Ares Management Corporation Stock Price, News & Analysis

Ares Management Corporation has appointed Henry Lee as the Head of Ares Wealth Management Solutions in Asia. Lee, a former HSBC executive with over 17 years of experience in private banking and investment management, will focus on retail product development and strategic partnerships across the region. Ares aims to enhance access to its investment strategies, targeting growing retail opportunities in Asia. Ares Wealth Management Solutions employs approximately 105 professionals and is positioned to leverage Ares' extensive resources in providing innovative investment solutions.

Ares Management Corporation (NYSE: ARES) appointed Henry Lee as the Head of Ares Wealth Management Solutions (AWMS) for Asia, enhancing retail product development and distribution. Lee, with over 17 years in investment management and a significant history at HSBC, will focus on strategic partnerships with financial intermediaries. This move aligns with Ares' commitment to expand access to its investment strategies for individual investors in the Asia region. Ares currently manages approximately $325 billion in assets.

Ares Management Corporation (NYSE: ARES) announced that CFO Jarrod Phillips will present at the Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 14, 2022, at 2:30 PM ET. A live audio webcast of the presentation will be accessible in the Investor Resources section of the company’s website, with a replay available shortly after the event. As of March 31, 2022, Ares Management had approximately $325 billion in assets under management, and operates globally with over 2,100 employees.

Ares Management Corporation (NYSE: ARES) announced that CEO Michael Arougheti will speak at the Bernstein 38th Annual Strategic Decisions Conference on Thursday, June 2, 2022, at 2:30 PM ET. Investors can access a live audio webcast of the presentation on the company's website, with a replay available afterward. Ares Management, a global alternative investment manager, manages approximately $325 billion in assets as of March 31, 2022, and operates across North America, Europe, Asia Pacific, and the Middle East.

CION Investments announced a record raise of $390 million for the CION Ares Diversified Credit Fund (CADC) in Q1, boosting total managed assets to $3.1 billion. Co-CEO Michael A. Reisner attributed this success to the Fund’s floating rate strategy and investor demand for credit alternatives. The CADC employs a dynamic asset allocation framework targeting superior risk-adjusted returns across market cycles. CION aims to provide individual investors accessible alternative credit investments without high minimums or long lock-up periods.

Ares Management Corporation (NYSE: ARES) reported a successful first quarter in 2022, closing approximately $5.0 billion in U.S. direct lending commitments across 54 transactions. This marks a significant increase compared to $3.6 billion in the same period last year. Over the last twelve months, Ares closed around $35 billion across 287 transactions. Notable deals included financing for companies like New Mountain Capital and Catterton Partners. Ares continues to manage approximately $325 billion in assets globally.