Iris Dorbian
The investment puts FI at a valuation of $12.75bn.
The strategies are expected to launch in the US in 2025.
In conjunction with the investment from Petershill, Azimut Alternative Capital Partners will divest its non-controlling, minority equity stake in Kennedy Lewis.
Graves, who is based in Los Angeles, joined Ares in 2017.
Monogram is a Boston-based provider of finance solutions for students and their families.
Vistara Technology Growth Fund V's target is $400m.
Gilles Dellaert, global head of Blackstone Insurance, will serve as global head of BXCI and lead the business’s combined operations.
According to the terms of the deal, the combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.
The capital infusion will be used to support Stonepeak's growth.
Alongside Shahab Rashid, Chang will co-lead the firm's direct lending strategy.