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) announced the appointment of Jeffrey Hughes as Managing Director within the Ares Credit Group. With over 25 years of experience, Hughes will lead efforts in sourcing and managing privately placed investment-grade credit investments across various industries, including real estate and infrastructure. This move aims to enhance Ares Insurance Solutions' capabilities and contribute to the growth of its Aspida platform. Ares currently manages approximately $282 billion in assets as of September 30, 2021.
Ares Management Corporation (NYSE: ARES) will report its earnings for the fourth quarter and full year ended December 31, 2021, on February 11, 2022, before the NYSE opens. A conference call to discuss these results will take place at 12:00 p.m. ET the same day. Ares Management, a leading global alternative investment manager, manages approximately $282 billion in assets as of September 30, 2021. Interested parties can join via telephone or a live webcast, with an archived replay available until March 11, 2022.
Ares Management Corporation (NYSE: ARES) announced the addition of industry veterans Sebastien Burdel and Luca Salvato as Partners in its Secondary Solutions Group. This strategic move expands Ares' capabilities in the secondary market, capitalizing on the growing demand for complex liquidity solutions. With a combined 30+ years of experience and over $150 million in assets under management from their previous firm, Spring Bridge Partners, the new partners aim to enhance Ares' global reach. The company currently manages approximately $282 billion in assets.
Ares Capital Corporation (Nasdaq: ARCC) has announced a public offering of $500 million in 2.875% notes due June 15, 2027. The notes may be redeemed at Ares Capital's option at par plus a make-whole premium. The offering is led by BofA Securities and J.P. Morgan, among others, and is expected to close on January 13, 2022. Ares Capital plans to use the net proceeds to repay outstanding indebtedness and for general corporate purposes, including investing in portfolio companies. Investors are urged to review the investment objectives and risks carefully before participating.
Ares Capital Corporation (NASDAQ: ARCC) will report its earnings for the fourth quarter and fiscal year ended December 31, 2021, on February 9, 2022, before the market opens. A conference call is scheduled for 11:00 a.m. ET on the same day to discuss the results. Interested participants can join via telephone or a live webcast available on Ares Capital’s investor website. Ares Capital is a leading specialty finance company that provides loans to private middle-market companies, aiming for attractive income and capital appreciation for its investors.
Ares Management Corporation (NYSE: ARES) has appointed Eileen Naughton as an independent director on its Board, expanding the Board to 11 members. Naughton boasts over 30 years of corporate experience, including roles at Google, where she served as Chief People Officer. Ares believes her expertise in technology and global operations will enhance its strategic direction. Executive Chairman Tony Ressler and CEO Michael Arougheti expressed confidence in her ability to contribute to Ares' sustainable growth and commitment to stakeholder value.
Ares Management Corporation (NYSE: ARES) has announced a definitive agreement to acquire the AMP PrivateMarketsCo Infrastructure Debt platform for US$308 million, enhancing its infrastructure investment capabilities. This strategic acquisition adds approximately US$8 billion in assets under management, bringing Ares' total to over US$12 billion. The Infrastructure Debt team, led by Patrick Trears, has a strong track record with nearly 60 transactions totaling US$9 billion. The acquisition is expected to close in Q1 2022 and is projected to be immediately accretive to Ares' earnings.
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Ares Management Corporation (NYSE: ARES) has successfully acquired two portfolios comprising 75 industrial properties, totaling 11.9 million square feet, for approximately $1.7 billion. The acquisitions enhance Ares' position in high-demand markets, including Atlanta, Chicago, and Dallas, with around 80% of the assets located in infill areas. This strategic expansion aims to leverage increasing tenant demand and strong rental growth. Ares Real Estate Group manages approximately $37 billion in assets and focuses on expanding its industrial sector presence.
Harris Williams advised Convergint Technologies, backed by Ares Management Corporation (ARES), on an investment from Leonard Green & Partners and Harvest Partners. Convergint, a $1.8 billion global leader in systems integration, specializes in electronic security and fire safety. The addition of these investors is expected to enhance Convergint's resources and capabilities, supporting exceptional customer service and colleague development. Ares Management manages approximately $282 billion in assets, while Leonard Green has over $50 billion in assets under management.