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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 (NYSE: ARES) announced the addition of industry veterans Sebastien Burdel and Luca Salvato as Partners in its Secondary Solutions Group. This strategic move expands Ares' capabilities in the secondary market, capitalizing on the growing demand for complex liquidity solutions. With a combined 30+ years of experience and over $150 million in assets under management from their previous firm, Spring Bridge Partners, the new partners aim to enhance Ares' global reach. The company currently manages approximately $282 billion in assets.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of $500 million in 2.875% notes due June 15, 2027. The notes may be redeemed at Ares Capital's option at par plus a make-whole premium. The offering is led by BofA Securities and J.P. Morgan, among others, and is expected to close on January 13, 2022. Ares Capital plans to use the net proceeds to repay outstanding indebtedness and for general corporate purposes, including investing in portfolio companies. Investors are urged to review the investment objectives and risks carefully before participating.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for the fourth quarter and fiscal year ended December 31, 2021, on February 9, 2022, before the market opens. A conference call is scheduled for 11:00 a.m. ET on the same day to discuss the results. Interested participants can join via telephone or a live webcast available on Ares Capital’s investor website. Ares Capital is a leading specialty finance company that provides loans to private middle-market companies, aiming for attractive income and capital appreciation for its investors.
Ares Management Corporation (NYSE: ARES) has appointed Eileen Naughton as an independent director on its Board, expanding the Board to 11 members. Naughton boasts over 30 years of corporate experience, including roles at Google, where she served as Chief People Officer. Ares believes her expertise in technology and global operations will enhance its strategic direction. Executive Chairman Tony Ressler and CEO Michael Arougheti expressed confidence in her ability to contribute to Ares' sustainable growth and commitment to stakeholder value.
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.
Ares Management Corporation (NYSE: ARES) has successfully acquired two portfolios comprising 75 industrial properties, totaling 11.9 million square feet, for approximately
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.
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.
Ares Management Corporation (NYSE: ARES) has successfully raised
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