Welcome to our dedicated page for Ares Management Corporation news (Ticker: ARES), a resource for investors and traders seeking the latest updates and insights on Ares Management Corporation stock.
Ares Management Corporation (NYSE: ARES) regularly features in financial and corporate news as a global alternative investment manager active across credit, real estate, private equity and infrastructure. Its press releases and related announcements highlight fundraising activity, new strategies, portfolio company developments and partnerships that reflect how Ares deploys capital and expands its platform.
Recent news includes the closing of a large capital raise for the Ares Credit Secondaries strategy, which the company describes as focused on constructing diversified portfolios of private credit exposures through secondary transactions. Other items showcase Ares Infrastructure Opportunities funds partnering with ENGIE North America on U.S. solar and wind assets, and Ares Real Assets funds completing data center transactions in Northern Virginia through the Ares Digital Infrastructure business and its Ada Infrastructure platform.
Additional coverage shows Ares-affiliated funds supporting portfolio companies and platforms in sectors such as tax services, industrial automation, veterinary services and equipment finance. Examples include Ares Private Equity Funds participating as long-term partners in Ryan, LLC and Automated Industrial Robotics Inc., and Ares Alternative Credit funds being affiliated with Ansley Park Capital, an equipment finance platform. These stories illustrate how Ares’ investment strategies translate into transactions and corporate milestones across different industries.
This news page aggregates such updates for ARES, including earnings announcements, capital markets activity, fund launches, partnerships and portfolio-level developments mentioned in company communications. Investors and observers can use this feed to follow how Ares Management Corporation describes the evolution of its alternative investment platform and the activities of its related funds and portfolio companies over time.
Ares Management Corporation (NYSE: ARES) has acquired Capital Automotive LLC (CARS) from a Brookfield private real estate fund for
Ares Management Corporation (NYSE: ARES) announced that CEO Michael Arougheti will present at the Credit Suisse 23rd Annual Financial Services Forum on Friday, February 18, 2022, at 9:40 am EST. A live audio webcast will be available on the Company’s website, with a replay accessible shortly after the event. Ares Management is a global alternative investment manager with approximately $306 billion in assets under management as of December 31, 2021, employing around 2,100 people worldwide.
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Ares Management Corporation (NYSE: ARES) reported a remarkable increase in new financing commitments, totaling approximately
Ares Management Corporation (NYSE:ARES) reported strong financial results for Q4 and FY 2021, with a GAAP net income of $124.1 million for the quarter and $408.8 million for the year. After-tax realized income was $291.1 million and $803.7 million, respectively. The company achieved record assets under management (AUM) exceeding $300 billion, marking a 55% growth, driven by organic fundraising of $25 billion in Q4 and about $77 billion for the year. A quarterly dividend of $0.61 per share was declared, payable on March 31, 2022.
Ares Management Corporation has completed the acquisition of AMP Capital's Infrastructure Debt platform, adding approximately
Led by Patrick Trears, the new team will enhance Ares’ capabilities in the growing infrastructure sector, leveraging Ares' global platform and experience. The acquired platform will be reported under the new Ares Real Assets Group segment starting March 31, 2022.
Ares Management Corporation (NYSE: ARES) has partnered with First Generation Investors (FGI), a nonprofit focused on financial literacy for underserved high school students. This collaboration will support FGI chapters at premier universities, including Boston College and MIT. The initiative aims to provide students with investment accounts and real funds to enhance their financial education. Ares' involvement highlights its commitment to reduce wealth disparities and promote inclusion in the investment economy, aligning with its philanthropic goals.
Ares Capital Corporation (NASDAQ: ARCC) has declared a first quarter dividend of $0.42 per share, payable on March 31, 2022, to stockholders of record by March 15, 2022. Additionally, it announced a total of $0.12 in extra dividends for 2022, distributed quarterly. For Q4 2021, Ares Capital recorded a core EPS of $0.58, GAAP net income per share of $0.83, and total assets of $20.84 billion. The company also reported increased portfolio investments, reaching $20.01 billion at fair value. Strong credit quality positions Ares Capital favorably for future growth.
Ares Capital Corporation (NASDAQ:ARCC) announced the tax treatment of its 2021 common stock distributions. The total paid per share is $1.6200, with ordinary income at $1.5737 (97.142% of total dividends) and interest-related dividends designated. No portion qualifies as capital gain dividends. Record dates for distributions were on 3/15, 6/15, 9/15, and 12/15 of 2021, with payable dates following shortly. Investors are advised to consult tax advisors for specific guidance.
Westmount Realty Capital has partnered with a fund managed by Ares Management Corporation to recapitalize a significant 51-asset industrial portfolio covering 6.1 million square feet in Chicago and Milwaukee. Acquired from a joint venture with Partners Group, the portfolio boasts a 98.8% lease rate to 123 tenants. Key attributes include strategic locations near O’Hare International Airport, strong demand, and limited new supply, which are expected to elevate occupancies and rental growth in the coming years.