News: Ares Commercial Real Estate Corp (ACRE.N)

ACRE.N on New York Stock Exchange

13.02USD
17 Apr 2014
Price Change (% chg)

$0.12 (+0.93%)
Prev Close
$12.90
Open
$12.76
Day's High
$13.08
Day's Low
$12.75
Volume
73,144
Avg. Vol
54,798
52-wk High
$17.12
52-wk Low
$12.04

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Wed, Dec 18 2013

Exclusive: Private equity firm Ares rejects pitches to do IPO soon

NEW YORK - Ares Management LLC has been pitched on the idea of an initial public offering for the past year, but the firm that had been widely expected to be the next among major private equity firms to go public has no plans to pull the trigger just yet.

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