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

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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.

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NEW YORK--(BUSINESS WIRE)--Apollo Global Management, Inc. (Apollo), Ares Management Corporation (Ares) and Oaktree Capital Management, L.P. (Oaktree) today announced a 10-year, $90 million, industry-first initiative, “AltFinance: Investing in Black Futures™.” The initiative is designed to diversify the alternative investment industry by attracting, training and providing career opportunities for college students attending three Historically Black Colleges and Universities (HBCUs). AltFinance wi

Apollo, Ares and Oaktree to Launch $90 Million Initiative for Students at Historically Black Colleges and Universities

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LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financial Officer, Michael McFerran, are scheduled to present at the Morgan Stanley Virtual U.S. Financials, Payments & CRE Conference on Tuesday, June 15th at 2:45pm EDT. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.are

Ares Management Corporation to Present at the Morgan Stanley U.S. Financials, Payments & CRE Conference

Ares Management will be acquiring Black Creek Group in an undisclosed cash/stock deal.

Ares Management: Black Creek Acquisition An Incremental Positive For The Growth Story

BrightSphere Investment Group

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has completed the sale of its 60% ownership interest in Landmark Partners LLC (“Landmark”) to Ares Management Corporation (NYSE: ARES). In connection with the sale, BrightSphere has also transferred its co-investment interests in Landmark funds to Ares. Total gross proceeds to BSIG from the transaction, which includes proceeds from the transfer of its ownership equity and co-investment interests, pl

BrightSphere Investment Group Inc. Completes Sale of Landmark Partners LLC

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that its subsidiary has completed its previously disclosed acquisition of Landmark Partners, LLC (collectively with its subsidiaries, “Landmark”), one of the largest and most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. With more than $19.6 billion in assets under management as of March 31, 2021, Landmark provides private equ

Ares Management Corporation Completes Acquisition of Landmark Partners

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES) announced today that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group's U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate investment management firm. Founded in 1993, Black Creek had approximately $11.6 billion of assets under management, as of March 31, 2021, in core / core-plus real estate strategies across two non

Ares Management Corporation Announces Agreement to Acquire Black Creek Group

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LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financial Officer, Michael McFerran, are scheduled to present at the Wells Fargo Virtual Financial Services Investor Conference on Wednesday, May 19, 2021 at 11:20 am EDT. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmg

Ares Management Corporation to Present at the Wells Fargo Virtual Financial Services Investor Conference

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today that its Chief Executive Officer and President, Michael Arougheti, and its Chief Operating Officer and Chief Financial Officer, Michael McFerran, are scheduled to present at the Barclays Americas Select Franchise Conference on Tuesday, May 18, 2021 at 11:00 am EDT. 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 tho

Ares Management Corporation to Present at the Barclays Americas Select Franchise Conference

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow & Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not disclosed. Farrow & Ball is an iconic paint and wallpaper brand with a 75-year British heritage. Recognized as the authority on colour and interior design inspiration, Farrow & B

Ares Management Announces Sale of Farrow & Ball to Hempel Group

EDISON, N.J., May 4, 2021 /PRNewswire/ -- CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, announced today that it has been acquired by affiliates of American Securities LLC, a leading US private equity firm.

CS Energy Announces Closing of Acquisition by American Securities

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the release of its inaugural sustainability report, titled Catalyzing a Better Future. This initial report, which will be updated and released on an annual basis, demonstrates 2020 as a pivotal year for Ares with ESG efforts gaining heightened focus in light of a global pandemic, increasing health and economic inequality, social justice issues and a c

Ares Management Corporation Announces the Release of its Inaugural Sustainability Report

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 $3.6 billion in commitments across 45 transactions during the first quarter of 2021. Below is a description of selected transactions that Ares closed during the first quarter. AI Fire / Snow Phipps Group Ares served as

Ares Management Corporation Highlights First Quarter U.S. Direct Lending Commitments

Ares Management Corporation (ARES) CEO Michael Arougheti on Q1 2021 Results - Earnings Call Transcript

Ares Management (ARES) delivered earnings and revenue surprises of -9.80% and -5.85%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Ares Management (ARES) Q1 Earnings and Revenues Miss Estimates

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2021. GAAP net income attributable to Ares Management Corporation was $58.4 million for the quarter ended March 31, 2021. On a basic basis, net income attributable to Ares Management Corporation per share of Class A common stock was $0.33 for the quarter ended March 31, 2021. On a diluted basis, net income attributable to Ares Management Corporation pe

Ares Management Corporation Reports First Quarter 2021 Results

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its fifth commingled European direct lending fund, Ares Capital Europe V (“ACE V” or “the Fund”) at €11.0 billion, representing the largest European direct lending fund raised to date. With strong investor support, ACE V surpassed its €9.0 billion target eight months after its launch and closed oversubscribed at its €11.0 billion

Ares Management Corporation Closes Oversubscribed Fifth European Direct Lending Fund at €11 Billion

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AMG vs. ARES: Which Stock Should Value Investors Buy Now?

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the pricing of its previously announced underwritten public offering of 9,500,000 shares of Class A common stock, par value $0.01 per share (“Class A common stock”), of the Company at a public offering price of $54.00 per share of Class A common stock. Ares has granted to the underwriters of the offering an option to purchase up to 1,425,000 additional shares of Class A common stock.

Ares Management Announces Pricing of Offering of Class A common stock

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its Ares U.S. Real Estate Opportunity Fund III, L.P. (“AREOF III” or the “Fund”). The Fund, which targets distressed, repositioning, and selective development opportunities, was oversubscribed with approximately $1.7 billion of commitments compared to its $1.5 billion target. This marks the largest U.S. real estate equity fundrais

Ares Management Corporation Closes Oversubscribed Third U.S. Opportunistic Real Estate Fund

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares” or the “Company”) today announced the launch of an underwritten public offering of 9,500,000 shares of Class A common stock, $0.01 par value per share (“Class A common stock”), of the Company. Ares expects to grant to the underwriters of the offering an option to purchase up to 1,425,000 additional shares of Class A common stock. Concurrently with the offering, Ares entered into a share purchase agreement with Sumito

Ares Management Announces Launch of Offering of Class A common stock

LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the first quarter ended March 31, 2021 on Thursday, April 29, 2021 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 first quarter ended March 31, 2021 financial results. All interested parties are invited to participate via telephone or the live webcast, which w

Ares Management Corporation Schedules Earnings Release and Conference Call for the First Quarter Ended March 31, 2021

Ares Management (ARES) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Ares Management (ARES) Moves 5.5% Higher: Will This Strength Last?

BOSTON--(BUSINESS WIRE)--BrightSphere Investment Group Inc. (NYSE: BSIG) today announced that it has entered into a definitive agreement to sell its 60% ownership interest in Landmark Partners LLC (“Landmark”) to Ares Management Corporation (NYSE: ARES) for $690 million. As part of the transaction, Ares will also acquire the 40% ownership interest in Landmark held by the Landmark management team for $390 million, for a total transaction value of approximately $1.1 billion for 100% of Landmark P

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