David Sachs

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David Sachs

Partner and Vice Chair of Ares

Los Angeles

Mr. Sachs is a Partner and Vice Chair of Ares. He serves as a Director and Chairman of the Board of Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC), Trustee and Chair of CION Ares Diversified Credit Fund and Trustee of the Ares Private Markets Fund. Additionally, Mr. Sachs also serves as a member of the Ares Real Estate Global and Real Estate Debt Investment Committees, the Ares Private Equity Group's Energy Opportunities, Extended Value, and Asia Investment Committees. In 1997, Mr. Sachs joined Ares as a Partner with Ares Chairman Tony Ressler and John Kissick to co-found the firm. He was Ares' first portfolio manager and headed up Ares' first investment activities as Head and Co-Head of the Ares Capital Markets Group (now Liquid Credit) until early 2009. During that period, he served on the investment committees of Ares Capital Markets, Private Equity and Direct Lending funds. While Head and Co-Head of the Ares Capital Markets Group, Mr. Sachs oversaw Ares' involvement as a leading issuer of Collateralized Debt Obligations ("CLOs"), as well as Ares' entry into the then-nascent secondary market for CLOs. Since 2009, Mr. Sachs has assisted the Ares Corporate Strategy Group with numerous strategic initiatives, including the acquisition of Indicus Advisors and the firm's alternative credit, European liquid credit, and Australian wealth management distribution activities. Prior to joining Ares, Mr. Sachs was a Principal of Onyx Partners, Inc., where he focused on merchant banking and related capital raising activities in the private equity and mezzanine debt markets. Previously, he also worked with Taylor & Co., an investment manager providing investment advisory and consulting services to members of the Bass Family of Fort Worth, Texas, and Columbia Savings and Loan Association as Executive Vice President, where he was responsible for asset-liability management and running the investment management department. Mr. Sachs serves as the Non-Executive Chairman of Terex Corporation and is on the Executive Committee and Board of Trustees of Northwestern University, as well as various advisory committees at its Kellogg School of Management and McCormick Engineering School. He holds a B.S. from Northwestern University in Industrial Engineering and Management Science.