Leading private credit fund managers worldwide 2018-2023, by capital raised
As of 2023, Ares Management was the leading private credit fund manager in the United States and worldwide, based on capital raised. The Los Angeles-based fund raised over 117 billion U.S. dollars between 2018 and 2023. Second in the ranking was New York-headquartered Goldman Sachs Asset Management, which raised approximately 83 billion U.S. dollars during the same period. Among the leading 20 private credit funds managers worldwide, 17 were based in the U.S., and only three in Europe.