STOCK TITAN

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.

Rhea-AI Summary

Ares Management Corporation (NYSE: ARES) appointed Mark Serocold as Partner and Head of EMEA for Ares Wealth Management Solutions (AWMS) in London. Serocold, with nearly 20 years of private wealth distribution experience, previously worked at Blackstone. His role will focus on product development and strategic partnerships in EMEA, supported by additional hires in sales and client services. The wealth management sector is expected to see significant asset growth, increasing from $38 trillion in 2021 to $54 trillion by 2024, presenting opportunities for Ares.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.98%
Tags
none
-
Rhea-AI Summary

Ares Management Corporation (NYSE: ARES) reported approximately $5.7 billion in new direct lending commitments closed in Q3 2022 across 45 transactions, amounting to $32 billion in the last twelve months. This represents a decrease from $7.2 billion in Q3 2021. The company facilitated several notable transactions, including funding for Discovery Life Sciences, Evolent Health, and Tempus. As of September 30, 2022, Ares managed approximately $341 billion in assets globally across multiple investment sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
none
Rhea-AI Summary
Ares Management Corporation reports Q3 2022 financial results with a net loss of $35.5 million. After-tax realized income was $233.1 million. The company declares a quarterly dividend of $0.61 per share. Ares has $90 billion of available capital and sees attractive investment opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
none
-
Rhea-AI Summary

Ares Capital Corporation (NASDAQ: ARCC) has appointed Kort Schnabel as Co-President, while Michael Smith transitions to the Board of Directors. Schnabel, a longstanding member of Ares since 2001, was pivotal in the firm's U.S. direct lending strategy. CEO Kipp deVeer emphasizes Schnabel's critical role in the company’s growth. The Board welcomes Smith, highlighting his contributions since Ares’ 2004 IPO, during which the company has achieved nearly double the stock-based returns of the S&P 500. Ares Capital focuses on private middle-market investments to generate attractive returns.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.27%
Tags
management
-
Rhea-AI Summary

Ares Capital Corporation (NASDAQ: ARCC) declared a fourth quarter dividend of $0.48 per share, payable on December 29, 2022, with record date on December 15, 2022. The company reported a Q3 2022 core EPS of $0.50, up from $0.47 in Q3 2021, while GAAP net income per share decreased to $0.21 from $0.73. Total net investment income was $288 million, compared to $184 million year-over-year. Ares capital made new investment commitments of $2.2 billion in Q3 2022, indicating strong activity despite market conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.27%
Tags
dividends earnings
Rhea-AI Summary

Ares Management Corporation announced the successful closing of its Ares Special Opportunities Fund II with commitments exceeding $7.1 billion, surpassing the target of $4.0 billion. This fundraising reflects strong global investor interest and confidence in Ares’ strategy, which aims to provide tailored financing solutions for companies undergoing transformational change. The Special Opportunities strategy has deployed nearly $12 billion across various investments, demonstrating Ares’ robust market positioning and operational scale.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.04%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
-
Rhea-AI Summary

Ares Management Corporation (NYSE: ARES) announced the final closing of its Ares U.S. Real Estate Fund X, L.P. on September 30, 2022. The fund surpassed its $1.5 billion target, reaching $1.8 billion in commitments, making it 75% larger than its predecessor fund. Ares highlights strong investor support and plans to leverage its experience to capitalize on new investment opportunities in durable sectors. The fund aims for a diverse portfolio focused on generating current income and enhancing property values through disciplined investment strategies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
none
Rhea-AI Summary

Ares Capital Corporation (NASDAQ: ARCC) will report its third quarter earnings for the period ending September 30, 2022 on October 25, 2022, before the market opens. A conference call is scheduled for 10:00 a.m. (ET) on the same day to discuss the results. Investors can access the call via telephone or through a live webcast on Ares Capital's website. The company, which focuses on private middle-market lending, is the largest publicly traded BDC by market capitalization.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.34%
Tags
Ares Management Corporation

NYSE:ARES

ARES Rankings

ARES Stock Data

30.86B
187.68M
12.47%
79.14%
1.87%
Asset Management
Investment Advice
Link
United States
LOS ANGELES