Ares Appoints Brent Canada as Head of Infrastructure Debt

Brent Canada joined Ares as a Partner in 2022 after moving from Deutsche Bank. At Deutsche Bank, he served as a Managing Director and led infrastructure financing coverage across the Americas.

After leading Ares’ Infrastructure Debt team since it was acquired in 2022, Patrick Trears has decided to step down as Head of Infrastructure Debt and move into a Senior Advisor role.

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As the global infrastructure debt market continues to grow, Lorenzo Ceretti has been appointed Co-Head of EMEA Infrastructure Debt alongside Roopa Murthy. Ceretti joined Ares in 2023 from Global Infrastructure Partners, where he led the European infrastructure credit business.

Murthy has overseen Ares’ EMEA infrastructure debt business since joining the firm in 2022. Meanwhile, Spencer Ivey will continue to lead APAC Infrastructure Debt from Sydney, a role he has held since joining Ares in 2022.

Ares’ Infrastructure Debt business managed more than $13 billion in assets as of March 31, 2026. The team provides flexible financing solutions for infrastructure companies across sectors such as digital infrastructure, energy, transportation, utilities and midstream assets. Its investment professionals are based in New York, London, Sydney and Singapore, supporting borrowers and projects around the world.

“Over the last four years, our Infrastructure Debt strategy has reinforced its differentiated capabilities and scale,” said Kipp deVeer, Ares Co-President. “We benefit from a very experienced team, the breadth of Ares’ leading global Credit franchise and a continued focus on directly originated investments with top-tier infrastructure sponsors. Brent has been central to that progress, and we are excited for him to lead the business in the future alongside Roopa, Lorenzo and Spencer.”

“I am honored to take on this role at a time when infrastructure debt is benefiting from powerful themes across digitization, energy transition and the need for resilient essential assets,” said Mr. Canada. “Ares is well positioned to meet this demand through flexible capital, deep sector expertise and the scale of our global investment capabilities. I have tremendous appreciation for Patrick’s leadership and for the exceptional team whose work has created such a strong foundation for the opportunities ahead.”

“Helping shape and build Ares Infrastructure Debt into the scaled business it is today has been a great privilege of my career and one that I’m extremely proud of,” said Mr. Trears. “Brent knows our people, our strategy and our markets deeply, and I’m confident he is the right leader for this next chapter. I look forward to supporting him and the team as they carry forward the business’ strong momentum.”

“Infrastructure debt in EMEA is at a compelling inflection point, with accelerating demand for private capital,” said Ms. Murthy and Mr. Ceretti. “Together, we are excited about the attractive opportunities to support critical infrastructure assets and platforms with tailored financing solutions across the region.”

About Ares Management Corporation

Founded by Michael Arougheti, Ares Management Corporation is a global alternative investment manager that provides investment solutions across credit, real estate, private equity, and infrastructure. The firm aims to support long-term value creation by offering flexible capital to businesses and delivering strong returns for investors while also contributing to the communities it operates in. By working across its different investment teams, Ares seeks to produce consistent performance across all market conditions.

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