Ares Management Q2 2022: fee-related earnings $219.8M, AUM growth 35%+, declares $0.61 dividend

Ares Management Corp

GAAP net income $39.7M ($0.21 EPS); after-tax realized income $233.3M ($0.74 per share).
Fee related earnings $219.8M; AUM grew 35%+ YoY.
Raised $16B in new commitments in Q2, over $30B year-to-date.
Quarterly dividend declared $0.61/share, payable Sep 30, record Sep 16.
CEO cites resiliency despite market volatility; deployment increased vs Q1.

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