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$2.55B Ares-Kayne Merger To Form Asset Manager Giant

By Linda Chiem (July 24, 2015, 5:17 PM EDT) -- Ares Management LP said Thursday it has inked a $2.55 billion merger with Kayne Anderson Capital Advisors LP, an energy and infrastructure-focused investment firm, to create one of the world's largest private equity and alternative asset managers with $113 billion in combined assets under management....

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