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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) 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.

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Ares Management Corporation (NYSE: ARES) has announced a definitive agreement to acquire the AMP PrivateMarketsCo Infrastructure Debt platform for US$308 million, enhancing its infrastructure investment capabilities. This strategic acquisition adds approximately US$8 billion in assets under management, bringing Ares' total to over US$12 billion. The Infrastructure Debt team, led by Patrick Trears, has a strong track record with nearly 60 transactions totaling US$9 billion. The acquisition is expected to close in Q1 2022 and is projected to be immediately accretive to Ares' earnings.

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Ares Management Corporation (NYSE: ARES) has successfully acquired two portfolios comprising 75 industrial properties, totaling 11.9 million square feet, for approximately $1.7 billion. The acquisitions enhance Ares' position in high-demand markets, including Atlanta, Chicago, and Dallas, with around 80% of the assets located in infill areas. This strategic expansion aims to leverage increasing tenant demand and strong rental growth. Ares Real Estate Group manages approximately $37 billion in assets and focuses on expanding its industrial sector presence.

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Harris Williams advised Convergint Technologies, backed by Ares Management Corporation (ARES), on an investment from Leonard Green & Partners and Harvest Partners. Convergint, a $1.8 billion global leader in systems integration, specializes in electronic security and fire safety. The addition of these investors is expected to enhance Convergint's resources and capabilities, supporting exceptional customer service and colleague development. Ares Management manages approximately $282 billion in assets, while Leonard Green has over $50 billion in assets under management.

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Ares Management Corporation (NYSE: ARES) has announced that Leonard Green & Partners and Harvest Partners have acquired equity in Convergint Technologies, marking a partnership with Ares and existing shareholders. Convergint, a leader in service-based systems integration, has seen its revenue and EBITDA more than double since 2017. The company has a strong global presence, with over 7,100 employees and 150 locations. Ares and its partners are committed to supporting Convergint's growth and expansion in various sectors.

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Ares Management Corporation (NYSE: ARES) has successfully raised $2.2 billion for climate infrastructure investments, with $1.4 billion from its inaugural Ares Climate Infrastructure Partners Fund (ACIP) and $800 million from related transaction vehicles. The fund focuses on financing renewable energy and related sectors, with nearly 50% of its capital already committed. Ares aims to support the transition to a low carbon economy, benefitting from strong investor interest from diverse global partners.

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Ares Management Corporation has achieved final closings for its Ares Senior Direct Lending Fund II (SDL II) and Ares Private Credit Solutions II (PCS II), collectively raising over $19 billion. SDL II, with equity commitments of approximately $8 billion, exceeded its $4.5 billion target and is more than 2.6x larger than its predecessor fund. These funds focus on providing senior secured loans to middle market companies in North America, with SDL II already committing over 30% of its capital across a diverse portfolio.

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Ares Management Corporation (NYSE: ARES) will have its CEO, Michael Arougheti, present at the Goldman Sachs US Financial Services Conference on December 8, 2021, at 8:40am ET. Investors can access the live audio webcast on Ares’ website, with a replay available shortly after the event.

As of September 30, 2021, Ares manages approximately $282 billion in assets with about 2,000 employees across global regions including North America, Europe, Asia Pacific, and the Middle East.

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FAQ

What is the current stock price of Ares Management Corporation (ARES)?

The current stock price of Ares Management Corporation (ARES) is $167.21 as of November 15, 2024.

What is the market cap of Ares Management Corporation (ARES)?

The market cap of Ares Management Corporation (ARES) is approximately 33.9B.

What is Ares Management Corporation?

Ares Management Corporation is a global alternative investment manager offering solutions across credit, private equity, real estate, and infrastructure.

What is the primary focus of Ares' Credit Group?

The Credit Group focuses on managing credit strategies across liquid and illiquid markets, including leveraged loans and private credit opportunities.

How many assets does Ares Management Corporation manage?

As of December 31, 2023, Ares manages approximately $428 billion in assets.

What are the key business segments of Ares?

Ares operates through four key segments: Credit Group, Private Equity Group, Real Assets Group, and Secondaries Group.

Can you provide examples of recent investments by Ares?

Recent investments include Aptean in enterprise software, Artivion in medical devices, and Vantage Data Centers in digital infrastructure.

How does Ares collaborate across its investment groups?

Ares collaborates across its investment groups to generate consistent and attractive returns, leveraging synergies for better performance.

What is the investment philosophy of Ares?

Ares follows a disciplined investment philosophy aimed at delivering strong risk-adjusted returns throughout market cycles.

How does Ares contribute to environmental sustainability?

Ares supports environmental sustainability through investments like Vantage Data Centers, which aims to achieve net zero carbon emissions by 2030.

Where can I find more information about Ares Management Corporation?

For more information, visit their official website at www.aresmgmt.com.

How does Ares support businesses and stakeholders?

Ares provides flexible capital to support businesses, aiming to create value for stakeholders and contribute to community development.

Ares Management Corporation

NYSE:ARES

ARES Rankings

ARES Stock Data

33.89B
198.39M
13.8%
83.18%
1.87%
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