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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 Management Corporation and Apex Clean Energy have signed a nonbinding memorandum of understanding (MOU) to explore developing a large-scale green hydrogen production facility at the Port of Corpus Christi, Texas. The project aims to generate unprecedented volumes of green hydrogen and fuels necessary for decarbonizing heavy industries such as transportation and chemicals. This initiative builds on prior collaborations to develop renewable infrastructure, emphasizing Ares' commitment to sustainability and energy transition, further leveraging Texas' wind and solar resources.
Ares Management Corporation (NYSE: ARES) has acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for
Ares Management Corporation (NYSE: ARES) announced that CEO Michael Arougheti will present at the Credit Suisse 23rd Annual Financial Services Forum on Friday, February 18, 2022, at 9:40 am EST. A live audio webcast will be available on the Company’s website, with a replay accessible shortly after the event. Ares Management is a global alternative investment manager with approximately $306 billion in assets under management as of December 31, 2021, employing around 2,100 people worldwide.
Ares Management Corporation (NYSE: ARES) reported a remarkable increase in new financing commitments, totaling approximately
Ares Management Corporation (NYSE:ARES) reported strong financial results for Q4 and FY 2021, with a GAAP net income of $124.1 million for the quarter and $408.8 million for the year. After-tax realized income was $291.1 million and $803.7 million, respectively. The company achieved record assets under management (AUM) exceeding $300 billion, marking a 55% growth, driven by organic fundraising of $25 billion in Q4 and about $77 billion for the year. A quarterly dividend of $0.61 per share was declared, payable on March 31, 2022.
Ares Management Corporation has completed the acquisition of AMP Capital's Infrastructure Debt platform, adding approximately
Led by Patrick Trears, the new team will enhance Ares’ capabilities in the growing infrastructure sector, leveraging Ares' global platform and experience. The acquired platform will be reported under the new Ares Real Assets Group segment starting March 31, 2022.
Ares Management Corporation (NYSE: ARES) has partnered with First Generation Investors (FGI), a nonprofit focused on financial literacy for underserved high school students. This collaboration will support FGI chapters at premier universities, including Boston College and MIT. The initiative aims to provide students with investment accounts and real funds to enhance their financial education. Ares' involvement highlights its commitment to reduce wealth disparities and promote inclusion in the investment economy, aligning with its philanthropic goals.
Ares Capital Corporation (NASDAQ: ARCC) has declared a first quarter dividend of $0.42 per share, payable on March 31, 2022, to stockholders of record by March 15, 2022. Additionally, it announced a total of $0.12 in extra dividends for 2022, distributed quarterly. For Q4 2021, Ares Capital recorded a core EPS of $0.58, GAAP net income per share of $0.83, and total assets of $20.84 billion. The company also reported increased portfolio investments, reaching $20.01 billion at fair value. Strong credit quality positions Ares Capital favorably for future growth.
Ares Capital Corporation (NASDAQ:ARCC) announced the tax treatment of its 2021 common stock distributions. The total paid per share is $1.6200, with ordinary income at $1.5737 (97.142% of total dividends) and interest-related dividends designated. No portion qualifies as capital gain dividends. Record dates for distributions were on 3/15, 6/15, 9/15, and 12/15 of 2021, with payable dates following shortly. Investors are advised to consult tax advisors for specific guidance.
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