Ares Management Corporation is a leading global alternative investment manager operating three integrated businesses across Credit, Private Equity and Real Estate. Ares Management's investment groups collaborate to deliver innovative investment solutions and consistent and attractive investment returns for fund investors throughout market cycles. Ares Management's global platform had $149 billion of assets under management as of March 31, 2020 with more than 1,200 employees in over 20 offices in more than 10 countries.

Company profile
Ticker
ARES
Exchange
Website
CEO
Michael Arougheti
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
ARES MANAGEMENT LP
SEC CIK
Corporate docs
Subsidiaries
Ares Holdco LLC • Ares Holdings L.P. • Ares Finance Co. LLC • Ares Finance Co. II LLC • Ares Finance Co. III LLC • Ares Finance Co. IV LLC • Ares Management Worldwide Holdings LLC • Ares AMWH Holdings, Inc. • Ares Investments Holdings LLC • Ares Management Holdings L.P. ...
SEC advisor number
801-63800
FINRA CRD number
130074
AUM ?
$253.19 bn
(as of 23 May 23)
Accounts
450
(as of 23 May 23)
Employees
2,378
(934 investment advisory or research)
Address
Ares Management
2000 AVE OF THE STARS
12TH FLOOR
LOS ANGELES
CA 90067
2000 AVE OF THE STARS
12TH FLOOR
LOS ANGELES
CA 90067
Phone
3102014100
Brochures
ARES stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 FY
Quarterly report
5 May 23
ARS
2022 FY
Annual report to shareholders
28 Apr 23
DEFA14A
Additional proxy soliciting materials
28 Apr 23
DEF 14A
Definitive proxy
28 Apr 23
8-K
Ares Management Corporation Reports First Quarter 2023 Results
27 Apr 23
S-3ASR
Automatic shelf registration
3 Apr 23
8-K
Other Events
28 Feb 23
S-3ASR
Automatic shelf registration
27 Feb 23
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
24 Feb 23
10-K
2022 FY
Annual report
24 Feb 23
Transcripts
ARES
Earnings call transcript
2023 Q1
28 Apr 23
ARES
Earnings call transcript
2022 Q4
9 Feb 23
ARES
Earnings call transcript
2022 Q3
27 Oct 22
ARES
Earnings call transcript
2022 Q2
28 Jul 22
ARES
Earnings call transcript
2022 Q1
28 Apr 22
ARES
Earnings call transcript
2021 Q4
11 Feb 22
ARES
Earnings call transcript
2021 Q3
27 Oct 21
ARES
Earnings call transcript
2021 Q2
30 Jul 21
ARES
Earnings call transcript
2021 Q1
29 Apr 21
ARES
Earnings call transcript
2020 Q4
11 Feb 21
Latest ownership filings
4
Michael J Arougheti
25 May 23
4
Ryan Berry
25 May 23
4
Judy D. Olian
25 May 23
144
Notice of proposed sale of securities
24 May 23
144
Notice of proposed sale of securities
24 May 23
4
Aghili Naseem Sagati
23 May 23
144
Notice of proposed sale of securities
23 May 23
144
Notice of proposed sale of securities
23 May 23
144
Notice of proposed sale of securities
19 May 23
4
AZEK Co Inc.
18 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Mar 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 272.25 mm | 272.25 mm | 272.25 mm | 272.25 mm | 272.25 mm | 272.25 mm |
Cash burn (monthly) | 39.25 mm | 6.15 mm | (no burn) | (no burn) | (no burn) | 20.89 mm |
Cash used (since last report) | 75.82 mm | 11.88 mm | n/a | n/a | n/a | 40.36 mm |
Cash remaining | 196.43 mm | 260.37 mm | n/a | n/a | n/a | 231.89 mm |
Runway (months of cash) | 5.0 | 42.3 | n/a | n/a | n/a | 11.1 |
Institutional ownership, Q1 2023
13F holders | Current |
---|---|
Total holders | 423 |
Opened positions | 76 |
Closed positions | 55 |
Increased positions | 152 |
Reduced positions | 133 |
13F shares | Current |
---|---|
Total value | 12.97 tn |
Total shares | 276.58 mm |
Total puts | 3.94 mm |
Total calls | 150.60 k |
Total put/call ratio | 26.2 |
Largest owners | Shares | Value |
---|---|---|
Ares Partners Holdco | 131.03 mm | $0.00 |
Wellington Management | 17.63 mm | $1.47 tn |
Vanguard | 14.98 mm | $1.25 tn |
SMFG Sumitomo Mitsui Financial | 13.36 mm | $1.12 tn |
BLK Blackrock | 10.62 mm | $886.00 bn |
Capital World Investors | 10.06 mm | $839.44 bn |
Capital International Investors | 6.59 mm | $549.46 bn |
HMI Capital | 3.82 mm | $318.65 bn |
Boston Partners | 3.21 mm | $268.19 bn |
BEN Franklin Resources | 3.18 mm | $265.08 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | No | Yes | 84.37 | 53,182 | 4.49 mm | 893,603 |
25 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | No | Yes | 83.44 | 57,081 | 4.76 mm | 946,785 |
25 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 84.37 | 17,640 | 1.49 mm | 694,159 |
25 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 83.43 | 18,933 | 1.58 mm | 711,799 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | No | Yes | 83.9 | 1,500 | 125.85 k | 1,003,866 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | No | Yes | 83.35 | 123,009 | 10.25 mm | 1,005,366 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | No | Yes | 82.56 | 40,930 | 3.38 mm | 1,128,375 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 83.91 | 516 | 43.30 k | 730,732 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 83.35 | 41,035 | 3.42 mm | 731,248 |
24 May 23 | Michael J Arougheti | Class A Common Stock | Sell | Dispose S | Yes | Yes | 82.57 | 13,713 | 1.13 mm | 772,283 |
News
JMP Securities Maintains Market Perform on Ares Managementto Market Perform
26 May 23
Analyst Ratings for Ares Management
22 May 23
Morgan Stanley Maintains Equal-Weight on Ares Management, Raises Price Target to $90
22 May 23
Where Ares Management Stands With Analysts
2 May 23
RBC Capital Maintains Outperform on Ares Management, Raises Price Target to $105
2 May 23
Press releases
Ares Management Corporation to Present at the Bernstein 39th Annual Strategic Decisions Conference
22 May 23
Ares Management Serves as Lead Arranger and Junior Agent for $3 Billion in Financing to Support the Acquisition of Merchants Fleet by Bain Capital, ADIA and the Merchants Executive Team
4 May 23
AM Best Affirms Credit Ratings of Aspida Life Re Ltd. and Aspida Life Insurance Company
28 Apr 23
Ares Management Corporation Announces U.S. Direct Lending Origination Activity for the First Quarter and Last Twelve Months 2023
28 Apr 23
Ares Management Corporation Reports First Quarter 2023 Results
28 Apr 23