Ares hires ex-Fortress exec Joel Holsinger to co-lead alternative credit

Ares Management hired ex-Fortress executive Joel Holsinger as co-head of alternative credit, effectively immediately. Holsinger will work alongside Keith Ashton co-leading alternative credit to expand Ares's global coverage of the sector, which targets asset-focused direct investments primarily in North America and Europe. Holsinger previously was a partner with Fortress Investment Group, where he was a member of the management committee and the investment committee for the credit funds. Before, he was a founding partner at Atalaya Capital Management.