Key Highlights

  • The fund issued Class I, D, N, and S shares at net asset value (NAV) per share as of June 30, 2026.
  • Class D and N shares face a 2.0% cap on upfront sales loads, while Class S shares are subject to a 3.5% cap.
  • Ares Core Infrastructure Fund has completed an unregistered equity sale, securing $1,114.2 million through the issuance of common shares.

Fund Raises $1.11B in Equity

Ares Core Infrastructure Fund has completed an unregistered equity sale, securing $1,114.2 million through the issuance of common shares.

Share Classes and Pricing

The fund offered four share classes, Class I, D, N, and S, each priced at NAV without underwriting discounts or commissions. Class I shares, typically reserved for institutional investors, carried no upfront sales loads, while other classes faced potential fees through selling agents. These caps apply to fees charged by selling agents, ensuring investor protections while maintaining flexibility for distribution partners.

Shareholder Base Snapshot

As of June 30, 2026, Ares Core Infrastructure Fund reported 156,778,327 Class I shares outstanding, alongside 2,032,450 Class D, 31,294,764 Class N, and 12,004,931 Class S shares. The distribution highlights the fund’s diverse investor base, spanning institutional and retail channels.

Regulatory Compliance

The sale adheres to the Securities Exchange Act of 1934, with the fund filing the required disclosures. No underwriting fees were paid, aligning with the fund’s cost-efficient structure for investors. The unregistered offering avoids public market volatility, providing stable capital for strategic acquisitions.

Investor Considerations

Investors should note the varying fee structures across share classes, particularly the 2.0% and 3.5% caps on retail-oriented shares.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.