
Kipp DeVeer
Private credit market, direct lending scale, CLO structuring, leveraged loan market, US middle market corporate lending
Kipp DeVeer is a Partner and Head of the Credit Group at Ares Management, responsible for the firm's largest business segment. Ares Credit encompasses direct lending, leveraged loans, high yield bonds, structured credit, and real assets credit, collectively managing hundreds of billions in assets. DeVeer has been instrumental in building Ares's direct lending business into one of the largest in the industry, benefiting from the structural shift away from bank lending to private credit following post-crisis regulatory changes. Under his oversight, Ares Credit has grown through the deployment of capital via business development companies, CLO vehicles, and separately managed accounts for institutional investors. His disciplined approach to credit underwriting across market cycles has helped Ares maintain low default rates relative to peers, reinforcing its reputation as one of the most consistent large-scale direct lenders in the global alternative asset management industry.
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