In the eyes of Louis d'Arexy, co-founder of Fire Asset Management, this is a "symbolic step". Officially structured in the spring of 2024, with the acquisition of the Monclair portfolio (€320 million, at 5.5%) and a 75,000 m² platform in Mer, also at 5.5%, with Ares Management, the entity has surpassed €1 billion in assets under management in recent days, Business Immo has learned.