Latest news with #AresManagementCorporation
Yahoo
02-08-2025
- Business
- Yahoo
Raymond James Starts Ares Management (ARES) Coverage, Highlights Strong Fee-Based Model
Ares Management Corporation (NYSE:ARES) ranks among the . On July 28, Raymond James began coverage of Ares Management Corporation (NYSE:ARES) with a Market Perform rating. While the firm highlighted Ares' robust direct lending position and growth prospects as advantages, it also pointed out that there were no immediate catalysts for the stock. According to Raymond James, Ares Management Corporation (NYSE:ARES) is reasonably valued at its current price-to-earnings multiple of 32x next-twelve months, which is higher than the 20x anticipated P/E average for the alternative asset management industry in 2026. The firm claims that Ares' purely fee-based business model, which has little balance sheet exposure and a better growth trajectory than its peers, justifies the premium valuation. Raymond James emphasized Ares' guidance for fee-related earnings through 2028, which are expected to improve at a compound annual growth rate of 16–20%. As the company deploys about $81.5 billion in committed assets that do not currently generate fees, additional margin gains are projected. Ares Management Corporation (NYSE:ARES) is an alternative asset management with operations in Asia, Europe, and the United States. The company is divided into different divisions, including the Real Estate Group, the Private Equity Group, the Direct Lending Group, and the Tradable Credit Group. 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. Read More: and Disclosure: None.
Business Wire
01-08-2025
- Business
- Business Wire
Ares Management Corporation Reports Second Quarter 2025 Results
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2025. GAAP net income attributable to Ares Management Corporation was $137.1 million for the quarter ended June 30, 2025. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.46 for the quarter ended June 30, 2025. After-tax realized income was $367.9 million for the quarter ended June 30, 2025. After-tax realized income per share of Class A common stock was $1.03 for the quarter ended June 30, 2025. Fee related earnings were $409.1 million for the quarter ended June 30, 2025. 'We generated strong second quarter results, growing AUM, fee paying AUM and management fees by 24% or more year over year,' said Michael Arougheti, Chief Executive Officer of Ares. 'Our AUM benefited from our second highest level of quarterly gross fundraising coupled with record quarterly market appreciation driven by strong investment performance across our major strategies. With our diversified suite of funds and products seeing strong investor interest across our institutional, wealth and insurance channels, we believe we are on pace to meet or exceed our previous annual record for fundraising.' 'Our second quarter includes the first full quarter of financials from the GCP International acquisition, and we believe we are on track to meet our financial goals for this business, including greater than originally expected synergies that will be gradually realized over time,' said Jarrod Phillips, Chief Financial Officer of Ares. 'With an improving transaction environment and a record amount of available capital at more than $150 billion, we believe we are well positioned to generate meaningful future earnings growth.' Common Stock Dividend Ares declared a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on September 30, 2025 to its Class A and non-voting common stockholders of record at the close of business on September 16, 2025. Preferred Stock Dividend Ares declared a quarterly dividend of $0.84375 per share of its 6.75% Series B mandatory convertible preferred stock, payable on October 1, 2025 to its preferred stockholders of record at the close of business on September 15, 2025. Dividend Reinvestment Program Ares has a Dividend Reinvestment Program for its Class A common stockholders that will be effective for the quarterly dividend on September 30, 2025. Equiniti Trust Company is engaged to administer the plan on behalf of Ares. Additional information can be located on the Investor Resources section of our website. Additional Information Ares issued a full detailed presentation of its second quarter 2025 results, which can be viewed at on the Investor Resources section of our home page under Events and Presentations. The presentation is titled 'Second Quarter 2025 Earnings Presentation.' Conference Call and Webcast Information Ares will host a conference call on August 1, 2025 at 11:00 a.m. (Eastern Time) to discuss second quarter results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 579-2543. International callers can access the conference call by dialing +1 (785) 424-1789. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected and to reference the conference ID ARESQ225. For interested parties, an archived replay of the call will be available through September 1, 2025 to domestic callers by dialing +1 (800) 727-1367 and to international callers by dialing +1 (402) 220-2669. An archived replay will also be available through September 1, 2025 on a webcast link located on the Home page of the Investor Resources section of our website. About Ares Management Corporation Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2025, Ares Management Corporation's global platform had over $572 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit Forward-Looking Statements Statements included herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), which reflect our current views with respect to, among other things, future events, operations and financial performance. You can identify these forward-looking statements by the use of forward-looking words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'continues,' 'may,' 'will,' 'should,' 'seeks,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'foresees' or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. Actual results may vary materially from those indicated in these forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Ares Management Corporation does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Ares or an investment fund managed by Ares or its affiliates.
Yahoo
01-08-2025
- Business
- Yahoo
Ares Management Corporation Reports Second Quarter 2025 Results
NEW YORK, August 01, 2025--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2025. GAAP net income attributable to Ares Management Corporation was $137.1 million for the quarter ended June 30, 2025. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.46 for the quarter ended June 30, 2025. After-tax realized income was $367.9 million for the quarter ended June 30, 2025. After-tax realized income per share of Class A common stock was $1.03 for the quarter ended June 30, 2025. Fee related earnings were $409.1 million for the quarter ended June 30, 2025. "We generated strong second quarter results, growing AUM, fee paying AUM and management fees by 24% or more year over year," said Michael Arougheti, Chief Executive Officer of Ares. "Our AUM benefited from our second highest level of quarterly gross fundraising coupled with record quarterly market appreciation driven by strong investment performance across our major strategies. With our diversified suite of funds and products seeing strong investor interest across our institutional, wealth and insurance channels, we believe we are on pace to meet or exceed our previous annual record for fundraising." "Our second quarter includes the first full quarter of financials from the GCP International acquisition, and we believe we are on track to meet our financial goals for this business, including greater than originally expected synergies that will be gradually realized over time," said Jarrod Phillips, Chief Financial Officer of Ares. "With an improving transaction environment and a record amount of available capital at more than $150 billion, we believe we are well positioned to generate meaningful future earnings growth." Common Stock Dividend Ares declared a quarterly dividend of $1.12 per share of its Class A and non-voting common stock, payable on September 30, 2025 to its Class A and non-voting common stockholders of record at the close of business on September 16, 2025. Preferred Stock Dividend Ares declared a quarterly dividend of $0.84375 per share of its 6.75% Series B mandatory convertible preferred stock, payable on October 1, 2025 to its preferred stockholders of record at the close of business on September 15, 2025. Dividend Reinvestment Program Ares has a Dividend Reinvestment Program for its Class A common stockholders that will be effective for the quarterly dividend on September 30, 2025. Equiniti Trust Company is engaged to administer the plan on behalf of Ares. Additional information can be located on the Investor Resources section of our website. Additional Information Ares issued a full detailed presentation of its second quarter 2025 results, which can be viewed at on the Investor Resources section of our home page under Events and Presentations. The presentation is titled "Second Quarter 2025 Earnings Presentation." Conference Call and Webcast Information Ares will host a conference call on August 1, 2025 at 11:00 a.m. (Eastern Time) to discuss second quarter results. All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 579-2543. International callers can access the conference call by dialing +1 (785) 424-1789. All callers are asked to dial in 10-15 minutes prior to the call so that name and company information can be collected and to reference the conference ID ARESQ225. For interested parties, an archived replay of the call will be available through September 1, 2025 to domestic callers by dialing +1 (800) 727-1367 and to international callers by dialing +1 (402) 220-2669. An archived replay will also be available through September 1, 2025 on a webcast link located on the Home page of the Investor Resources section of our website. About Ares Management Corporation Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2025, Ares Management Corporation's global platform had over $572 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit Forward-Looking Statements Statements included herein contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), which reflect our current views with respect to, among other things, future events, operations and financial performance. You can identify these forward-looking statements by the use of forward-looking words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "predicts," "intends," "plans," "estimates," "anticipates," "foresees" or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. The forward-looking statements are based on our beliefs, assumptions and expectations of our future performance, taking into account all information currently available to us. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business prospects, growth strategy and liquidity. Actual results may vary materially from those indicated in these forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. Ares Management Corporation does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Ares or an investment fund managed by Ares or its affiliates. View source version on Contacts Investor Relations Contacts Greg Masongmason@ (800) 340-6597 Carl Drakecdrake@ (800) 340-6597
Business Wire
28-07-2025
- Business
- Business Wire
Ares Management Establishes Joint Venture With Savion to Invest in U.S. Solar Power Generation
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ('Ares'), a leading global alternative investment manager, announced today that a fund managed by the Ares Infrastructure Opportunities strategy (the 'Ares fund') and Savion Equity, LLC ('Savion'), a subsidiary of Shell plc, have established Tango Holdings, LLC ('Tango'), a joint venture that will support solar energy development and management in the United States. Founded in 2019, Savion develops large-scale solar and energy storage projects across 28 states. Tango will manage 496 megawatts of Savion-developed solar projects in Ohio, Kentucky, Oklahoma and Indiana. Tango is jointly owned by the Ares fund (80%) and Savion (20%) and will hold equity interests in Martin County Solar Project, Kiowa County Solar Project and in three additional solar projects currently under construction. 'We look forward to partnering with Savion on this exciting initiative that allows us to draw on our combined capabilities in power generation to support these important assets,' said Steve Porto, Partner in the Ares Infrastructure Opportunities strategy. 'As a leading investor in critical private infrastructure projects, we believe Ares' scale and experience across the asset life cycle alongside Savion's operational prowess will help bolster the supply of electricity in key U.S. markets as we seek to deliver attractive returns for our investors.' This joint venture builds on Ares' track record in sourcing and executing investment opportunities in key sectors of private infrastructure through the Ares Infrastructure Opportunities strategy. With approximately 30 tenured investment professionals, the team targets assets with stable cash flow profiles that are positioned to benefit from secular tailwinds. In the past 12 months, the Ares fund has acquired an interest in power generation assets totaling over 4.0 gigawatts across nine states and four power markets. Savion will serve as the managing member of Tango with Shell Renewable Asset Management International overseeing asset management of its projects. This deal is structured to simultaneously sign and close, with an immediate effective date. Additional terms of the transaction were not disclosed. About Ares Management Corporation Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2025, Ares Management Corporation's global platform had approximately $546 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit
Yahoo
11-07-2025
- Business
- Yahoo
TD Cowen Raises Ares Management (ARES) Price Target on Strong Platform Confidence
Ares Management Corporation (NYSE:ARES) ranks among the . On June 30, TD Cowen reaffirmed its Buy rating on Ares Management Corporation (NYSE:ARES) but raised its price target from $199 to $204. The TD Cowen-sponsored investor meetings on June 25 strengthened the firm's confidence in Ares Management's platform capabilities, which led to the price target rise. The meetings, according to TD Cowen, reinforced the company's faith in the 'compounding nature' of Ares Management's platform and boosted assurance that management can reach and even surpass the key performance metrics set forth at the company's 2024 Investor Day. The firm cited Ares Management's 'Incumbency Advantage' in particular as an important contributor to its optimistic outlook. Ares Management Corporation (NYSE:ARES) is an alternative asset management with operations in Asia, Europe, and the United States. The company is divided into different divisions, including the Real Estate Group, the Private Equity Group, the Direct Lending Group, and the Tradable Credit Group. 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. Read More: and Disclosure: None.
