Latest news with #AresManagement
Bloomberg
3 days ago
- Business
- Bloomberg
Apollo, Ares Aim for Bigger Role Backing Sports Leagues, Teams
Apollo Global Management Inc. and Ares Management Corp. are both pushing deeper into sports investing, the latest multibillion-dollar alternative asset managers to put more money into the booming sector. Ares is preparing to launch a media and entertainment fund designed for individual investors, a departure from the traditionally exclusive nature of sports finance. The semi-liquid fund will target both debt and equity investments across sports leagues and businesses.
Bloomberg
3 days ago
- Business
- Bloomberg
Private Credit Giant Ares Is Seeing More Defense Opportunities in Europe
Ares Management, the $550 billion alternative investor, expects private lenders to get more involved in funding Europe's rearmament. 'We are starting to see more defense opportunities come across the desk,' Mike Dennis, the company's co-head of European credit, tells Bloomberg News' James Crombie and Bloomberg Intelligence's Jeroen Julius in this episode of the Credit Edge podcast. 'We would tend to be cautious — we need to listen to what our LPs' appetite for those types of businesses are,' says Dennis, referring to Ares' limited partners and their environmental, social and governance concerns. Dennis and Julius also discuss middle-market loan pricing, private-credit returns and where Ares might look to open up new offices in Europe.
Yahoo
4 days ago
- Business
- Yahoo
Microsoft's (MSFT) is Well Positioned for Growth in AI and Cloud Services
Investment management company Vulcan Value Partners recently released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The firm does not focus on short-term outcomes, whether positive or negative, and believes it can enhance the potential long-term returns and reduce risk. In the quarter, the Large Cap Composite returned 7.0% net of fees and expenses, the Small Cap Composite returned 6.7% net, the Focus Composite returned 9.5% net, the Focus Plus composite returned 8.8% and the All-Cap Composite returned 8.1% net. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Vulcan Value Partners highlighted stocks such as Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was 5.28%, and its shares gained 14.82% of their value over the last 52 weeks. On July 16, 2025, Microsoft Corporation (NASDAQ:MSFT) stock closed at $505.62 per share, with a market capitalization of $3.758 trillion. Vulcan Value Partners stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its second quarter 2025 investor letter: "There were two material contributors to performance: Microsoft Corporation (NASDAQ:MSFT) and Ares Management Corp. Microsoft is the world's largest software company with a broad range of offerings including Microsoft Office, gaming, Azure cloud computing, LinkedIn, and more. Microsoft is a key beneficiary in the growth of AI and hyperscale cloud infrastructure. Azure growth accelerated from the prior quarter and is expected to maintain that growth in the coming quarter, driven both by an accelerating contribution from AI and an acceleration in its non-AI core Azure business. In addition, cost controls led to an increase in operating margin. Microsoft is deeply entrenched within its customer base, has high switching costs, and is benefiting from growth tailwinds such as cloud computing and artificial intelligence. We think an underappreciated strength of Microsoft's business model is that not only are its products designed to work together, but it is also more economical for the customer when multiple products are bundled together. This bundling approach enables Microsoft to gain share at the expense of less well positioned competitors over time." A development team working together to create the next version of Windows. Microsoft Corporation (NASDAQ:MSFT) is in second position our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 284 hedge fund portfolios held Microsoft Corporation (NASDAQ:MSFT) at the end of the first quarter compared to 317 in the previous quarter. In the fiscal third quarter of 2025, Microsoft Corporation (NASDAQ:MSFT) reported $70.1 billion in revenues, up 13% year-over-year. While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Microsoft Corporation (NASDAQ:MSFT) and shared the list of best US stocks to buy according to billionaires. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Vulcan Value Partners: Ares Management Corporation (ARES) is One of the Highest-Quality Alternative Asset Managers
Investment management company Vulcan Value Partners recently released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The firm does not focus on short-term outcomes, whether positive or negative, and believes it can enhance the potential long-term returns and reduce risk. In the quarter, the Large Cap Composite returned 7.0% net of fees and expenses, the Small Cap Composite returned 6.7% net, the Focus Composite returned 9.5% net, the Focus Plus composite returned 8.8% and the All-Cap Composite returned 8.1% net. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Vulcan Value Partners highlighted stocks such as Ares Management Corporation (NYSE:ARES). Founded in 1997, Ares Management Corporation (NYSE:ARES) is an alternative asset manager. The one-month return of Ares Management Corporation (NYSE:ARES) was 7.52%, and its shares gained 22.07% of their value over the last 52 weeks. On July 16, 2025, Ares Management Corporation (NYSE:ARES) stock closed at $179.92 per share, with a market capitalization of $58.758 billion. Vulcan Value Partners stated the following regarding Ares Management Corporation (NYSE:ARES) in its second quarter 2025 investor letter: "Ares Management Corporation (NYSE:ARES) is a global, diversified alternative asset manager with a leading private credit franchise. Market sentiment began turning negative during the first quarter of this year and bottomed out during the tariff related sell off in early April. We added to our position during this time. Ares is unique within the alternative space as they have a history of growing more quickly during times of dislocation. There are many reasons for this growth but some of the most important are the defensiveness of credit and Ares's ability to play offense in down markets. We continue to view the alternative asset management industry positively due to long-term secular growth tailwinds and long-term locked up capital that leads to annuity-like fee streams. We believe Ares is one of the highest quality alternative asset managers and has one of the best combinations of value stability and value growth in the industry." A close up of a senior financial advisor reviewing a portfolio and making recommendations for an investor. Ares Management Corporation (NYSE:ARES) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 42 hedge fund portfolios held Ares Management Corporation (NYSE:ARES) at the end of the first quarter, which was 43 in the previous quarter. While we acknowledge the potential of ARES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Ares Management Corporation (NYSE:ARES) and shared the list of best fast growth stocks to invest in. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
6 days ago
- Business
- Bloomberg
Ares-Backed Cooper's Hawk Seeks Private Credit as It Plans IPO
By and Olivia Fishlow Save Cooper's Hawk Winery & Restaurants, a restaurant chain and wine club backed by Ares Management Corp., plans to tap private credit to refinance debt ahead of a new effort to pursue an initial public offering, according to people with knowledge of the matter. Jefferies Financial Group Inc. is reaching out to direct lenders to line up as much as $400 million of debt and growth capital, said the people, who were not authorized to speak publicly.
