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    "headline": "Ares Management Raises $4 Billion Fund for Japanese Logistics Centers",
    "dek": "Ares Management launched a $4 billion fund targeting Japan's booming logistics infrastructure market.",
    "prose": "Ares Management announced on Tuesday that it had raised 612 billion yen, equivalent to $4 billion, to create a new fund for investing in logistics centers. [^1]\n\nNvidia has committed to invest $1.5 billion in SB Energy in a private placement at the IPO price, according to the prospectus. [^2]\n\nSB Energy, a SoftBank-backed data center developer, disclosed a 66.4% increase in revenue for the first half of 2026 in paperwork filed for its US initial public offering (IPO) on Tuesday. [^3]\n\nInvestors are attracted to the Japanese market specifically due to the weak yen and strong returns. [^4]\n\nThe capital for the fund was raised from global investors who were drawn to Japan's logistics infrastructure market. [^5]\n\nNvidia agreed to provide a guarantee of as much as $105 billion to help OpenAI lease a huge data center in Ohio being developed by the SoftBank-backed company. [^6]\n\nThe US-based power and data center infrastructure platform reported a net loss of $3.21 billion on revenue of $138.7 million in the six months ended June 30, compared with a net loss of $215.5 million on revenue of $83.3 million a year earlier. [^7]\n\nThe fund targets the creation of 30 to 40 large logistics facilities. [^8]",
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      "statement": "Ares Management announced on Tuesday that it had raised 612 billion yen, equivalent to $4 billion, to create a new fund for investing in logistics centers.",
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