News & Videos - ARES MANAGEMENT

NEW YORK, NY / ACCESSWIRE / April 3, 2024 / Ares Management Corporation (NYSE:ARES) announced today that it will report earnings for the first quarter ending March 31, 2024 on Thursday, May 2, 2024 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, 2024 financial results. All interested parties are invited to participate via telephone or...

Bluepeak Receives Strategic Investment from Ares Management PR Newswire DENVER, Feb. 29, 2024 Ares Joins Existing Investor GI Data Infrastructure to Help Accelerate Bluepeak's Fiber-to-the-Home Expansion DENVER , Feb. 29, 2024 /PRNewswire/ -- Bluepeak (the "Company"), a leading provider of fiber broadband to residential and commercial customers in communities across the Great Plains region, today announced that funds managed by Ares Management's Infrastructure Opportunities and Alternative...

NEW YORK, NY / ACCESSWIRE / February 15, 2024 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities Banking and Financials Conference on Thursday, February 22, 2024, at 10:30am ET. A live audio webcast of the presentation will be available at www.ares-ir.com under News, Events & Presentations. For those unable to listen to the live audio webcast, a replay will be available on the Company's...

Approximately $10.1 Billion in New Commitments Closed in the Fourth Quarter and Approximately $22.4 Billion closed in the Year Ended December 31, 2023 NEW YORK, NY / ACCESSWIRE / February 8, 2024 / Ares Management Corporation announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $10.1 billion in U.S. direct lending commitments across 78 transactions during the fourth quarter of 2023 and approximately $22.4 billion in direct lending commitments across...

NEW YORK, NY / ACCESSWIRE / January 8, 2024 / Ares Management Corporation announced today that it will report earnings for the fourth quarter and full year ending December 31, 2023 on Thursday, February 8, 2024 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 fourth quarter and full year ending December 31, 2023 financial results. All interested parties are invited to...

NEW YORK, NY / ACCESSWIRE / November 21, 2023 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023, at 1:00pm 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...

Ares Management Corporation Ares Management Corporation to Present at the BofA Securities 28th Annual Financials CEO Conference 18-Sep-2023 / 09:00 PST/PDT The issuer is solely responsible for the content of this announcement. New York – September 18 , 2023 - Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities 28th Annual Financials CEO Conference on Thursday, September 21, 2023 at 6:30am...

NEW YORK, NY / ACCESSWIRE / September 18, 2023 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the BofA Securities 28th Annual Financials CEO Conference on Thursday, September 21, 2023 at 6:30am ET/11:30am BST. 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...

Virgin Voyages Announces $550 Million in Funding Led by Ares Management to Further Accelerate Growth PR Newswire MIAMI, Sept. 8, 2023 Founding CEO Tom McAlpin to retire as CEO and transition to Chairman of the Board of Directors. President and CXO Nirmal Saverimuttu named CEO. MIAMI , Sept. 8, 2023 /PRNewswire/ -- Virgin Voyages (the "Company"), the multi, award-winning cruise brand from Richard Branson's Virgin Group, today announced it has closed on a $550 million capital raise to accelerate...

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $4.1 billion in U.S. direct lending commitments across 51 transactions during the second quarter of 2023 and approximately $20.2 billion in direct lending commitments across 181 transactions in the last twelve-month period ended June 30, 2023. Below is a description of selected transactions that Ares closed during the second quarter. Apex Service Partners / Alpine...

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 Corporation per share of Class...

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. The...

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 pursues a private equity...

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 will be hosted on a webcast...

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 Portfolio, which was...

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 website shortly after...

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 advisor and...

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 Software Ares served as...

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 quarter ended March 31,...

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 capital, including...