NEW YORK & HONG KONG–(BUSINESS WIRE)–Ares Management Corporation (“Ares”) today announced that Henry Lee has joined Ares Wealth Management Solutions (“AWMS”) to lead its efforts in Asia as part of the company’s commitment to build dedicated wealth management teams that respond to the growing business opportunity in this region.
Mr. Lee joins the Hong Kong office as a partner and will report to Raj Dhanda, Global Head of Ares Wealth Management at AWMS. In his newly created role, Mr. Lee will oversee retail product development, distribution and strategic distribution partnerships across Asia. He will focus on expanding the depth and breadth of Ares’ relationships with financial intermediaries to strategically partner with cutting-edge innovative solutions across the company’s primary and secondary solutions in credit, private equity, real estate and infrastructure strategies for individual investors.
With over 17 years of experience in private banking and investment management with a focus on alternative investing, Mr. Lee joins Ares from a 16-year career at HSBC, where he was global head of discretionary portfolio and head of alternative investments for HSBC Global Private Bank. Prior to his most recent role, Mr. Lee held numerous other positions in HSBC’s Hong Kong and London offices during his tenure.
“The addition of Henry and the expansion of AWMS capabilities globally reflects our commitment to expanding access to key Ares investment strategies and market insights for individual investors,” said said Michael Arougheti, CEO and President of Ares. “With our growing range of institutional and retail vehicles, coupled with excellent customer service and educational resources, we believe Ares is well positioned to meet the growing demand from individual investors for high-end private market solutions. quality in the Asia region.”
“International expansion is a significant growth opportunity for AWMS. Under Henry’s leadership, we are taking a crucial step to strengthen our presence in private markets across Asia,” said Raj Dhanda. “With approximately 105 professionals and backed by the power and scale of the Ares platform, AWMS represents one of the most resource-rich private wealth distribution platforms in the alternative industry. We believe that expanding our wealth management platform in Asia will further strengthen our strong market position.
“I am excited to join Ares as the company continues to expand its platform offering to private wealth clients around the world,” said Henry Lee. “Backed by Ares, a global leader in alternatives with a broad range of institutional-grade alternatives products, I believe AWMS is well positioned for growth and will be well received by retail investors across Asia.”
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager providing clients with complementary primary and secondary investment solutions across the asset classes of credit, private equity, real estate and infrastructure. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2022, Ares Management Corporation’s global platform had approximately $325 billion in assets under management, with more than 2,100 employees operating in North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
Ares Wealth Management Solutions
Ares Wealth Management Solutions (AWMS) oversees the product development, distribution, marketing and client management activities of investment offerings for the global wealth management channel. With a team of approximately 105 professionals and backed by the power and scale of the Ares platform, AWMS represents one of the most resourced wealth distribution and customer service teams in the alternatives industry. . AWMS’s mission is to provide advisors and their clients with access to innovative, solution-oriented investment opportunities on the Ares platform of leading credit, private equity, investment and finance strategies. real estate and secondary. Through our range of institutional and retail structures, coupled with excellent client service and educational resources, we help investors diversify their portfolios with private market solutions that seek to deliver consistent long-term growth.