Ares Management Corporation announced its financial results for the second quarter of 2025, reporting a GAAP net income of $137.1 million, equating to $0.46 per share for its Class A and non-voting common stock. The company achieved total revenues of $1.35 billion, driven by management fees of $900.6 million, which represented a 24% increase year-over-year. Additionally, Ares reported total Assets Under Management (AUM) of $572.4 billion and net inflows of capital totaling $25.1 billion during the quarter.
The company declared a quarterly dividend of $1.12 per share for its Class A and non-voting common stock, which is scheduled to be paid on September 30, 2025, to shareholders of record as of September 16, 2025. A separate dividend of $0.84375 per share for its Series B mandatory convertible preferred stock was also announced, payable on October 1, 2025. Ares Management continues to demonstrate growth in its fee-related earnings and AUM, reflecting strong investor interest across various channels.
linkJul 31, 2025 21:17:29
Ares Management Corporation announced its financial results for the first quarter of 2025, reporting a GAAP net income of $47.2 million. The after-tax realized income for the quarter was $381.4 million, translating to $1.09 per share of Class A common stock. The company highlighted significant growth in key financial metrics and assets under management, which exceeded $546 billion, bolstered by their recent acquisition of GCP International. A quarterly dividend of $1.12 per share for Class A and non-voting common stock has been declared, payable on June 30, 2025, to shareholders of record as of June 16, 2025, along with a preferred stock dividend of $0.84375 per share payable on July 1, 2025.
Additionally, Ares Management emphasized its strong fundraising and investment activities, indicating a record amount of assets under management not yet paying fees, nearing $100 billion. The company plans to host a conference call on May 5, 2025, to further discuss its first quarter results and provide additional insights to investors. The detailed presentation of the financial results is available on their website under the Investor Resources section.
linkMay 02, 2025 20:51:45
Ares Management Corporation has successfully acquired GCP International, significantly enhancing its global alternative investment platform, which now manages over $525 billion in assets, including $115 billion in Real Assets. This acquisition improves Ares' geographic presence, particularly in Asia, and strengthens its logistics operations, digital infrastructure, and self-storage sectors, positioning the company as a leading player in fast-growing new economy sectors. Key personnel from GCP International have joined Ares, further bolstering its capabilities and local investment approach.
However, the press release does not detail any specific financial metrics related to the acquisition's immediate impact on earnings or operational efficiency. Additionally, it mentions potential challenges regarding the integration of GCP International and Walton Street Mexico into Ares' operations, which could affect the realization of expected benefits from these acquisitions. The statement also highlights the ongoing risks and uncertainties that could influence Ares' future performance.
linkMar 03, 2025 06:31:22
Ares Management Corporation announced a net income of $177.3 million for the fourth quarter of 2024, translating to $0.72 per share. The company reported after-tax realized income of $434.7 million and fee-related earnings of $396.2 million. Ares achieved record fundraising of $93 billion during the year, bringing total assets under management to $484 billion. Additionally, a quarterly dividend of $1.12 per share was declared for Class A common stockholders, payable on March 31, 2025.
On the negative side, while the company reported significant income and fundraising achievements, there is a mention of $95 billion in assets under management that are not yet generating fees. This could indicate a potential challenge in future revenue generation. Furthermore, the press release included a forward-looking statement regarding the anticipated closing of a transaction related to GCP International, which may introduce uncertainty until finalized.
linkFeb 05, 2025 06:17:55
Ares Management Corporation has appointed Kipp deVeer and Blair Jacobson as Co-Presidents, effective immediately. They will work closely with CEO Michael Arougheti to drive strategic initiatives and support investor relationships. Both executives have a long history with the company, with deVeer being a key figure in the growth of the Ares Credit Group, which is the firm's largest business. The company continues to emphasize senior talent development as a priority for its future success.
In conjunction with these appointments, Ares Capital Corporation announced Kort Schnabel as the new CEO, effective April 30, 2025, while Jim Miller remains as President. Although the leadership changes reflect a focus on internal talent, there is an ongoing challenge of maintaining growth and performance in a competitive market. The press release highlights the importance of collaboration among senior leaders to sustain Ares Management's position in the investment management sector, which currently oversees over $484 billion in assets.
linkFeb 05, 2025 06:08:11
Ares Management Corporation announced a net income of $118.5 million for the third quarter of 2024, translating to $0.55 per share. The company reported an after-tax realized income of $316.0 million, with fee-related earnings of $339.3 million. Ares highlighted its fundraising momentum, with over $64 billion raised year-to-date and expectations for a record year in fundraising, aiming for mid-$80 billion in gross commitments. The company also declared a quarterly dividend of $0.93 per share for its Class A common stock, payable at the end of December 2024.
On the downside, while Ares noted a positive market tone, no specific challenges or risks were mentioned in the report. The press release focused primarily on positive growth and performance metrics, leaving out potential concerns that might affect future earnings or market conditions. The emphasis was on their record amount of available capital and deployment activities, without addressing any negative factors that could impact their strategies or results moving forward.
linkOct 31, 2024 19:19:24
Ares Management Corporation successfully issued $750 million in senior notes with a 5.600% interest rate, set to mature in 2054. This offering is backed by a solid underwriting agreement with reputable financial institutions, indicating strong investor confidence. The notes are guaranteed by several affiliated companies, adding an extra layer of security for investors. The semi-annual interest payments will begin in April 2025, providing a steady income stream for bondholders.
However, the issuance comes with certain restrictions, limiting the company's ability to incur additional secured debt or make significant asset transfers without consent. While this may protect the interests of current investors, it could also restrict the company’s financial flexibility in the future. The notes are unsecured and could pose risks in the event of bankruptcy or other financial difficulties, as they would not have priority over secured debts. Overall, while the issuance showcases Ares Management's ability to raise capital, it also highlights potential challenges in maintaining financial agility.
linkOct 11, 2024 16:42:35
Ares Management Corporation recently announced the successful issuance of 30 million shares of its new 6.75% Series B Mandatory Convertible Preferred Stock, raising $1.5 billion. This new stock class will provide holders with senior rights over common stock regarding dividends and liquidation, ensuring that they receive payments first in the event of company dissolution. The dividends will be cumulative and paid quarterly, starting January 2025, which is a positive aspect for investors seeking regular income. Additionally, the proceeds from this offering will support the company’s acquisition strategy and other corporate purposes, indicating a proactive growth approach.
On the downside, the issuance of the new preferred stock could dilute existing shareholders’ interests, especially since the conversion of these shares into common stock is mandatory by October 2027. Furthermore, if the company fails to declare and pay dividends on the preferred stock for six consecutive periods, it could trigger a Dividend Non-Payment Event, allowing preferred shareholders to elect additional directors. This situation could complicate governance and create potential conflicts with common stockholders. Overall, while the offering strengthens Ares Management’s financial position, it introduces complexities for existing shareholders.
linkOct 10, 2024 16:50:11
Ares Management Corporation has announced its agreement to acquire GCP International for $3.7 billion, significantly expanding its real estate assets under management to approximately $96 billion. This acquisition is expected to enhance Ares' capabilities in key sectors, including industrial real estate and digital infrastructure, while aligning the interests of GCP's leadership with Ares’ stockholders through long-term retention mechanisms. Ares views this transaction as a strategic move to bolster its position as a global leader in alternative asset management.
On the downside, the transaction is contingent upon regulatory approvals and other closing conditions, which could pose uncertainties. Despite the anticipated benefits, the separation from GCP's remaining business in Greater China indicates a potential distraction or fragmentation of focus. Additionally, while the acquisition is projected to be modestly accretive in the first year, the long-term success will depend on effective integration and realization of synergies between the two firms.
linkOct 08, 2024 06:03:28
Ares Management Corporation announced a successful second quarter in 2024, with a net income of $94.9 million and after-tax realized income of $332 million. They raised $26 billion in capital, marking a record fundraising period. The company declared a dividend of $0.93 per share and highlighted strong portfolio performance. However, there is growing competition in the investment landscape, which may pose future challenges.
linkAug 01, 2024 21:13:07