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Ares appoints new head of European private equity

The firm has said it sees a significant opportunity for expansion of its private equity business in Europe

Ares Management Corporation has hired Stephane Etroy from Caisse de dépôt et placement du Québec as head of European private equity.

Etroy will join the firm on February 6 and will be based in London. He will lead Ares' European private equity operations and serve as a member of the group's corporate opportunities investment committee.

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