Ares Management Corporation

Ares and Norges Bank Investment Management Establish up to €1.5 Billion European Logistics Investment Partnership

Ares Real Estate established a European logistics investment partnership with Norges Bank Investment Management, which committed €1.5 billion of equity as a first collaboration between the two firms. The strategy targets modern, high-quality logistics assets across Europe and leverages Ares' Marq Logistics operating platform, which spans more than 2,250 properties and over 655 million square feet. The mandate validates Ares' European logistics franchise with one of the world's largest sovereign wealth funds, though the fee contribution is incremental relative to the firm's $671 billion platform.

•4d ago

KKR to Sell Infinity Transportation to Ares for $2.9 Billion

Ares Management agreed to acquire Infinity Transportation, a scaled railcar and intermodal equipment lessor, from KKR at an enterprise value of approximately $2.9 billion. The deal will be executed through Ares Infrastructure Equity and Ares Insurance Solutions funds, adding a platform of roughly 50,000 railcars leased to more than 350 lessees across the U.S., Canada and Mexico. The transaction is expected to close in Q1 2027 pending regulatory approvals and represents a sizable long-duration infrastructure deployment for Ares' insurance capital, though it is modest against Ares' $671B AUM.

•6d ago

Sabey Data Center Properties Secures Additional Investment from Ares to Support Continued Growth

Ares Secondaries funds expanded their minority equity investment in Sabey Data Center Properties, a private hyperscale and enterprise data center platform, bringing Ares' total investment to more than $500 million. SDCP operates 275 megawatts of capacity in top-tier U.S. data center markets, with an expansion pipeline expected to reach roughly 737 MW by 2033. For ARES shareholders, the follow-on is a modest positive: it signals continued deployment in real estate secondaries and conviction in digital infrastructure tied to cloud and AI demand, though the target is private and the dollar amount is small relative to Ares' $671 billion platform.

•20d ago

Awayday Announces Strategic Investment from Warburg Pincus

Awayday, a vacation rental manager majority-owned by an Ares Private Equity fund alongside LightBay Capital, closed a significant minority investment from Warburg Pincus's Capital Solutions Founders Fund; terms were not disclosed. Proceeds will be used to return capital to existing equity investors, including Ares and LightBay, and to deliver proceeds to local operators and team members. Ares and LightBay remain controlling shareholders. For ARES, this is a partial liquidity event in a private portfolio company — a modest positive signal of value realization, but not a material disclosure for the publicly traded asset manager.

•23d ago

Ares Raises $4.2 Billion for Inaugural Global Structured Solutions Strategy

Ares Management closed its inaugural Ares Global Structured Solutions Fund at approximately $4.2 billion, more than four times its $1 billion target. The strategy supports GP fund commitments, seeding new strategies, and succession plans, extending a secondaries platform that has deployed nearly $9 billion in structured solutions since 2013. The close reinforces Ares' scale in private equity secondaries, with the broader Secondaries Group managing $44 billion and the firm's total platform at over $671 billion as of June 30, 2026.

•24d ago

Ares Provides $2 Billion Debt Facility to Phoenix Tower International

Ares Management funds provided $2.0 billion of a $6.5 billion multi-jurisdiction financing for telecom tower operator Phoenix Tower International, funding roughly $1.8 billion at closing. The deal consolidates PTI's existing loans and adds growth capacity for its platform of more than 33,000 wireless sites across 23 countries, and is described as one of the largest private credit financings in the towers sector. The transaction underscores the scale of Ares' Infrastructure Debt strategy, which managed $29.9 billion of AUM as of June 30, 2026 within Ares' $671 billion global platform.

•24d ago

Ares Strengthens Commitment to Plenitude Through €1 Billion Capital Contribution

Ares Alternative Credit funds contributed over €1 billion to a capital reorganization of Plenitude, part of an approximately €1.5 billion upsized contribution alongside Eni. The transaction values Plenitude at €10.75 billion pre-money and lifts Ares' stake to 26.24%, with Ares and Eni jointly controlling the company — Ares appoints three board members including Stefano Questa as Chairman. Ares first invested in Plenitude in 2025, paying roughly €2 billion for a 20% stake; the expanded position deepens its exposure to the energy transition portfolio company.

•24d ago

ARES: 8-K · earnings release

Ares Management disclosed via 8-K that it preliminarily expects approximately $10 million in realized net performance income for the quarter ending September 30, 2026. That compares to $9 million in the same quarter of 2025, implying modest year-over-year improvement of roughly 11% in this component of realized income. The figure is a non-GAAP preliminary estimate furnished under Regulation FD, and the company cautioned actual results may differ materially; investors should await the full Q3 earnings report.

SEC 8-K•26d ago

Momentum Financial Services Group Renews Loan Facility with Ares and Upsizes to C$810 Million to Support Continued Growth

Momentum Financial Services Group, the Money Mart parent, renewed and upsized its secured loan facility with Ares Alternative Credit funds from C$657.9 million to C$810 million, a C$152.1 million increase. The facility was extended through January 2029 and includes an accordion feature providing up to an additional C$130 million of capacity. For Ares Management (NYSE: ARES), the upsize represents incremental capital deployment through its Alternative Credit platform and extends a longstanding lending relationship, though the commitment is small relative to Ares's $671 billion-plus in AUM. Proceeds support Momentum's growing Canadian loan receivables portfolio and new products planned for launch in Canada and the U.S.

•1mo ago

Ares and PSP Investments Establish Joint Venture to Invest Up to $2.4 Billion in U.S. Logistics Real Estate

Ares Management and PSP Investments have established a joint venture to invest up to $2.4 billion in U.S. logistics real estate. The JV launches with a 5.2 million-square-foot seed portfolio of 14 properties across California, Texas and New Jersey, targeting cash-flowing assets in high-growth markets, with Ares' Marq Logistics platform leading sourcing and asset management. For Ares, the deal extends a longstanding relationship with one of Canada's largest pension investors and adds fee-generating deployment capacity to a real estate platform within its $671 billion global franchise.

•1mo ago

The Scion Group and Ares Acquire Four-Community Student Housing Portfolio From SCHENK+

Ares Management Corporation partnered with The Scion Group to acquire a four-community, 2,316-bed student housing portfolio from SCHENK+ for approximately $435 million. The assets are located near the University of Georgia, the University of Tennessee, and Texas State University, aligning with Scion's existing operational footprint in these markets. Ares reported over $671 billion in assets under management as of June 30, 2026, spanning credit, real estate, private equity, and infrastructure.

•1mo ago

Ares Closes Fifth Japan Logistics Real Estate Development Fund at ¥612 Billion (US$4 Billion), Hitting Hard Cap

Ares Management closed its Japan Logistics Development Partners V fund at ¥612 billion ($4 billion), hitting its hard cap and marking its largest closed-end institutional fundraise to date. The fund, nearly 50% larger than its 2021 predecessor, attracted a global investor base including a cornerstone commitment of ¥150 billion from CPP Investments. With ¥1.7 trillion in total investment capacity, Ares intends to develop modern logistics facilities in key Japanese metropolitan markets through its Marq Logistics platform.

•1mo ago

ARES: 10-Q · periodic report

Ares Management filed its Q2 2026 10-Q showing total revenues of $1.43 billion, up 5.8% year over year, with GAAP net income of $313.0 million and EPS of $0.49 versus $0.46 a year earlier. Core drivers were strong: management fees rose 13% YoY to $1.02 billion, total segment fee related earnings climbed 20% to $491.1 million, and the quarterly dividend was raised to $1.35 per share from $1.12. Six-month revenue growth was 15.8%, and the board renewed a $750 million buyback in February 2026, though no shares were repurchased in the half. The balance sheet shifted: debt obligations rose 16% from year-end to $4.58 billion while cash reached $557.1 million, and the BlueCove acquisition closed February 1, 2026, generating a $37.3 million bargain purchase gain. Watch items include H1 operating cash flow of just $55.1 million versus $2.41 billion a year ago, dividends again exceeding GAAP earnings available to common holders, and GCP International earnout liabilities capped at a combined $1.5 billion.

SEC 10-Q•2mo ago

Aspida Life and Market Synergy Group Launch T. Rowe Price U.S. Equity 15 Index in Synergy Choice™ FIA Suite

Aspida Life, a subsidiary of Ares Management, added the T. Rowe Price U.S. Equity 15 Index to its Synergy Choice Fixed Index Annuity suite. The new index leverages T. Rowe Price’s active equity research and Bank of America’s Intraday Volatility Control technology to respond faster to market changes. Aspida Holdings reported total assets exceeding $31 billion as of March 31, 2026.

•2mo ago

Ares Management Announces Second Quarter 2026 U.S. Direct Lending Origination Activity

Ares Management reported strong momentum in its U.S. direct lending business, closing approximately $8.2 billion in new commitments across 69 transactions during the second quarter of 2026. Over the trailing twelve months, the firm originated approximately $52.3 billion across 347 transactions, highlighting its continued market leadership in the credit space. Notable transactions during the quarter included financings for Jiffy Lube and Atwell, supporting acquisitions by Monomoy Capital Partners and Advent International, respectively.

•2mo ago

ARES MANAGEMENT CORPORATION REPORTS SECOND QUARTER 2026 RESULTS

Ares Management reported Q2 GAAP net income of $150.6 million ($0.49 per share) and fee-related earnings of $491.1 million. The firm achieved record fundraising with over $36 billion of inflows, growing key financial metrics more than 20% year-over-year while holding a record $170 billion in dry powder. Ares declared a quarterly dividend of $1.35 per share on common stock and $0.84375 per share on its Series B preferred stock.

•2mo ago

Ares Completes Acquisition of Whitestone REIT

Ares Management Corporation, through certain Ares Real Estate funds, has completed the acquisition of all outstanding shares of Whitestone REIT for $19.00 per share in an all-cash transaction valued at approximately $1.7 billion. The acquisition adds 54 high-quality, convenience-focused retail properties totaling approximately 4.8 million square feet across fast-growing U.S. markets including Phoenix, Austin, and Dallas-Fort Worth. Following the completion, Whitestone will cease trading on public exchanges, and Ares noted that its global platform held over $644 billion in assets under management as of March 31, 2026.

•3mo ago

ARES: 8-K · earnings release

Ares Management Corp preliminarily expects realized net performance income for the quarter ending June 30, 2026 to exceed $50 million. This compares to $16 million in realized net performance income for the quarter ended June 30, 2025, indicating a substantial increase in operating performance. The company noted that these figures are preliminary and actual results may differ materially upon completion of financial closing procedures.

SEC 8-K•3mo ago

Midera Food Processing and Centrus Energy Set to Join S&P SmallCap 600

S&P Dow Jones Indices announced that Centrus Energy and Midera Food Processing will join the S&P SmallCap 600, replacing Redwood Trust and Whitestone REIT. Ares Management Corp (ARES) is acquiring Whitestone REIT, with the deal expected to close around July 14, resulting in Whitestone's removal from the index. Midera Food Processing is being spun off from The Middleby Corp and will replace Redwood Trust effective July 8. The index changes are effective prior to the opening of trading on July 8 and July 14, respectively.

•3mo ago

Ares Appoints Brent Canada as Head of Infrastructure Debt

Ares Management named Brent Canada as Head of Infrastructure Debt, succeeding Patrick Trears who transitions to Senior Advisor. Mr. Canada joined Ares in 2022 from Deutsche Bank and has led the team since the 2022 acquisition. Lorenzo Ceretti was appointed Co-Head of EMEA Infrastructure Debt alongside Roopa Murthy to capitalize on growing opportunities in the region. The Infrastructure Debt platform manages over $13 billion in assets, contributing to Ares' total platform exceeding $644 billion in AUM as of March 31.

•4mo ago

Ares Raises $12.7 Billion to Invest in Asset-Based Finance Through the Pathfinder Closed-End Strategy

Ares closed Pathfinder Fund III at its $8.5 billion hard cap in less than six months, marking the largest global asset-based finance fund in the market. The fund was significantly oversubscribed, exceeding its $6.5 billion target and the prior Pathfinder II vintage of $6.6 billion. Inclusive of reinvestments from Pathfinder II, Ares Alternative Credit raised $12.7 billion for ABF strategies in the last nine months, reinforcing its market-leading scale with $57.3 billion in alternative credit AUM.

•4mo ago

The Scion Group and Ares Establish Joint Venture to Acquire $910 Million U.S. Student Housing Portfolio

Ares Real Estate and The Scion Group formed a joint venture to acquire a 12-property, 7,578-bed U.S. student housing portfolio for $910 million from Harrison Street Asset Management. The deal marks Ares' entry into the student housing sector, leveraging Scion's operational expertise as the world's largest owner of off-campus student housing. Scion's portfolio now exceeds 105,000 beds across 161 communities, having deployed $10.2 billion of capital since 2016.

•5mo ago

Ares Management Announces First Quarter 2026 U.S. Direct Lending Origination Activity

Ares Management reported approximately $9.5 billion of new U.S. direct lending commitments across 70 transactions in the first quarter of 2026, bringing the 12-month total to roughly $53.0 billion. Notable deals closed during the quarter included financing for Permira's Encore Fire Protection, Kohlberg's acquisition of Loenbro, and Leonard Green & Partners' acquisition of Topgolf. The firm's assets under management stood at over $644 billion as of March 31, 2026, supporting its position as a leading global alternative investment manager.

•5mo ago

Ares Management Corporation Reports First Quarter 2026 Results

Ares Management delivered strong first quarter 2026 results, highlighted by record fundraising of $30 billion, which represents an increase of more than 45% year over year. The firm reported 25% growth in management fees and improving operating margins, supported by an 18% increase in assets under management to over $644 billion. The board declared a quarterly dividend of $1.35 per share on Class A and non-voting common stock, payable June 30, 2026.

•5mo ago

Aspida Life and Market Synergy Group Launch Bitcoin-Linked Index Across Synergy Choice™ Fixed Index Annuity Suite

Aspida Life, a subsidiary of Ares Management, launched the BlackRock U.S. Equity Bitcoin Balanced Risk 10% Index within its Synergy Choice Fixed Index Annuity suite. The index uses a volatility-managed methodology to provide indirect exposure to bitcoin through the iShares Bitcoin Trust (IBIT) and the iShares Core S&P 500 ETF (IVV). Aspida reported total assets of $30bn as of year-end 2025, positioning this new offering to capture demand for crypto diversification within retirement planning.

•5mo ago