Adam Bathgate
Partner
Bermuda
Sep 27, 2023
Ares Management is a leading global alternative investment manager with approximately $378 billion in assets under management. The Ares funds led the $550 million funding round, which was also supported by capital from existing investors, including Virgin Group and Bain Capital. The investment is intended to help the award-winning cruise brand from Richard Branson's Virgin Group to strengthen its financial position while supporting the potential expansion into new international markets.
Our team of experts was led by Corporate and Finance partner, Adam Bathgate, and included Corporate and Finance senior counsel, Shaunée James, associates, Ben Green and Aariyen Murray, and Insolvency and Dispute Resolution senior counsel, Nicholas Howard.
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as lead legal advisors to Ares Management.
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