In this episode of Capital Allocators, Ted Seides interviews Kipp deVeer, a director and partner at Ares Management, focusing on Ares' growth, investment strategies, and market perspectives. Kipp discusses his background, the evolution of Ares from a small firm to a $360 billion asset manager, and the key inflection points in the credit markets over the past 20 years. The conversation explores Ares' approach to organic growth, acquisitions, and the benefits of being a public company, as well as the firm's origination, underwriting, and portfolio construction processes. Kipp shares his insights on the current credit environment, opportunities, risks, and the future direction of Ares, emphasizing the importance of collaboration, flexible capital, and liquidity in navigating market cycles.
