Chimera Closes $400 Million Capital Commitment Led by Funds Managed by Ares Management Corporation

In June 2020 D Capital worked with all the investors to close a $400mm secured loan financing. D Capital Investors is also a minority investor in the transaction.

NEW YORK--(BUSINESS WIRE)--(06/10/2020)-- Chimera Investment Corporation (NYSE: CIM) (“Chimera”) today announced the closing of a three-year $400 million secured loan commitment led by funds managed by the Alternative Credit Strategy at Ares Management Corporation (“Ares”).

Read the full press release here.

Patrick Downes