Edwin Wong Retiring as Head of Asia Credit

NEW YORK & HONG KONG--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that E.G. Morse will join Ares as Partner and Head of Asia Credit. Mr. Morse most recently served as Co-Head of China and Head of China Global Markets for Goldman Sachs Group, Inc. (“Goldman Sachs”). Ares is also pleased to announce the appointment of Dinesh Goel and Gabriel Fong as Co-Heads of the Asia Special Situations strategy, effective immediately. After a distinguished tenure, Edwin Wong has decided to retire from his role as Head of Asia Credit, effective June 30, 2026.

Mr. Morse will be based in Hong Kong. He will be responsible for driving the long-term growth objectives of the Asia Credit business and developing key relationships in the region in close partnership with Ares leadership. As Co-Heads of the Asia Special Situations strategy, Mr. Goel and Mr. Fong will continue to lead the team and partner closely with Ares Credit leadership to further the strategy’s growth and expansion throughout the APAC region. Peter Graf will continue to lead Ares’ direct lending strategy in Asia.

Ares’ leading Asia Credit business has approximately $11.5 billion in assets under management, as of December 31, 2025, across credit-focused special situations, sponsored and non-sponsored direct lending and asset backed finance.

“We are excited to welcome E.G., a proven leader and longstanding friend of the firm, to Ares and to elevate Dinesh and Gabriel to co-lead the Asia Special Situations strategy,” said Mitch Goldstein, Co-Head of Ares Credit. “We are grateful for Edwin’s leadership, partnership and contributions over the years, and we wish him well in his retirement.”

“I’m honored to join a firm of Ares’ global stature and to work alongside a high-caliber team as we continue to build and scale the platform across Asia,” said Mr. Morse.

“We’re excited for the opportunity to co-lead the Asia Special Situations strategy and to build on the strong foundation that has been established,” said Mr. Goel and Mr. Fong. “Together with our team, we remain deeply focused on delivering differentiated solutions for our limited partners and continuing to scale our offering thoughtfully across the region.”

“I am incredibly proud to have led the Asia Credit team’s growth journey over the years,” said Mr. Wong. “As I step into this next chapter, I look forward to working closely with E.G. and the Asia Credit leadership team to ensure a seamless transition. I’m confident in the exciting trajectory of the Asia Credit business under his guidance and in partnership with the exceptional leadership team in place.”

Mr. Morse has held a range of global senior leadership roles at Goldman Sachs and has been based in New York, Hong Kong, Singapore and Shanghai over his 16year tenure at the firm. Most recently, he served as CoHead of China and Head of China Global Markets, Co-Chair of the China Leadership Group and Head of the Asia Strategic Client Coverage Group. Previously, Mr. Morse was CEO of Goldman Sachs Singapore and Head of Southeast Asia and also served as Head of Asia Fixed Income Distribution. Earlier in his career, he was Head of U.S. Leveraged Finance Sales.

Mr. Goel joined Ares in 2020 as part of Ares’ acquisition of SSG Capital, where he was a Managing Director and instrumental in growing the firm's India business. He began his career at Lehman Brothers in Tokyo. Mr. Fong joined Ares in 2026 from CapitaLand Investment, where he was Managing Director and Head of the Special Opportunities Group overseeing special situation investment activities and strategy. Previously, he served in several roles including at the Vega Capital Family Office, Vaw Eurasian Capital Investment Management, Sculptor Capital (formerly Och Ziff), and Morgan Stanley, among others.

About Ares Management Corporation

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of December 31, 2025, Ares Management Corporation’s global platform had nearly $623 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.