Ares Management Corporation Takes a Stake in Volery Capital Partners
Posted on 05/28/2019
Ares Management Corporation purchased a minority stake in Greenwich, CT-based Volery Capital Partners LLC, a private equity firm that provides growth equity and strategic support to investment managers that generate positive environmental and social impact. Volery is led by Managing Partners Emanuel Citron and Daniel C. Stein. Citron previously held a variety of positions at Stone Point Capital. Formerly, Stein served as CEO of Dimensional Associates, Inc. and as Senior Vice President of Growth Investments at MacAndrews and Forbes.
Volery’s first portfolio company is a sustainable agriculture asset manager with approximately US$ 1.3 billion of assets under management.