolio manager with the company’s Tradable Credit Group. In his new role, he joins co-managers Seth Brufsky and Keith Ashton in running the two funds. The company cited Leupp’s expertise in high-yield bond portfolios in making the change.
Ares Management managed $84 billion in alternative investments as of September 30, 2014.