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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 is set to report its second quarter earnings for the period ending June 30, 2021, on July 29, 2021, before the NYSE opens. A conference call to discuss these results will take place on the same day at 12:00 p.m. ET. Ares, a leading global alternative investment manager, has approximately $239 billion in assets under management as of March 31, 2021, bolstered by recent acquisitions of Landmark Partners and Black Creek Group. Interested parties can access the call and a replay via their website.
Ares Management Corporation (NYSE: ARES) has successfully completed the acquisition of Black Creek Group’s U.S. real estate investment advisory and distribution business. Black Creek, managing approximately $11.6 billion in assets, enhances Ares’ total assets under management to about $239 billion. The integration aims to leverage Black Creek's strengths in the industrial sector and retail distribution, enhancing Ares' capabilities and market presence. Key Black Creek leaders will remain to ensure a smooth transition and continuity of operations.
Ares Management Corporation (NYSE: ARES) has committed over $1 billion in investments within the sports, media, and entertainment sectors in the last six months. This strategy focuses on flexible capital solutions, utilizing debt and equity investments. Key transactions include minority stakes in Atlético de Madrid and Meadowlark Media, along with senior secured credit facilities for the San Diego Padres and Ottawa Senators. The firm anticipates continued demand for innovative capital solutions due to rising content needs in these sectors, partly accelerated by the COVID-19 pandemic.
Ares Management Corporation (NYSE: ARES) has priced an offering of $450 million in 4.125% Fixed-Rate Resettable Subordinated Notes due 2051. The notes, issued by Ares Finance Co. III LLC and guaranteed by multiple Ares entities, are intended to support general corporate purposes, including debt repayment and growth initiatives. Offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S, these notes are not registered under the Securities Act and cannot be sold in the U.S. without registration or exemption.
Ares Management Corporation (NYSE: ARES) announced its subsidiary, Ares Finance Co. III LLC, plans to offer fixed-rate resettable subordinated notes. These notes will be guaranteed by Ares Holdings L.P. and other subsidiaries. Proceeds from the offering will be utilized for general corporate purposes, including debt repayment and growth initiatives. The notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. The announcement includes forward-looking statements that are subject to various risks and uncertainties.
Apollo, Ares, and Oaktree have launched a $90 million initiative, AltFinance: Investing in Black Futures™, aimed at diversifying the alternative investment sector. This 10-year program targets students from Clark Atlanta University, Morehouse College, and Spelman College, providing mentorship, scholarships, and career pathways. The initiative includes a fellowship program, a virtual institute created in partnership with Wharton, and aims to remove financial barriers for students. Each firm will contribute $3 million annually to support this transformative effort.
Ares Management Corporation (NYSE: ARES) will have its CEO, Michael Arougheti, and CFO, Michael McFerran, present at the Morgan Stanley Virtual U.S. Financials, Payments & CRE Conference on June 15 at 2:45 PM EDT. A live audio webcast will be accessible on the company’s website, with a replay available afterward. Ares Management is a global alternative investment manager, with approximately $227 billion in assets under management as of March 31, 2021. The firm operates across various sectors, aiming to deliver attractive returns.
Ares Management Corporation (NYSE: ARES) announced the completion of its acquisition of Landmark Partners, LLC, a leading investor in secondary private fund ownership stakes within the alternative asset management sector. Landmark has over $19.6 billion in assets under management and a strong track record, sourcing more than 2,400 transactions since 1989. The acquisition enhances Ares' capabilities in the growing global secondaries market, creating a new investment group called Secondary Solutions, led by Co-Heads Francisco Borges and Timothy Haviland, aiming for increased product and fundraising opportunities.
Ares Management Corporation (NYSE: ARES) has agreed to acquire Black Creek Group's U.S. real estate investment advisory and distribution business. Black Creek, established in 1993, manages approximately $11.6 billion in assets and specializes in core/core-plus real estate strategies. This acquisition aims to enhance Ares' capabilities and product offerings while expanding its retail distribution platform. The transaction is projected to grow Ares' assets under management to about $29 billion and is expected to be accretive to earnings within the first year.
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