Ares Q4 GAAP net income $177.3M, after-tax realized income $1.23/sh; AUM $484B

Ares Management Corp

GAAP net income $177.3M ($0.72/sh); after-tax realized income $434.7M ($1.23/sh) for Q4 2024.
Fee-related earnings $396.2M in Q4; full-year gross fundraising $93B, AUM $484B.
Record $95B AUM not yet paying fees; GCP International acquisition expected to close Q1 2025.
Quarterly dividend $1.12/share declared, payable March 31, 2025 to holders of record March 17, 2025.

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