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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.
The merger between Unified Women’s Healthcare and Women’s Health USA (WHUSA) creates the largest physician practice management firm focused on women's health in the U.S. This strategic acquisition will enable Unified to offer comprehensive services to over 2,500 providers across approximately 900 locations in North America. Financial terms remain undisclosed, but the partnership aims to enhance healthcare delivery through innovative technology and value-based care. Leaders from both companies emphasize their commitment to improving patient outcomes and positioning themselves as industry frontrunners.
Ares Management Corporation (NYSE: ARES) will host an Investor Day on August 12, 2021, via live video stream. The event will feature updates from Ares’ senior leadership on the firm’s businesses, growth strategy, and future outlook. Presentations begin at 8:00 a.m. (Eastern Time), followed by a Q&A session. Interested parties can register at www.ares-ir.com. A replay and presentation slides will be available for those unable to attend the live stream.
Ares Management is a global alternative investment manager with approximately $262 billion in assets under management as of June 30, 2021.
Ares Management Corporation (NYSE: ARES) reported significant financing commitments in its U.S. direct lending strategies. In Q2 2021, Ares closed approximately $9.0 billion across 77 transactions, a substantial increase from $1.7 billion in Q2 2020. Over the past year, total commitments reached $21.8 billion across 221 transactions, compared to $12.3 billion in the prior year. Key transactions included financing for companies like DecoPac and Global Healthcare Exchange, enhancing Ares's role as a leading alternative investment manager with over $262 billion in assets under management as of June 30, 2021.
Ares SSG has announced the final close of its third Secured Lending Opportunities Fund III (SLO III), achieving over $1.6 billion in capital commitments, marking it as the largest pan-Asian secured lending fund to date. This represents a 100% increase compared to the previous fund, SLO II, which closed at over $800 million in 2017. The fund has already deployed approximately 27% of its capital and aims to provide flexible secured loans to promising businesses across the Asia-Pacific region. Ares SSG boasts a strong confidence from international investors, including sovereign wealth and pension funds.
Ares Management Corporation (NYSE: ARES) reported its Q2 2021 financial results, showcasing a GAAP net income of $141.6 million, equating to $0.70 per share. After-tax realized income reached $192.1 million, with a fee-related earnings of $146.9 million. The company raised over $20 billion in capital, pushing its assets under management to a record $248 billion, up 56% year-over-year. A quarterly dividend of $0.47 per share was declared, payable on September 30, 2021.
Aspida Life Re Ltd., a subsidiary of Aspida Holdings Ltd. and backed by Ares Management Corporation, has appointed Jon Steffen as President. With a decade of experience in Bermuda life reinsurance, Steffen aims to enhance Aspida Re's capital and risk management solutions. Previously, he served as the Approved Actuary for Athene Life Re Ltd. Aspida Re, established in December 2020, focuses on providing tailored risk management solutions for insurance clients to optimize their balance sheets and support growth.
Aspida Holdings Ltd., an indirect subsidiary of Ares Management Corporation (NYSE: ARES), has completed the acquisition of Global Bankers Insurance Group, rebranding it as Aspida Financial Services, LLC. This strategic acquisition brings over 100 insurance professionals and a robust technology platform aimed at expanding Aspida's retirement-focused operations in the U.S. Additionally, Aspida plans to acquire a nationwide life insurance company, enhancing its product offerings that are expected to launch in 2022. Aspida currently manages approximately $2.3 billion in assets.
Resource Label Group has successfully merged with funds managed by Ares Management Corporation, enhancing its capabilities in the packaging industry. CEO Mike Apperson highlighted the merger as a pivotal moment for growth, supported by Ares' resources and expertise. Resource Label operates nineteen manufacturing sites across North America and recently completed its 19th acquisition. Ares expresses confidence in Resource Label's growth potential due to its strong management team and diversified offerings. Financial details of the merger were not disclosed.
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