Ares Leads Continuation Fund for Europastry

Ares Management Corporation is spearheading a continuation fund for Europastry, a company specializing in frozen baked goods. Bloomberg posted on X that the firm is currently owned by MCH Private Equity. This move is part of a broader strategy to support and expand Europastry's operations in the competitive frozen food market. The continuation fund aims to provide the necessary capital to enhance the company's growth and market presence. Details regarding the financial terms of the fund have not been disclosed. This initiative reflects Ares' commitment to investing in promising sectors and supporting portfolio companies in achieving their strategic objectives.