Ares Management has appointed Jason Duko and Kapil Singh as Partners and Portfolio Managers in the Ares Credit Group, focussing on liquid credit strategies.
These new appointments reflect Ares’ continued commitment to enhance its market leadership in below investment grade credit.
“We are pleased to welcome Jason and Kapil to our liquid credit team. They are experienced portfolio managers with proven track records and our firm has known them personally and professionally for many years. They share Ares’ fundamental bottoms-up approach to credit and risk management, but also bring fresh, top-down perspectives on portfolio construction, which they have developed over their careers,” says Kipp deVeer, Partner and Head of the Ares Credit Group. “These appointments further enhance our capabilities in syndicated bank loans and high yield bonds and position us for meaningful expansion in these strategies.”
Duko will be primarily responsible for managing US bank loan strategies, while Singh will be primarily responsible for managing US high yield bond strategies. Both will also be members of the US Liquid Credit Investment Committee. Duko brings 19 years of industry experience to this role, most recently serving as a Portfolio Manager at PIMCO, where he managed bank loan assets across a broad range of investment strategies and was responsible for secondary loan trading.
Singh joins Ares with 25 years of experience in leveraged finance, most recently having served as a Portfolio Manager in the Global Developed Credit Group at DoubleLine Capital, where he led the high yield effort across numerous strategies and portfolios in a variety of investment vehicles.