Transformco, Fidem Financial and Funds Managed by Blue Owl Launch Aress, a Next-Generation Co-Brand Credit Card Servicing Platform
Transformco (formerly Sears Holdings), a leading provider of homeowner, loyalty, and financial services, Fidem Financial (“Fidem”), a credit asset manager and financial services firm with more than $15 billion in acquired credit card receivables, and funds managed by Blue Owl Capital (
NYSE: OWL), a leading asset manager with over $295 billion in assets under management, today announced the launch of Aress Financial Services (“Aress”), a next-generation credit card origination and servicing platform for co-branded credit cards. Aress is a joint venture between Transformco, Fidem and Blue Owl managed funds.
