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US regulator settles with AresBY KANIKA SOOD | WEDNESDAY, 27 MAY 2020 12:39PM
Ares Management LLC, which has a joint venture with Challenger's Fidante Partners in Australia via a related company, has paid US$1 million to settle charges alleging it traded in a portfolio company based on non-public information while an employee sat on its board.
Read more: Ares Management LLC, Ares Management Corporation, Challenger, Fidante Partners
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