Ares Management Corporation Stock Price, News & Analysis

Ares Management Corporation (NYSE: ARES) announced the final closing of its Ares U.S. Real Estate Fund X, L.P. on September 30, 2022. The fund surpassed its $1.5 billion target, reaching $1.8 billion in commitments, making it 75% larger than its predecessor fund. Ares highlights strong investor support and plans to leverage its experience to capitalize on new investment opportunities in durable sectors. The fund aims for a diverse portfolio focused on generating current income and enhancing property values through disciplined investment strategies.

Ares Capital Corporation (NASDAQ: ARCC) will report its third quarter earnings for the period ending September 30, 2022 on October 25, 2022, before the market opens. A conference call is scheduled for 10:00 a.m. (ET) on the same day to discuss the results. Investors can access the call via telephone or through a live webcast on Ares Capital's website. The company, which focuses on private middle-market lending, is the largest publicly traded BDC by market capitalization.

Ares Management Corporation (NYSE: ARES) will report its third-quarter earnings for the period ending September 30, 2022, on Thursday, October 27, 2022, before the stock market opens. A webcast and conference call will follow at 10:00 a.m. Eastern Time to discuss the financial results. As of June 30, 2022, Ares had approximately $334 billion in assets under management and operates across multiple regions, including North America, Europe, Asia Pacific, and the Middle East.

Monolith Brands has successfully raised approximately $50 million in equity and $180 million in debt capacity during its Series A funding round. The funding, led by Hayfin and Ares Management Credit Funds, aims to enhance Monolith's portfolio of established brands in the consumer products sector, focusing initially on Pet and Baby & Toddler categories. Monolith's strategy emphasizes mature brand acquisition, sector-specific focus, omnichannel presence, and long-term partnerships to drive sustainable growth. The company seeks to unlock new opportunities for its brands and grow revenue effectively.

Ares Management has partnered with CAIS to enhance the distribution of its alternative investment strategies, catering to independent broker-dealers and registered investment advisors. This collaboration aims to create custom investment solutions and leverage CAIS’ data-rich dashboard, benefiting from insights across over 6,600 advisory firms. The partnership also includes educational resources through CAIS IQ to facilitate advisor understanding of alternative investments. Ares will participate in the CAIS Alternative Investment Summit from October 17-19 in Los Angeles, CA.

Ares Management Corporation (NYSE: ARES) has successfully raised $3.7 billion for its inaugural Ares Sports, Media and Entertainment Fund (SME), exceeding its initial target of $1.5 billion. The fund includes nearly $2.2 billion in equity commitments and has already allocated approximately $1 billion across 19 portfolio companies, including investments in Atlético de Madrid, San Diego Padres, McLaren Racing, and Inter Miami CF. An industry-leading advisory board, composed of prominent sports and entertainment figures, supports the fund's strategy.

Ares Management Corporation (NYSE: ARES) announced that CEO Michael Arougheti will present at the Barclays Global Financial Services Conference on September 13, 2022, at 12:00 PM ET. The live audio webcast can be accessed via the Investor Resources section of the company's website. A replay will be available shortly after the event. As of June 30, 2022, Ares Management oversees approximately $334 billion in assets across various sectors including credit, private equity, and real estate, with over 2,300 employees globally.

Ares Wealth Management Solutions (AWMS) and iCapital are expanding their partnership to offer financial advisors enhanced access to alternative investment solutions. This collaboration will leverage iCapital’s technology to create an Ares-branded platform for distribution and client management. AWMS, with approximately 110 professionals, aims to improve access to various investment offerings, including credit, private equity, and real estate. The partnership is designed to better serve high-net-worth clients and strengthen their portfolios by providing institutional-quality products.