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Published on 9/17/2018 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

Ares Management adds portfolio managers Duko, Singh to credit group

By Sarah Lizee

Olympia, Wash., Sept. 17 – Ares Management, LP announced that Jason Duko and Kapil Singh have joined the firm as partners and portfolio managers in the Ares Credit Group, focusing on liquid credit strategies.

Duko will be primarily responsible for managing U.S. bank loan strategies, while Singh will be primarily responsible for managing U.S. high-yield bond strategies, according to a press release.

Duko brings 19 years of industry experience to this role, most recently serving as a portfolio manager at Pimco, where he managed bank loan assets across a broad range of investment strategies and was responsible for secondary loan trading.

Singh joins Ares with 25 years of experience in leveraged finance, most recently having acted as a portfolio manager in the global developed credit group at DoubleLine Capital, where he led the high-yield effort across many strategies and portfolios in a variety of investment vehicles.

“We are pleased to welcome Jason and Kapil to our liquid credit team. They are experienced portfolio managers with proven track records and our firm has known them personally and professionally for many years,” Kippde Veer, partner and head of the Ares Credit Group, said in the release.

“They share Ares’ fundamental bottoms-up approach to credit and risk management, but also bring fresh, top-down perspectives on portfolio construction, which they have developed over their careers.”

Ares is a Los Angeles-based asset management firm.


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