Ares Systematic Credit Limited
SEC-registered
Private Fund Manager · Mid-sized ($1B–$10B)
CRD 307090
· SEC file 801-121056
· London
· www.bluecove.com
☆ Save with Pro
ADV data as of Mar 31, 2026
- Regulatory AUM
- $9.9B
- Discretionary
- $9.9B
- Clients
- 9
- Avg AUM / client
- $1.1B
- Accounts
- 9
- Employees
- 62
AUM over time
$3.1B
$11.1B
Dec 2020
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 2 | $238M | 2.41% |
| Pooled investment vehicles (non-investment companies) | 5 | $4.9B | 49.7% |
| Other | 2 | $4.7B | 47.9% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $6.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Bluecove Equinox Credit Master Fund Limited master | Hedge Fund | Cayman Islands | $6.8B | 46 |
| Bluecove Solstice Relative Value Master Fund Limited master | Hedge Fund | Cayman Islands | $0 | 0 |
People (10)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ressler, Antony, Peter | Limited Partner | Jan 2002 (25y) | ≈ 1.76% – 18.75% via Ares Owners Holdings L.P. | |
| Willis, Thomas, Jack Ramsay | Limited Partner | Jul 2012 (14y) | ≈ 6.25% – 25% via The Harroway Limited Partnership | |
| Willis, Victoria, Emily Ramsay | Limited Partner | Jul 2012 (14y) | ≈ 6.25% – 25% via The Harroway Limited Partnership | |
| Willis, William, John Ramsay | Limited Partner | Jul 2012 (14y) | ≈ 6.25% – 25% via The Harroway Limited Partnership | |
| Khein, Alexander, Nmn | Chief Executive Officer, Class A Ordinary Shareholder | Mar 2018 (8y) | 25% – 50% | |
| Willis, Hugh, John Ramsay | Executive Chairman | Mar 2018 (8y) | Less than 5% | |
| Bebello, Dan Daniel, Nmn | Chief Operating Officer & General Counsel, Class G Ordinary Shareholder | May 2018 (8y) | Less than 5% | |
| Benitez Castellano, Natalie, Jane | Chief Administrative Officer, Class G Ordinary Shareholder | May 2018 (8y) | Less than 5% | |
| Edwards, David, Nmn | Chief Compliance Officer, Class G Ordinary Shareholder | Dec 2019 (7y) | Less than 5% | |
| Okuliar, Boris, Nicholas | Non Executive Director | May 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Harroway Limited Partnership | Shareholder, Class B Ordinary Shareholder | Mar 2018 | A | 25% – 50% |
| Ares Management Llc | Shareholder, Class C Ordinary Shareholder | May 2023 | A | 25% – 50% |
| Ares Management Holdings L.P. | Member | Dec 2010 | B | ≈ 18.75% – 50% via Ares Management Llc |
| Ares Management Corporation | Member | Mar 2021 | B | 75% or more of Ares Holdco Llc (indirect) |
| Ares Holdings L.P. | Limited Partner | Dec 2010 | B | ≈ 14.06% – 50% via Ares Management Holdings L.P. |
| Ares Owners Holdings L.P. | Limited Partner | May 2007 | B | ≈ 7.03% – 37.5% via Ares Holdings L.P. |
| The Harroway Partnership (Gp) Limited | General Partner | Jul 2012 | B | GP / trustee / elected manager of The Harroway Limited Partnership (indirect) |
| Ares Holdco Llc | General Partner | Jul 2016 | B | GP / trustee / elected manager of Ares Management Holdings L.P. (indirect) |
| Ares Partners Holdco Llc | General Partner | May 2014 | B | GP / trustee / elected manager of Ares Owners Holdings L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ressler, Antony, Peter: 25% – 50% of Ares Owners Holdings L.P. × 50% – 75% of Ares Holdings L.P. × 75% – 100% of Ares Management Holdings L.P. × 75% – 100% of Ares Management Llc × 25% – 50% direct ≈ 1.76% – 18.75% of the firm
- Willis, Thomas, Jack Ramsay: 25% – 50% of The Harroway Limited Partnership × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Willis, Victoria, Emily Ramsay: 25% – 50% of The Harroway Limited Partnership × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Willis, William, John Ramsay: 25% – 50% of The Harroway Limited Partnership × 25% – 50% direct ≈ 6.25% – 25% of the firm
- Ares Management Holdings L.P.: 75% – 100% of Ares Management Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- Ares Holdings L.P.: 75% – 100% of Ares Management Holdings L.P. × 75% – 100% of Ares Management Llc × 25% – 50% direct ≈ 14.06% – 50% of the firm
- Ares Owners Holdings L.P.: 50% – 75% of Ares Holdings L.P. × 75% – 100% of Ares Management Holdings L.P. × 75% – 100% of Ares Management Llc × 25% – 50% direct ≈ 7.03% – 37.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $6.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Bluecove Equinox Credit Master Fund Limited | Hedge Fund | $6.8B | $5.0M | 46 |
| Bluecove Solstice Relative Value Master Fund Limited | Hedge Fund | $0 | $5.0M | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 16.9 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $4.0B (40% of AUM) Mar 2026
- Northern Trust $746M (8% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗