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Simpson Thacher Advises Ares on its First ELTIF

06.30.25

Simpson Thacher advised Ares Management Corporation (“Ares”), a leading global alternative investment manager, on the launch of its first European Long-Term Investment Fund (“ELTIF”), AESIF ELTIF, a semi-liquid perpetual direct lending fund that will provide individual investors in the European Economic Area with expanded access to Ares’ leading European Direct Lending strategy.

AESIF ELTIF is the latest offering through Ares’ European wealth channel and is its first under the updated ELTIF regime. Designed to deliver a diversified portfolio largely comprising directly originated, senior secured floating rate loans to businesses in Western Europe, AESIF ELTIF seeks to provide a durable income solution with downside protection and yield stability. AESIF ELTIF is intended to widen individual investor participation in Ares’ European Direct Lending strategy through lower investment minimums relative to traditional alternative investment products.

The Simpson Thacher team includes James Board, Owen Lysak, Joshua Price and Thomas Flament.