Ares Management

Ares Management Corp. is engaged in providing investment management and consultancy services. It operates through the following segments: Credit Group, Private Equity Group and Real Estate Group. The Credit Group segment offers credit strategies across the liquid and illiquid spectrum, including syndicated bank loans, high yield bonds, credit opportunities, special situations, asset-backed investments and U.S. and European direct lending. The Credit Group provides solutions for traditional fixed income investors seeking to access the syndicated bank loan and high yield bond markets and capitalize on opportunities across traded corporate credit. It additionally provides investors access to directly originated fixed and floating rate credit assets and the ability to capitalize on illiquidity premiums across the credit spectrum. The Private Equity Group segment manages shared control investments in corporate private equity funds. The Real Estate Group segment provides debt, mortgage loans, and equity capital to borrowers, property owners, and real estate developers. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ares Management reports robust Q4 performance and eyes growth opportunities

Ares Management's Q4 2022 earnings call highlighted strong performance, fundraising success, and growth opportunities across various investment strategies and regions.
Despite challenges in real estate valuations and margin expansion, the company's strengths in active credit deployment, energy transition investments, and wealth management flows position it well for future growth.
With a focus on aligning incentives, driving growth in Asia, and expanding secondaries business, Ares Management demonstrates resilience and strategic foresight in navigating market dynamics.

Ares Management reports robust growth and eyes market opportunities

Ares Management's Q1 2023 performance showcased strong growth in AUM, management fees, and positive fund performance. The company is strategically positioned to capitalize on market opportunities, with a focus on margin expansion and scaling acquired platforms. Challenges include uncertainties in investment income prediction and potential credit risks in certain sectors.

Ares Management excels in Q2 with strong returns and growth

Ares Management delivered strong financial performance in Q2 2023, driven by robust investment returns and fundraising achievements.
The company's strategic strengths lie in its diverse investment strategies, market positioning, and efforts in wealth management.
Challenges such as elevated rates and potential defaults require effective risk management strategies and adaptation.
Opportunities for growth include market dynamics, margin expansion, and capturing more market share in key segments.

Ares Management reports robust Q3 performance and eyes growth opportunities

Ares Management's Q3 earnings call highlighted strong financial performance, growth in commitments, and positive results across various investment strategies. The company's focus on fundraising, expansion in diverse regions, and strong deployment activity position it well for future growth. While facing challenges related to timing shifts and fund durations, Ares can leverage opportunities in the Alt Credit pipeline and private credit market for sustained success.

Ares Management reports record Q4 income and strong investor demand

Ares Management's Q4 2023 earnings call reflects a robust financial performance, strong investor demand, and strategic growth initiatives. With a solid foundation of over $110 billion in dry powder, the company is poised for continued success in deploying capital and expanding its presence in key markets. Despite challenges in market dynamics, Ares Management's diversified business model and proactive approach to risk management position it well for future growth.

Ares Management exceeds AUM goals, anticipates M&A growth opportunities

Ares Management reports robust performance with increased dividends and AUM exceeding projections. Strong fundraising momentum and growth potential across various business lines. Optimistic outlook on M&A activity and opportunities in key markets.

Ares Management reports record fundraising and strategic growth initiatives

Ares Management shows robust financial performance with strong dividend growth and investment activity.
The company capitalizes on real estate and digital infrastructure opportunities while expanding wealth management.
Challenges include managing costs and balancing profitability with sustainable growth strategies.
Opportunities lie in global expansion, distribution diversification, and maximizing origination profitability.

Ares Management's Q3 performance showcased strong growth in management fees, successful fundraising, and expansion in wealth management and real assets.
Despite challenges with comp ratios and tax structures, Ares' focus on scaling partnerships and product offerings positions them for future growth and earnings in 2025.
The company's emphasis on meeting investor demand, enhancing client experience, and diversifying its business mix highlights a strategic approach to long-term success.
Ares Management's financial performance and strategic initiatives present opportunities for growth through capital attraction, acquisitions, and market expansion.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ares Management Corp. engages in the provision of investment and consultancy services. It operates through the following segments: Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment includes the management of strategies across the liquid and illiquid spectrum, direct lending, and Asia-Pacific. The Private Equity Group segment involves the categorization of investment strategies as corporate, special opportunities, and Asia-Pacific. The Real Assets Group segment focuses on equity and debt strategies across infrastructure investments. The Secondaries Group segment consists of investment in secondary markets, alternative asset class strategies, private equity, real estate, infrastructure, and credit. The company was founded by Michael J. Arougheti, David B. Kaplan, John H. Kissick, Antony P. Ressler, and Bennett Rosenthal in 1997 and is headquartered in Los Angeles, CA.

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2023. GAAP net income attributable to Ares Management Corporation was $144.5 million for the quarter ended June 30, 2023. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.75 for the quarter ended June 30, 2023. On a diluted basis, net income attributable to Ares Management Cor.

Ares Management Corporation Reports Second Quarter 2023 Results

Ares Management (ARES) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Ares Management (ARES) Ahead of Earnings?

MENASHA, Wis.--(BUSINESS WIRE)--Dynamic Renewables (“Dynamic” or the “Company”), a full-service developer, owner and operator of waste management and anaerobic digestion renewable fuel projects across the U.S., announced today that a fund managed by Ares Management's Infrastructure Opportunities strategy (“Ares”) has made a strategic investment to acquire the Company. In addition, an unregulated affiliate of NorthWestern Energy (“NorthWestern”) has acquired a small minority stake in the Company.

Dynamic Renewables Receives Strategic Investment from Ares Management

Ares Management (ARES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ares Management (ARES) Reports Next Week: Wall Street Expects Earnings Growth

NEW YORK & SINGAPORE--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that Ares has entered into a definitive agreement to acquire 100% of Crescent Point Capital (“CPC”), a leading Asia-focused private equity firm with approximately $3.8 billion of assets under management, as of March 31, 2023. Founded in 2003, CPC has approximately 50 professionals. The team is headquartered in Singapore and has a presence in China, Indonesia, the Philippines and Vietnam. CPC.

Ares Management Corporation to Acquire Crescent Point Capital

Ally Financial

Bank of America

Citigroup

Cadence Bank

Citizens Financial Group

Comerica

Capital One

First Citizens BancShares

First Horizon National

Fifth Third Bancorp

F.N.B. Corp.

Goldman Sachs

JPMorgan Chase & Co

KeyCorp

Morgan Stanley

PacWest Bancorp

PNC Financial Services

Pinnacle Financial Partners

Charles Schwab

Synovus Financial

South State

Truist Financial

U.S. Bancorp

Earnings season for the largest U.S. banks will begin on Friday, July 14, when JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. announce their second-quarter results. Rounding out the “big six” industry group, Bank of America Corp., Goldman Sachs Group Inc. and Morgan Stanley are all scheduled to report on July 18.

These 20 banks have had the largest cuts to earnings estimates

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the second quarter ending June 30, 2023 on Tuesday, August 1, 2023 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 12:00 p.m. (Eastern Time) to discuss its second quarter ending June 30, 2023 financial results. All interested parties are invited to participate via telephone or the live webcast, which wil.

Ares Management Corporation Schedules Earnings Release and Conference Call for the Second Quarter Ending June 30, 2023

PacWest Bancorp has entered into an agreement to sell a large portion of their Lender Finance portfolio to Ares Management Corporation to boost liquidity and pay down debt, following a significant drop in their share price due to the banking sector's uncertainty. The agreement includes selling off loans with aggregate commitment amounts totaling $3.54 billion, which will help PacWest Bancorp improve its financial condition, particularly by reducing its high-interest borrowings that have been impacting its bottom line. The transaction also benefits Ares Management by providing a significant increase in the company's exposure to alternative credit activities, which it has identified as a high-value target and a significant growth area for individual investors in the private wealth area over the next several years.

A Home Run For PacWest Bancorp And Ares Management

PacWest Bancorp (NASDAQ: PACW) is in focus this morning after Ares Management Corp agreed to buy its specialty finance portfolio. What's in it for Ares Management?

PacWest sells lender-finance loan portfolio to Ares Management

PacWest Bancorp PACW, +0.56% said Monday it agreed to sell a lender finance loan portfolio to Ares Management Corp. ARES, -2.37% in a deal expected to provide $2 billion before transaction costs for the bank. Additional tranches to generate more cash are currently expected to close in “future periods” as unfunded commitments are disbursed and then sold, PacWest said.

PacWest sells loan portfolio to Ares Management in deal that generates $2 bln ‘to improve liquidity'

Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from PacWest Bancorp.

Ares acquires $3.5 bln loan portfolio from PacWest

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that certain funds managed by its Alternative Credit strategy (“Alternative Credit”) have completed the acquisition of a $3.5 billion specialty finance loan portfolio (the “Portfolio”) from PacWest Bancorp (Nasdaq: PACW). The Portfolio consists of high quality, senior secured, asset-backed loans with commitments of approximately $3.5 billion. The Portfol.

Ares Management Acquires $3.5 Billion Lender Finance Portfolio from Pacific Western Bank

Ares Management Corporation is a global alternative asset manager. AUM growth has been fantastic, propelling revenue growth at a CAGR of 23%. Our expectation is for this to continue, as further capital is allocated to private markets in the coming years. As this occurs, margins will also improve (Current EBITDA-M of 34%).

Ares Management: Supercharged Growth In Private Markets

NEW YORK--(BUSINESS WIRE)--Extreme Reach, Inc. (“Extreme Reach,” “ER” or the “Company”) today announced that a fund managed by Ares Management's Private Equity Group has agreed to make a significant strategic investment in Extreme Reach, in partnership with the Company's management team and affiliates of Gamut Capital Management, L.P. (“Gamut”), its existing majority owner. Extreme Reach, a leader in creative logistics, with strong client relationships that include 93 of the top 100 global adve.

Extreme Reach Receives Investment from Ares Management

Ares Management Corporation has been the best-performing private asset manager (private equity/private credit) this year, with its stock returning 34.9% return YTD - well beyond any of its peers. Ares relative fundamentals undergird this recent performance, with a good growth profile, profitability, and return metrics. It is also a company with a distinguished competency in private credit investment, something that appears opportune in the current high-rate context.

Ares Management: Credit Competency Makes It A Sector Standout

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Bernstein 39th Annual Strategic Decisions Conference on Wednesday, May 31, 2023 at 2:30pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on the Company's.

Ares Management Corporation to Present at the Bernstein 39th Annual Strategic Decisions Conference

Ares has achieved 20%+ annual returns historically and in recent years. At this point, Ares is trading on par with other alt managers but may grow faster.

Ares Management: Amazing Returns Of The Past Are Likely To Persist In The Near Future

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”) announced today that funds managed by its U.S. Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet (the “Company”) as part of the acquisition by Bain Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) and the Merchants executive team. BNP Paribas served as financing.

Ares Management Serves as Lead Arranger and Junior Agent for $3 Billion in Financing to Support the Acquisition of Merchants Fleet by Bain Capital, ADIA and the Merchants Executive Team

Ares Management Corporation (NYSE:ARES ) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants Carl Drake - Head, Public Markets, IR Michael Arougheti - CEO Jarrod Phillips - CFO Bill Benjamin - Global Head, Real Estate Conference Call Participants Craig Siegenthaler - Bank of America Adam Beatty - UBS Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Brian Mckenna - JMP Securities Benjamin Budish - Barclays Kenneth Lee - RBC Capital Markets Mike Brown - KBW Rufus Hone - BMO Capital Carl Drake Good morning, and thank you for joining us today for our First Quarter Conference Call. I'm joined today by Michael Arougheti, our Chief Executive Officer; and Jarrod Phillips, our Chief Financial Officer.

Ares Management Corporation (ARES) Q1 2023 Earnings Call Transcript

Ares Management (ARES) came out with quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.65 per share a year ago.

Ares Management (ARES) Q1 Earnings and Revenues Lag Estimates

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $2.1 billion in U.S. direct lending commitments across 35 transactions during the first quarter of 2023 and approximately $23.5 billion in U.S. direct lending commitments across 189 transactions in the last twelve-month period ended March 31, 2023. Below is a description of selected transactions that Ares closed during the first quarter. Banyan.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity for the First Quarter and Last Twelve Months 2023

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2023. GAAP net income attributable to Ares Management Corporation was $94.0 million for the quarter ended March 31, 2023. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.49 for the quarter ended March 31, 2023. After-tax realized income was $232.0 million for the.

Ares Management Corporation Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the launch of Ares Strategic Income Fund (“ASIF” or the “Fund”), a perpetual capital, continuously offered, non-traded business development company, which seeks to primarily invest in directly originated, senior secured, floating-rate loans to U.S. middle-market companies. The Fund has launched with approximately $1.5 billion in initial investible capita.

Ares Strategic Income Fund Launches with $1.5 Billion of Investible Capital

Ares Management (ARES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Ares Management (ARES) is Poised to Beat Earnings Estimates Again

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation announced today that it will report earnings for the first quarter ending March 31, 2023 on Friday, April 28, 2023 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. (Eastern Time) to discuss its first quarter ending March 31, 2023 financial results.

News for Ares Management Stock (ARES)