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), a global leader in alternative asset management, provides investors with timely updates through this centralized news hub. Track official announcements, strategic developments, and market-moving insights across the company's credit, private equity, and real estate investment activities.
This resource delivers essential information for monitoring ARES' operational milestones, including earnings reports, fundraising initiatives, and strategic partnerships. Users gain access to verified updates on regulatory filings, leadership changes, and portfolio company developments within the $325+ billion asset manager's ecosystem.
Key coverage areas include innovations in credit strategies, real asset acquisitions, and global market expansions. The curated news feed supports informed analysis of ARES' performance across its integrated investment groups while maintaining strict adherence to factual reporting standards.
Bookmark this page for streamlined access to Ares Management's evolving narrative. Combine these updates with fundamental analysis tools to assess the company's position in alternative investment markets.
Ares Management Corporation (NYSE:ARES) announced the final closing of its EPEP III Fund, achieving €1.5 billion in commitments, surpassing its €1.0 billion target. This fund is more than double the size of its 2016 predecessor. EPEP III employs a value-add strategy, focusing on institutional-quality, income-producing assets across Europe’s largest markets, with over 30% of its capital already deployed, primarily in logistics and residential sectors. The fund attracted diverse investors globally, strengthening Ares' competitive position in the real estate market.
Ares Management Corporation (NYSE:ARES) will report its third-quarter earnings for the period ending September 30, 2021, on October 27, 2021, before the New York Stock Exchange opens. The company will host a webcast and conference call at 12:00 p.m. ET the same day to discuss the financial results. Ares Management, a leading global alternative investment manager, manages approximately $262 billion in assets as of June 30, 2021, following the acquisition of Black Creek Group on July 1, 2021. Interested parties can join via telephone or a live webcast from the company's website.
JBG SMITH (NYSE: JBGS) announced the sale of 500 L’Enfant Plaza for $167 million, part of its strategy to focus on multifamily assets. The property, which is 215,000 square feet and 96% leased, helps JBG SMITH achieve over $92 million in dispositions in 2021. Proceeds will be used to reduce debt and create investment capacity in multifamily opportunities. The sale aligns with JBG SMITH's goal to divest non-core office assets as the market recovers from COVID-19.
Ares Management Corporation (NYSE: ARES) has closed a $150 million preferred equity investment in Inter Miami CF as Jorge and Jose Mas and David Beckham finalize the buyout of Marcelo Claure and Masayoshi Son. This investment aims to support the growth of Inter Miami, which debuted in March 2020 and is recognized for reaching the MLS playoffs in its first season. Ares emphasizes its commitment to providing innovative capital solutions within the sports franchise sector, highlighting favorable industry trends.
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.
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