PE firm Ares' IPO likely to raise up to $419 mln

April 22 Tue Apr 22, 2014 6:40am EDT

April 22 (Reuters) - Credit investment and private equity firm Ares Management LP's initial public offering is expected to raise up to $419 million, the company said in a filing with the U.S. Securities and Exchange Commission on Tuesday.

The offering of 18.2 million shares is expected to be priced between $21 and $23 per share. ( (Reporting by Amrutha Gayathri in Bangalore; Editing by Sriraj Kalluvila)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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