Ares Shuffles Infrastructure Debt Leadership Amid $13B AUM Growth
Event summary
- Brent Canada promoted to Head of Ares Infrastructure Debt, replacing Patrick Trears who becomes Senior Advisor.
- Lorenzo Ceretti named Co-Head of EMEA Infrastructure Debt alongside Roopa Murthy.
- Ares Infrastructure Debt AUM reached $13B as of March 31, 2026.
- Team operates across New York, London, Sydney, and Singapore offices.
The big picture
Ares' leadership reshuffle comes as infrastructure debt gains momentum from digitization, energy transition, and demand for resilient assets. The $13B AUM figure underscores the strategy's scale, but maintaining growth will require navigating regional market nuances and competitive dynamics. The appointment of Ceretti suggests particular focus on EMEA opportunities.
What we're watching
- Leadership Transition
- How Brent Canada will build on Patrick Trears' foundation while navigating infrastructure debt's evolving demand.
- Regional Growth
- Whether the EMEA co-headship structure can capitalize on accelerating private capital demand in the region.
- Market Positioning
- The pace at which Ares can maintain its scale advantage in infrastructure debt amid competitive pressures.
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