Perspectives

Winter sports have always inspired a particular kind of devotion — fierce, tribal, rooted in geography and family ritual.

From renewed issuance to geopolitical shifts, tightening conditions and perceived risks from a changing technology backdrop, investors should maintain their focus on valuations and credit quality as opportunities broaden across public and private markets.

White’s new venture, The Snow League, isn’t just a bold sports enterprise — it’s a blueprint for creating scalable markets.

In this piece, Ares CEO Mike Arougheti explores how the term “private credit” has a perception problem, often evoking images of opaque deals or hidden risk. In reality, private or public, credit is simply capital extended to worthy borrowers in exchange for the promise of repayment and interest.