Ares Management Corporation (NYSE:ARES) is looking for portfolio acquisitions. During the company?s first quarter earnings conference call, Michael Arougheti, Chief Executive Officer said that ?And then I think given some of the challenges that exist on U.S. bank balance sheets, particularly regional banks, 1 of 2 things will happen, if not both, you'll begin to see primary market share concessions from the banks to nonbank lenders like ourselves. And I think that we can be a much larger participant in new issue volumes as those markets heal.

And two, given the size of the installed base of real estate loans, sitting on bank balance sheets and given some of the regulatory capital challenges that they're going through. And then you can also expect that there would be some portfolio acquisitions and opportunistic deals that are going to be coming off bank balance sheets as well that we expect to capitalize on?.