Ares Said to Buy Northstar Funds for Asia Private Equity Growth
The deal comes after months of detailed discussions and due diligence work by the global alternative assets manager, the people said, asking not to be identified because the matter is private. About 20 Northstar staff including investment professionals will move to Ares, though its two co-founders Patrick Walujo and Glenn Sugita won't be joining, one of the people added.
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