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Ares and PSP Investments Establish Joint Venture to Invest Up to $2.4 Billion in U.S. Logistics Real Estate

Partnership pairs Ares Real Estate’s vertically integrated logistics platform with PSP Investments’ scaled capital to target high-conviction markets NEW YORK & MONTRÉAL — Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, and the Public Sector Pension Investment Board (“PSP Investments”), one of Canada’s largest pension investors, announced today that an…

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