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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.
Ares Capital Corporation (NASDAQ: ARCC) announced it will report its first-quarter earnings for the period ending March 31, 2022, on April 26, 2022, before the Nasdaq market opens. A conference call will follow at 10:00 AM (ET) to discuss the results. Interested participants can join via telephone or through a live webcast available on Ares Capital's website. The company is the largest publicly traded business development company and focuses on providing loans and investments to middle market companies in the U.S.
Ares Management Corporation (NYSE: ARES) will report its first quarter earnings for the period ending March 31, 2022, on April 28, 2022, before NYSE opening. A conference call will follow at 11:00 a.m. ET to discuss these results. Interested parties can participate via phone or a live webcast on their website. Ares Management, a global alternative investment manager, has approximately $314 billion in assets under management and operates in North America, Europe, Asia Pacific, and the Middle East, employing around 2,100 staff.
Kyte, a car-on-demand service, has secured a $200 million asset-backed credit financing from Goldman Sachs and Ares Global Management to enhance fleet growth and margin expansion. This funding aims to support Kyte's vision of creating the largest electrified, autonomous fleet platform. As customer expectations evolve, Kyte is facilitating a shift from traditional car ownership to on-demand access, positioning itself for global expansion amid a transformative transportation industry. This investment will enable the integration of new vehicle models and support the transition towards electric fleets.
Volery Capital, a private equity firm focused on growth investments addressing climate change and economic inclusion, has been recognized in the ImpactAssets 50 Emerging Managers list for the second consecutive year. This accolade highlights the firm's commitment to generating market-rate returns while fostering social and environmental impact.
Volery's investment strategy includes funding companies driving the energy transition and promoting financial inclusion, with notable investments in RRG Capital Management and Sustainable Development Capital, LLP.
Ares Capital Corporation (NASDAQ:ARCC) has appointed Mary Beth Henson as an independent director, expanding its Board from nine to ten members. With over 30 years of financial leadership experience, Ms. Henson's background includes roles as CFO at the National Audubon Society and VP of Finance at City Harvest. Ares Capital's Co-Chairmen, Michael Arougheti and Bennett Rosenthal, believe her expertise will enhance long-term value for stakeholders. CEO Kipp deVeer also expressed confidence in her contribution to the Board's strategic goals.
SB Energy Global has secured a strategic equity investment of up to $600 million from funds managed by Ares Management Corporation to enhance its Climate Infrastructure Technology platform. The funding aims to accelerate the development of renewable energy solutions in the U.S., contributing to a target of 10 GW of renewable projects by 2025. Since its U.S. launch in 2019, SB Energy has completed 1.7 GW of solar projects, with significant backing from both SoftBank and Ares to foster further growth and innovation in clean energy.
Ares Capital Corporation (NASDAQ:ARCC) announced that CFO Penni Roll will present at the Raymond James & Associates' 43rd Annual Institutional Investors Conference on March 8, 2022, at 7:30 AM ET in Orlando, Florida. A live audio webcast will be available on the company's website, and a replay will follow shortly after the event. Founded in 2004, Ares Capital specializes in providing direct loans and investments in private middle-market companies in the U.S., focusing on high-quality borrowers for economic growth. As of December 31, 2021, it is the largest publicly traded BDC by market capitalization.
On March 3, 2022, Sharestates announced the closing of a new $100 million warehouse line of credit led by Ares Management Corporation to enhance its lending capabilities. This facility complements existing credit and positions Sharestates to support its growing loan origination volume, which has surged over 40% quarter-over-quarter and nearly doubled year-on-year. With over $3 billion in origination volume in 2021, the company aims to continue expanding its presence in residential real estate financing.
Ares Capital Corporation (ARCC) announced that CEO Kipp deVeer will present at the RBC Capital Markets Financial Institutions Virtual Conference on March 8, 2022, at 2:00 PM ET. Investors can access a live audio webcast on the company’s website, with a replay available afterward. Founded in 2004, Ares Capital focuses on providing direct loans and investments in U.S. private middle market companies, aiming for capital growth and current income for investors. As of December 31, 2021, it is the largest publicly traded business development company by market capitalization.
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