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Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager with a diversified platform that provides clients with complementary primary and secondary investment solutions across credit, private equity, real estate, and infrastructure asset classes. Founded in 1997, Ares adheres to a disciplined investment philosophy designed to deliver strong risk-adjusted returns throughout various market cycles.
As of December 31, 2023, Ares manages approximately $428 billion in assets and operates from over 15 offices across North America, Europe, Asia, and Australia. The company is organized into four key business segments: the Credit Group, the Private Equity Group, the Real Assets Group, and the Secondaries Group.
The Credit Group is Ares' largest segment by revenue, focusing on managing credit strategies across both liquid and illiquid markets. This includes investing in leveraged loans, high-yield bonds, and private credit opportunities. Highlighting its recent achievements, Ares closed approximately $9.3 billion in U.S. direct lending commitments in Q1 2024 alone.
The Private Equity Group handles investments in corporate private equity, infrastructure and power, and special opportunities. Notable investments include support for the growth plans of companies like Aptean and Artivion.
The Real Assets Group manages comprehensive equity and debt strategies across real estate and infrastructure investments. Recent projects include significant contributions to Vantage Data Centers' expansion in the EMEA region.
The Secondaries Group invests in secondary markets across a range of alternative asset strategies, including private equity, real estate, infrastructure, and credit.
Ares places a strong emphasis on collaboration across its investment groups to generate consistent and attractive returns. The firm is committed to flexible capital deployment to support businesses and create value for stakeholders. For more information, visit www.aresmgmt.com.
Monolith Brands has successfully raised approximately $50 million in equity and $180 million in debt capacity during its Series A funding round. The funding, led by Hayfin and Ares Management Credit Funds, aims to enhance Monolith's portfolio of established brands in the consumer products sector, focusing initially on Pet and Baby & Toddler categories. Monolith's strategy emphasizes mature brand acquisition, sector-specific focus, omnichannel presence, and long-term partnerships to drive sustainable growth. The company seeks to unlock new opportunities for its brands and grow revenue effectively.
Ares Management has partnered with CAIS to enhance the distribution of its alternative investment strategies, catering to independent broker-dealers and registered investment advisors. This collaboration aims to create custom investment solutions and leverage CAIS’ data-rich dashboard, benefiting from insights across over 6,600 advisory firms. The partnership also includes educational resources through CAIS IQ to facilitate advisor understanding of alternative investments. Ares will participate in the CAIS Alternative Investment Summit from October 17-19 in Los Angeles, CA.
Ares Management Corporation (NYSE: ARES) has successfully raised
Ares Management Corporation (NYSE: ARES) announced that CEO Michael Arougheti will present at the Barclays Global Financial Services Conference on September 13, 2022, at 12:00 PM ET. The live audio webcast can be accessed via the Investor Resources section of the company's website. A replay will be available shortly after the event. As of June 30, 2022, Ares Management oversees approximately $334 billion in assets across various sectors including credit, private equity, and real estate, with over 2,300 employees globally.
Ares Wealth Management Solutions (AWMS) and iCapital are expanding their partnership to offer financial advisors enhanced access to alternative investment solutions. This collaboration will leverage iCapital’s technology to create an Ares-branded platform for distribution and client management. AWMS, with approximately 110 professionals, aims to improve access to various investment offerings, including credit, private equity, and real estate. The partnership is designed to better serve high-net-worth clients and strengthen their portfolios by providing institutional-quality products.
Ares Private Markets Fund has appointed Barry Miller as Chief Executive Officer effective August 11, 2022. With 24 years in private equity and secondary investing, Miller aims to broaden individual investors' access to alternative investment solutions. Ares' global platform manages approximately $334 billion in assets as of June 30, 2022, focusing on diversified private equity fund stakes in the U.S. and Europe. The Fund is distributed through Ares Wealth Management Solutions and aims to generate risk-adjusted returns for investors.
Atlas Crane Service has announced that a fund managed by Ares Management has acquired a controlling interest in the company. Founded in 2009, Atlas specializes in crane rental services for the wind industry and boasts a customer base of over 250. Ares' investment is expected to accelerate Atlas' growth and enhance its capabilities in the renewable sector, particularly in wind energy. The management team will remain intact, focusing on geographic expansion and superior service delivery, while leveraging Ares' resources for strategic growth.
Ares Capital Corporation (NASDAQ: ARCC) has announced a public offering of 8,000,000 shares of common stock, with an option for underwriters to purchase an additional 1,200,000 shares. The offering will utilize the company's shelf registration statement filed with the SEC on June 3, 2021. Proceeds from the offering are intended to repay certain outstanding debts, with potential reborrowing for general corporate purposes. Investors should review the preliminary prospectus and accompanying prospectus for comprehensive details on investment objectives and associated risks.
Ares Management Corporation (NYSE: ARES) reported approximately $5.9 billion in U.S. direct lending commitments across 58 transactions for Q2 2022, compared to $9.0 billion in the same quarter last year. In the last twelve months, Ares closed approximately $31.8 billion in commitments across 259 transactions, down from $21.8 billion a year prior. Additionally, Ares acquired a portfolio of $2.4 billion in middle market loans during Q2 2022.
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