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Ares Management Corporation - ARES STOCK NEWS

Welcome to our dedicated page for Ares Management Corporation news (Ticker: ARES), a resource for investors and traders seeking the latest updates and insights on Ares Management Corporation stock.

Ares Management Corporation (NYSE: ARES), a global leader in alternative asset management, provides investors with timely updates through this centralized news hub. Track official announcements, strategic developments, and market-moving insights across the company's credit, private equity, and real estate investment activities.

This resource delivers essential information for monitoring ARES' operational milestones, including earnings reports, fundraising initiatives, and strategic partnerships. Users gain access to verified updates on regulatory filings, leadership changes, and portfolio company developments within the $325+ billion asset manager's ecosystem.

Key coverage areas include innovations in credit strategies, real asset acquisitions, and global market expansions. The curated news feed supports informed analysis of ARES' performance across its integrated investment groups while maintaining strict adherence to factual reporting standards.

Bookmark this page for streamlined access to Ares Management's evolving narrative. Combine these updates with fundamental analysis tools to assess the company's position in alternative investment markets.

News

Ares Management Corporation Announces U.S. Direct Lending Origination Activity

Rhea-AI Summary
Ares Management Corporation closed approximately $6.1 billion in new commitments in Q3 2023 and $20.6 billion in the last twelve months. They completed 53 transactions in Q3 and 189 transactions in the last twelve months. Ares served as the administrative agent, joint lead arranger, and joint bookrunner for various credit facilities to support the growth plans and acquisitions of companies like Absolute Software, ATI Restoration, Finastra, Hanger Inc., Hyland Software, Keter & Waste Harmonics, Modigent, PracticeTek, Prime Capital, Priority Waste, and Simtra BioPharma Solutions.
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Ares Management Corporation Reports Third Quarter 2023 Results

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Ares Management Corporation reported its financial results for Q3 2023, with GAAP net income of $61.8 million and after-tax realized income of $261.1 million. Fee related earnings were $274.2 million. The company declared a quarterly dividend of $0.77 per share and has a Dividend Reinvestment Program. Ares had its second highest ever quarter of fundraising with gross new commitments totaling nearly $22 billion.
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Ares Management Closes $6.6 Billion Pathfinder II Alternative Credit Fund to Invest in Private Asset Based Credit

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Ares Management Corporation has announced the final closing of Ares Pathfinder Fund II, L.P. and Ares Pathfinder Fund II (Offshore), L.P. at $6.6 billion in commitments. The Fund was oversubscribed and closed at its hard cap, exceeding its $5 billion target. The predecessor fund had total commitments of $3.7 billion. The Ares Alternative Credit strategy manages approximately $27.8 billion in assets under management. The Pathfinder family of funds has raised approximately $15 billion in LP commitments with a charitable tie-in.
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Littlejohn & Co. Welcomes Ares as Significant Investor in Interstate Waste Services

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Interstate Waste Services announces that funds managed by Ares Management Corporation will acquire a significant equity stake in the company. IWS also completes a debt recapitalization with a new first-lien term loan. Terms of the transactions were not disclosed.
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Ares Capital Corporation Announces September 30, 2023 Financial Results and Declares Fourth Quarter 2023 Dividend of $0.48 Per Share

Rhea-AI Summary
Ares Capital Corporation has declared a fourth quarter 2023 dividend of $0.48 per share, payable on December 28, 2023. The company also announced its financial results for Q3-23, with GAAP net income per share of $0.89 and core EPS of $0.59. Total assets as of September 30, 2023, were $22,920 million.
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Ares Management Launches Ares European Strategic Income Fund to Expand its Offering to Global Wealth Channel

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Ares Wealth Management Solutions launches AESIF, a new direct lending fund providing access to Ares' European direct lending strategy for individual investors in Europe and Asia.
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Ares Management Corporation and Vinci Partners Announce Strategic Partnership and Investment

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Ares and Vinci Partners form strategic partnership to accelerate growth in Latin America
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Ares Management Corporation Schedules Earnings Release and Conference Call for the Third Quarter Ending September 30, 2023

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Ares Management Corporation will report Q3 2023 earnings on October 31, 2023. Webcast/conference call at 11:00 a.m. ET. Archived replay available until November 28, 2023.
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Ares Management Corporation to Present at the BofA Securities 28th Annual Financials CEO Conference

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Ares Management CEO to present at BofA Securities conference
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X-energy and Ares Acquisition Corporation Announce Additional Committed Capital and Attractive Strategic Updates to Business Combination

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Ares Management increases total commitment to $80 million with $50 million PIPE investment in X-energy. X-energy's pre-money equity value revised to $1.05 billion. Additional capital expected to deliver approximately $534 million to the combined company. Revised valuation provides an attractive entry point for investors.
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Ares Management Corporation

NYSE:ARES

ARES Rankings

#322 Ranked by Market Cap
#1205 Ranked by Dividends

ARES Stock Data

30.86B
187.68M
12.47%
79.14%
1.87%
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