Company
Ares Management Corporation
Headquarters: Los Angeles, CA, United States
Founded: 1997
Employees: 2,100
CEO: Mr. Michael J. Arougheti
Market Cap
$43.24 Billion
USD as of July 1, 2024
Ares Management Corporation Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
Top Competitors by Market Capitalization
Industry: Asset Management
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Sector:
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| Berkshire Hathaway | $887.16 B |
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Detailed Description
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. The company's Tradable Credit Group segment manages various types of investment funds, such as commingled and separately managed accounts for institutional investors, and publicly traded vehicles and sub-advised funds for retail investors in the tradable and non-investment grade corporate credit markets. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.
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Stocks & Indices
Ares Management Corporation has the following listings and related stock indices.
Stock: NYSE: ARES wb_incandescent
Stock: FSX: 0QN wb_incandescent
Product & Services
private capital management
Key People
Founder(s): Antony Ressler, John Kissick, Michael Arougheti, David Kaplan, and Bennett Rosenthal
Financials
Revenue: US$1.765 billion (2020)
Operating income: US$302.6 million (2020)
Net income: US$148.8 million (2020)
Total assets: US$12.014 billion (2020)
Total equity: US$768.2 million (2020)