US investment firm taking over Belo Medical

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Ares Management Corp., a New York-listed investment manager, prepares to increase its stake in Belo Medical Group up to 70 percent after its initial

investment in July 2024.

Ares Management announced in July 2024 a strategic investment into Belo Medical Group which has 14 branches across the Philippines. The investment aimed to enable Belo Medical Group to expand to new locations and services, invest in innovative technologies and build out its skincare product portfolio while continuing its mission in seeking to deliver world-class aesthetic services to its discerning clients.

“With Ares’ track record in the health and beauty sector globally and prior work with founder-led businesses, I have full confidence that Ares is the right partner for Belo Medical Group as we embark on the next 30 years of our journey,” said Belo, founder and medical director of Belo Medical Group.

 

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