STOCK TITAN

Ares Management Corp - ARES STOCK NEWS

Welcome to our dedicated news page for Ares Management (Ticker: ARES), a resource for investors and traders seeking the latest updates and insights on Ares Management.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ares Management's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ares Management's position in the market.

Rhea-AI Summary
EPIC Y-Grade, LP successfully completes a $1,075 million senior secured Term Loan B issuance, using the proceeds to repay existing loans and expand credit facility. Moody's and S&P reaffirm ratings, acknowledging positive impact of refinancing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Summary
Ares Management (ARES) will report Q1 earnings on May 2, 2024. The webcast/conference call at 11:00 a.m. ET will discuss financial results. Interested parties can participate via telephone or live webcast. Archived replay available until June 2, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
-
News
Rhea-AI Summary
KBS, a facility services provider, receives a recapitalization from KKR, Ares Management, and Blackrock. The investment aims to enhance go-to market capabilities and service delivery. The Company offers technology-enabled facility management services across various sectors in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
Rhea-AI Summary
Ares Management Corporation forms Ansley Park Capital to provide customized financing for large-ticket equipment, acquiring BciCapital's management team. Ansley Park offers flexible capital solutions from $5 million to over $100 million in various industries. Ares Alternative Credit commits $400 million for originations expected to exceed $3 billion. Led by seasoned executives with extensive industry experience, Ansley Park aims to support U.S. economy financing needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
Rhea-AI Summary
Valta Energy and Black Bear Energy complete a 1.7 MW rooftop solar array on a warehouse property owned by Ares Management in Torrance, CA. The project, part of the LADWP FiT program, will provide renewable electricity to the local grid, producing 2,963,023 kWh annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
none
-
Rhea-AI Summary
Ares Management's Infrastructure Opportunities and Alternative Credit strategies invest in Bluepeak to accelerate fiber-to-the-home expansion. Bluepeak, acquired by GI Data Infrastructure in 2021, has expanded its regional footprint and constructed a fiber network to over 140,000 new homes. The investment from Ares aims to further accelerate Bluepeak's growth plans across the Great Plains region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
none
Rhea-AI Summary
Ares Management Corporation (ARES) announced the integration of its Special Opportunities strategy into the Credit Group, forming the Opportunistic Credit team. This move aims to enhance collaboration, leverage the firm's global Credit platform, and provide flexible debt and equity solutions to companies. Co-Heads Aaron Rosen and Craig Snyder will lead the team, focusing on creative financing for middle market companies. The strategy's integration is expected to optimize origination capabilities, sponsor relationships, and underwriting practices. As of December 31, 2023, the Ares Credit Group managed approximately $300 billion in assets with 490 investment professionals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
none
-
Rhea-AI Summary
Ares Management Corporation's CEO, Michael Arougheti, will present at the BofA Securities Banking and Financials Conference on February 22, 2024. The presentation will be available via live audio webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
conferences
-
Rhea-AI Summary
Interstate Waste Services, Inc. announces the acquisition of Oak Ridge Waste & Recycling to expand its waste collection and recycling services in the tristate area. The acquisition follows IWS's subsidiary, Action Environmental, being selected as an authorized waste hauler in NYC, positioning IWS for significant growth. The deal is expected to close by Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
Rhea-AI Summary
Ares Management Corporation announced that funds managed by its Credit Group closed approximately $10.1 billion in U.S. direct lending commitments in the fourth quarter of 2023 and approximately $22.4 billion in direct lending commitments in the year ended December 31, 2023. The company served as the administrative agent, lead arranger, and bookrunner for various senior secured credit facilities to support acquisitions and continued growth plans of multiple companies across different sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.2%
Tags
none
Ares Management Corp

NYSE:ARES

ARES Rankings

ARES Stock Data

41.76B
188.54M
16.71%
77.97%
1.37%
Investment Advice
Finance and Insurance
Link
US
Los Angeles

About ARES

ares management, l.p. is a publicly traded, leading global alternative asset manager with approximately $106 billion of assets under management,* and more than 15 offices in the united states, europe, asia and australia.* since its inception in 1997, ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. ares believes each of its distinct but complementary investment groups in credit, private equity and real estate is a market leader based on assets under management and investment performance. ares was built upon the fundamental principle that each group benefits from being part of the greater whole. for more information, please visit www.aresmgmt.com. * as of december 31, 2017, aum amounts include funds managed by ivy hill asset management, l.p., a wholly owned portfolio company of ares capital corporation and a registered investment adviser.