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Most withdrawals from Ares private credit fund came from outside US, CEO says

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Most withdrawals from Ares private credit fund came from outside US, CEO says

NEW YORK, June 10 : Most of the requests to withdraw money from a private credit fund for the wealthy run by alternative asset manager Ares came from outside the United States, its CEO said on Wednesday."We had 11 per cent redemption requests. It was from less than 5 per cent of our investors. It was largely

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