Ares Management

Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ares Management reports robust Q4 performance and eyes growth opportunities

Ares Management's Q4 2022 earnings call highlighted strong performance, fundraising success, and growth opportunities across various investment strategies and regions.
Despite challenges in real estate valuations and margin expansion, the company's strengths in active credit deployment, energy transition investments, and wealth management flows position it well for future growth.
With a focus on aligning incentives, driving growth in Asia, and expanding secondaries business, Ares Management demonstrates resilience and strategic foresight in navigating market dynamics.

Ares Management reports robust growth and eyes market opportunities

Ares Management's Q1 2023 performance showcased strong growth in AUM, management fees, and positive fund performance. The company is strategically positioned to capitalize on market opportunities, with a focus on margin expansion and scaling acquired platforms. Challenges include uncertainties in investment income prediction and potential credit risks in certain sectors.

Ares Management excels in Q2 with strong returns and growth

Ares Management delivered strong financial performance in Q2 2023, driven by robust investment returns and fundraising achievements.
The company's strategic strengths lie in its diverse investment strategies, market positioning, and efforts in wealth management.
Challenges such as elevated rates and potential defaults require effective risk management strategies and adaptation.
Opportunities for growth include market dynamics, margin expansion, and capturing more market share in key segments.

Ares Management reports robust Q3 performance and eyes growth opportunities

Ares Management's Q3 earnings call highlighted strong financial performance, growth in commitments, and positive results across various investment strategies. The company's focus on fundraising, expansion in diverse regions, and strong deployment activity position it well for future growth. While facing challenges related to timing shifts and fund durations, Ares can leverage opportunities in the Alt Credit pipeline and private credit market for sustained success.

Ares Management reports record Q4 income and strong investor demand

Ares Management's Q4 2023 earnings call reflects a robust financial performance, strong investor demand, and strategic growth initiatives. With a solid foundation of over $110 billion in dry powder, the company is poised for continued success in deploying capital and expanding its presence in key markets. Despite challenges in market dynamics, Ares Management's diversified business model and proactive approach to risk management position it well for future growth.

Ares Management exceeds AUM goals, anticipates M&A growth opportunities

Ares Management reports robust performance with increased dividends and AUM exceeding projections. Strong fundraising momentum and growth potential across various business lines. Optimistic outlook on M&A activity and opportunities in key markets.

Ares Management reports record fundraising and strategic growth initiatives

Ares Management shows robust financial performance with strong dividend growth and investment activity.
The company capitalizes on real estate and digital infrastructure opportunities while expanding wealth management.
Challenges include managing costs and balancing profitability with sustainable growth strategies.
Opportunities lie in global expansion, distribution diversification, and maximizing origination profitability.

Ares Management's Q3 performance showcased strong growth in management fees, successful fundraising, and expansion in wealth management and real assets.
Despite challenges with comp ratios and tax structures, Ares' focus on scaling partnerships and product offerings positions them for future growth and earnings in 2025.
The company's emphasis on meeting investor demand, enhancing client experience, and diversifying its business mix highlights a strategic approach to long-term success.
Ares Management's financial performance and strategic initiatives present opportunities for growth through capital attraction, acquisitions, and market expansion.

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Ares Management Corp. engages in the provision of investment and consultancy services. It operates through the following segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment includes the management of strategies across the liquid and illiquid spectrum, direct lending, and Asia-Pacific. The Private Equity Group segment involves the categorization of investment strategies as corporate, special opportunities, and Asia-Pacific. The Real Assets Group segment focuses on equity and debt strategies across infrastructure investments. The Secondaries Group segment consists of investment in secondary markets, alternative asset class strategies, private equity, real estate, infrastructure, and credit. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ended December 31, 2021 on Friday, February 11, 2022 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 12:00 p.m. (Eastern Time) to discuss its fourth quarter and full year ended December 31, 2021 financial results. All interested parties are invited to participate via tele

Ares Management Corporation Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ended December 31, 2021

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Jeffrey Hughes has joined the Ares Credit Group to lead the firm's new effort in sourcing and managing privately placed investment grade credit investments. In this newly created role, Mr. Hughes joins as a Managing Director and reports to Kipp deVeer, Head of the Ares Credit Group. He will work closely within Ares' direct lending and alternative credit teams to leverage the firm's considerable ind

Ares Management Corporation Adds New Capability in Investment Grade Private Credit

NEW YORK & LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that industry veterans Sebastien Burdel and Luca Salvato are joining as Partners in the Ares Secondary Solutions Group. They will work alongside Ares' existing teams in both New York and London to directly originate new secondary market investment opportunities and leverage Ares' substantial presence in the U.S. and Europe. These additions underscore the growth and significant demand for comple

Ares Management Corporation Further Expands Secondary Solutions Group

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Eileen Naughton has joined its Board of Directors (the “Board”) as an independent director. The Board has been expanded to 11 members, including five independent directors and one vacancy, which the Board will seek to fill in 2022 with an additional independent director. Ms. Naughton is a talented business leader with more than 30 years of corporate experience in people management, technology and g

Ares Management Corporation Appoints Eileen Naughton to Its Board of Directors

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP's PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is

Ares Management Corporation Announces Agreement to Acquire AMP's PrivateMarketsCo Infrastructure Debt Platform

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), announced today that funds managed by the Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet. The properties were purchased from two different sellers at an aggregate purchase price of approximately $1.7 billion. The portfolios represent a diversified mix of Class A and B industrial holdings across 16 U.S. markets. Located

Ares Management Acquires 11.9 Million Square Feet of Industrial Assets

Apollo Global Management

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Top 3 private equity stocks to buy in December

RICHMOND, Va.--(BUSINESS WIRE)--Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Convergint Technologies (Convergint), a portfolio company of the Private Equity Group of Ares Management Corporation (NYSE: ARES; Ares), on its investment from Leonard Green & Partners, L.P. (LGP) and funds managed by Harvest Partners, LP (Harvest). Convergint is a global leader in service-based systems integration. Bob Baltimore, Derek Lewis, Brian Lucas

Harris Williams Advises Convergint Technologies on its Investment from Leonard Green & Partners, L.P. and Harvest Partners, LP

LOS ANGELES & SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) and Convergint Technologies (“Convergint” or the “Company”) today announced that Leonard Green & Partners, L.P. (“LGP”) and funds managed by Harvest Partners, LP (“Harvest”) have purchased equity in Convergint from a fund managed by Ares' Private Equity Group (“Ares”) and other existing shareholders. As a result of the transaction, Ares, LGP and Harvest will be financial partners with the Company. Head

Ares Management Sells Stake in Convergint Technologies to Leonard Green and Harvest Partners

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that it has raised $2.2 billion of dedicated climate infrastructure capital, comprising its inaugural Ares Climate Infrastructure Partners Fund (“ACIP” or the “Fund”) with approximately $1.4 billion in total raised, and $800 million in related transaction vehicles. Through ACIP, the Ares Infrastructure and Power team provides value-add and flexible ca

Ares Management Corporation Raises $2.2 Billion of Climate Infrastructure Capital

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of Ares Senior Direct Lending Fund II (“SDL II” or the “Fund”). With total equity commitments of approximately $8 billion, SDL II was significantly oversubscribed relative to its initial target of $4.5 billion. The Fund is over 2.6x the size of its 2018 predecessor fund of $3 billion. Including anticipated leverage, the total capital

Ares Management Closes Senior Direct Lending Fund II at $14 Billion with Expected Leverage

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Goldman Sachs US Financial Services Conference on Wednesday, December 8, 2021 at 8:40am ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on the Company's w

Ares Management Corporation to Present at the Goldman Sachs 2021 US Financial Services Conference

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) today announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the “Company”). Caisse de dépôt et placement du Québec (“CDPQ”), a global investment group, also participated in the financing through a wholly owned subsidiary as part of its Capital Solutions investment strategy. Founded in 2

Ares Management Leads $400 Million Credit Facility to CrossCountry Mortgage

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NETLease Corporate Real Estate ETF

Right now, net lease REITs are stuck below all-time highs and underperforming because we are in a high inflation/rising rates environment. Soon enough, however, we should return to a low inflation/low rates environment, which is ideally suited for net lease REITs.

The Net Lease REIT Report For Q3 2021: Ramping Up Acquisition Volume

LONDON--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) and Moda Living (“Moda”) announced today that a fund managed by the Ares Real Estate Group has entered a joint venture partnership with Moda to launch a vertically integrated built-to-rent single family homes (“SFH”) brand across the U.K. Through direct development with Caddick Construction and partnerships with reputable local developers, the platform will target the delivery of over 5,000 high-quality purpose-built hom

Ares Management and Moda Living Launch Single Family Housing Venture

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) and Core Spaces, a leading real estate company and student housing developer, owner and operator, announced today a partnership through funds managed by the Ares Real Estate Group to acquire a portfolio of five purpose-built student housing assets valued at over $400 million. This represents the initial transaction for the partnership that will seek to grow an attractive student housing portfolio targeting premier c

Ares Management and Core Spaces Launch $400 Million Student Housing Partnership

Kipp Deveer, Head Credit Group at Ares Management (NYSE:ARES), made a large insider sell on November 2, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Deveer sold 101,810 shares of Ares Management at prices ranging from $83.93 to $85.62.

Head Credit Group Of Ares Management Makes $8.6M Sale

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities Banking and Financials Conference on Wednesday, November 10, 2021 at 10:30 am EST. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on the Comp

Ares Management Corporation to Present at the BofA Securities Banking and Financials Conference 2021

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) is providing details on certain new financing commitments made across its U.S. direct lending strategies. Funds managed by Ares Management Corporation's Credit Group (collectively “Ares”) closed approximately $7.2 billion in commitments across 54 transactions during the third quarter of 2021 and approximately $27.0 billion in commitments across 244 transactions in the last twelve-month period ended September 30, 2021. This c

Ares Management Corporation Highlights Third Quarter and Last Twelve Months U.S. Direct Lending Commitments

LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that funds managed by the Ares Real Estate Group (“Ares”) were awarded an innovative public-private partnership with the Community of Madrid to develop more than 3,600 affordable rental residential units in Madrid. As part of its Plan VIVE, the Community of Madrid has awarded Ares a 50-year concession to invest €400 million in developing housing across 13 municipalities in Madrid. Ares has committed to developing

Ares Management Corporation Awarded Innovative Public-Private Partnership with the Community of Madrid to Develop More Than 3,600 Affordable Rental Residential Units

Ares Management Corporation's (ARES) CEO Michael Arougheti on Q3 2021 Results - Earnings Call Transcript

Ares Management (NYSE:ARES) reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:00 AM. Here's what investors need to know about the announcement.

Recap: Ares Management Q3 Earnings

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2021. GAAP net income attributable to Ares Management Corporation was $84.7 million for the quarter ended September 30, 2021. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.49 for the quarter ended September 30, 2021. On a diluted basis, net income attributable to Are

Ares Management Corporation Reports Third Quarter 2021 Results

Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Ares Management (ARES) Might Surprise This Earnings Season

IRVINE, Calif.--(BUSINESS WIRE)-- #commerciallender--Archwest Capital announced the completion of strategic minority investment by Aspida Holdings, an indirect subsidiary of Ares Management Corporation.

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