Private credit pioneer Ares Management (ARES.N) disclosed a wide ​array of new or increased stakes in alternative ‌asset vehicles including several direct lending funds in its quarterly 13-F filing with the U.S. Securities and Exchange Commission on ​Friday.

Ares, an alternative asset manager that said this ​month it raised a record $30 billion during the first ⁠quarter, revealed that it initiated a position in medical ​device manufacturer Integer Holdings (ITGR.N) during the same period, a ​stake that was valued at $53.3 million as of March 31.

It also made smaller first-time investments in business development companies (BDCs) BlackRock TCP Capital (TCPC.O) ​and Carlyle Secured Lending (CGBD.O).

The asset manager boosted 17 other ​holdings, including in several other BDCs, which raise equity and pair ‌it ⁠with leverage to lend to small and mid-sized companies. The asset class has come under pressure due to doubts about lending standards and concerns that artificial intelligence ​will disrupt the ​software businesses ⁠to which many of these BDCs had extended loans. Ares increased its holdings ​in Golub Capital BDC (GBDC.O) and Blue Owl ​Technology Finance (OTF.N). It ⁠added to its position in its own BDC, Ares Capital Corp (ARCC.O).

In contrast, Ares's only sale was the liquidation ⁠of ​its stake in New Mountain Finance (NMFC.O). ​The latter sold a portfolio of $477 million in assets in February.