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Ares Commercial Finance Launches a Healthcare Asset Based Lending Platform
April 15, 2025
By Ares Commercial Finance
NEW YORK – April 15, 2025 – Ares Commercial Finance (“ACF”) announced today that it has expanded its asset based lending (“ABL”) capabilities by adding a Healthcare-focused team. This newly added team will expand an already robust ABL platform with a complementary healthcare focus, broadening the ABL product offerings currently available. The team will be led by Managing Directors Todd Gordon, Dan Berger, and Nathan Brenneman, who have worked together for 20+ years; most recently at Huntington Bank, and previously at Sector Financial (a subsidiary of Credit Suisse), Capital One Bank and CapitalSource Finance.
“We are proud to welcome a seasoned team of industry veterans to spearhead the expansion of our ABL practice to include a targeted focus on the healthcare finance market,” said Ryan Cascade, Partner and Head of Ares Commercial Finance. “These individuals join us as champions of the product and its value to the middle market ABL industry, its sponsors, and borrowers. With their guidance, we look forward to expanding the breadth and depth of our lending capabilities and making significant contributions in an already dynamic industry.”
“Dan, Nate, and I are thrilled to join Ares, with its broad capabilities, resources, reputation, and commitment to client service,” said Todd Gordon, Managing Director and Head of Healthcare ABL. “We are confident that our team’s healthcare ABL expertise, combined with ACF’s industry-leading direct lending platform, will be a welcome solution to companies seeking financing in the middle market healthcare sector.”
About Ares Commercial Finance
Ares Commercial Finance (“ACF”) is the commercial finance platform of Ares Management Corporation. ACF provides credit facilities up to $500 million to middle market and lower-middle market companies. ACF addresses a wide scope of industries including manufacturing, distribution, wholesale, retail and consumer products and services as well as hospitals, skilled nursing facilities, and all other segments of the healthcare sector. Leveraging the diverse product offering and experience of the Ares platform, ACF works with borrowers to deliver creative, flexible, and customized financing solutions for a variety of financing needs: general refinancing, working capital/growth, acquisitions, restructuring/turnaround situations, debtor-in-possession/exit financing, and special accommodation financing. For more information on ACF visit www.arescommercialfinance.com.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2024, including the acquisition of GCP International which closed on March 1, 2025, Ares Management Corporation's global platform had over $525 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
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