Ares Completes Acquisition of BlueCove to Launch Systematic Credit Strategy
Ares Management Corporation, a leading global alternative investment manager, announced today that it has completed its acquisition of all outstanding shares of BlueCove Limited (“BlueCove”), a London-based systematic fixed-income manager. The integrated BlueCove business will operate as Ares Systematic Credit, the latest strategy within the Ares Credit Group.
Ares Systematic Credit offers systematic fixed-income strategies that harness the power of data and technology to deliver differentiated solutions to investors. The strategy leverages proprietary technology to support an evidence-based and data-driven investment process across high-yield, investment grade corporates, convertible bonds, and other liquid credit instruments in a variety of portfolio constructions. These methods seek to systematically access, select, analyze and deploy information to capitalize on market inefficiencies and generate high-quality alpha.
Read More: Why Modular Finance Stacks Are Replacing Monolithic Banking Systems
Led by Alex Khein, most recently CEO of BlueCove, Ares Systematic Credit is comprised of approximately 60 experienced professionals, primarily based in London and principally specializing in investment and portfolio management, research, and engineering.
“We are pleased to welcome our new colleagues to Ares as we continue expanding our market-leading Credit Group,” said Michael Smith, Co-Head of the Ares Credit Group. “The Systematic Credit strategy is underpinned by an experienced team of specialists, proprietary technology, and an investment approach informed by R&D. Through these capabilities, together with the strength of the Ares platform, we believe we are well-positioned to serve growing global investor demand for systematic credit investment products.”
“Joining Ares immediately enhances our ability to deliver best-in-class investment solutions as we are now part of an outstanding platform with the insights, resources, and networks required to achieve this,” said Alex Khein, Partner and Head of Ares Systematic Credit. “We look forward to expanding our offering and breadth of R&D activities in the systematic investment sector.”
Inclusive of BlueCove’s approximately $5.5 billion of AUM, the Ares Credit Group managed $397 billion of assets, as of September 30, 2025.
Write to us [wasim.a@demandmediaagency.com] to learn more about our exclusive editorial packages and programmes.
