secwatch.observer — SEC 8-K summary
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Issuer:     Ares Management Corp (ARES)
CIK:        0001176948
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001628280-24-019722
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ares Q1 GAAP net income $73M, fee-related earnings $301.7M; AUM up 19% YoY
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- GAAP net income $73M ($0.33 diluted EPS); after-tax realized income $265.1M ($0.80/share).
- Fee-related earnings $301.7M; AUM grew 19% YoY to record; raised over $17B in Q1.
- Available capital nearly $115B; AUM not yet paying fees up 28%.
- Quarterly dividend declared $0.93/share, payable June 28 to holders of record June 14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176948/000162828024019722/0001628280-24-019722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176948/000162828024019722/ares-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-019722

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer