Ares Management Corporation Stock Price, News & Analysis

ALT Finance Corporation has appointed Marcus Shaw as its new CEO, effective Sept. 13, 2021. Shaw, with over 20 years of experience in finance and non-profit sectors, will lead initiatives to enhance diversity in alternative investment. He will launch the AltFinance Fellowship program at four HBCUs to provide students with mentoring, scholarships, and career pathways in the investment field. Additionally, a virtual institute in collaboration with The Wharton School is set to launch in 2022, aiming to empower Black students in the finance industry.

Ares Capital Corporation (NASDAQ: ARCC) announced that CEO Kipp deVeer will present at the Barclays Virtual Global Financial Services Conference on September 14, 2021, at 11:15 am EDT. The presentation will be accessible via a live audio webcast on the company's website, with a replay available until September 14, 2022. Founded in 2004, Ares Capital specializes in direct loans to private middle-market companies in the U.S., focusing on high-quality borrowers. As of June 30, 2021, Ares Capital is the largest BDC by market capitalization.

Ares Management Corporation (NYSE: ARES) announced that its CEO, Michael Arougheti, will present at the Barclays Global Financial Services Conference on September 14, 2021, at 1:15 PM EDT. A live audio webcast will be accessible on the company’s website, with a replay available afterward. As of June 30, 2021, Ares managed approximately $262 billion in assets globally and operates with around 2,000 employees across multiple regions.

Ares Management Corporation (NYSE: ARES) has expanded its net lease and investment team by adding industry veterans John Case, Ben Fox, Joel Tomlinson, and Taejoon Chun. This move is aimed at leveraging the estimated $12 trillion net lease market in the U.S. and Europe. Ares has committed over $4 billion in net lease investments in the past year. The newly formed team will collaborate across Ares' existing platforms to manage net lease investments, acquire properties, and develop capital solutions.

Michael Garberding has been appointed as the Chief Financial Officer of EPIC Midstream Holdings, effective August 31, 2021. Reporting to Brian Freed, Garberding brings extensive experience across corporate strategy, business development, and finance.

Previously, he co-founded AABA Energy and served as CEO of Enlink Midstream, holding various high-level positions in the energy sector. EPIC focuses on midstream infrastructure, operating significant pipelines in key Texas basins and is backed by Ares Management Corporation (NYSE: ARES).

Sverica Capital Management announced the sale of Women’s Health USA (WHUSA) to Unified Women’s Healthcare, backed by Altas Partners and Ares Management Corporation. Sverica retains an equity stake in the combined entity. WHUSA has transitioned from a regional provider to a national leader in women’s health over four years under Sverica's ownership. This sale marks an important milestone in WHUSA's expansion strategy, leveraging the resources of Unified to enhance patient care and value-based services across seven states.

The merger between Unified Women’s Healthcare and Women’s Health USA (WHUSA) creates the largest physician practice management firm focused on women's health in the U.S. This strategic acquisition will enable Unified to offer comprehensive services to over 2,500 providers across approximately 900 locations in North America. Financial terms remain undisclosed, but the partnership aims to enhance healthcare delivery through innovative technology and value-based care. Leaders from both companies emphasize their commitment to improving patient outcomes and positioning themselves as industry frontrunners.