Michael J Arougheti
Michael J Arougheti stepped down as President.
Highest-materiality recent filing
Ares upsizes revolver to $2.5B, extends maturity to 2031
Credit facility amended on May 21, 2026; maturity extended to May 21, 2031.
Ares Q1 2026 GAAP net income $142.6M; record fundraising $30B, up 45%
GAAP net income $142.6M ($0.46/share); after-tax realized income $452.4M ($1.24/share).
Ares Management enters $400M term loan facility; proceeds for refinancing, corporate purposes
Ares Holdings L.P. borrowed $400M under 3-year term loan maturing March 27, 2029; fully funded at closing.
Ares Management lowers Q1 2026 realized performance income guidance to ~$75M from ~$100M
Preliminary Q1 2026 realized net performance income ~$75M, up from $41M in Q1 2025 but below prior ~$100M expectation.
Ares Q4 2025: after-tax realized income $529.1M, AUM >$600B, dividend +20%
GAAP net income $54.2M, diluted EPS $0.08; after-tax realized income $529.1M ($1.45/share).
Ares Q3 GAAP net income $288.9M ($1.15 EPS); fee related earnings $471.2M; record fundraising pace
GAAP net income attributable to Ares $288.9M; diluted EPS $1.15.
Ares Management posts analyst presentation on website, no new financial details disclosed
Presentation posted on Investor Resources section of ares-ir.com for analyst meeting on September 25, 2025.
Ares Q2 GAAP net income $137.1M; fee-related earnings $409.1M; AUM up 24% YoY
GAAP net income $137.1M ($0.46 diluted EPS); after-tax realized income $367.9M ($1.03/share).
All 11 director nominees elected with strong support; Michael Arougheti received 980.3M votes for.
Ares Q1 2025: AUM tops $500B; after-tax realized income $1.09/share; dividend $1.12
GAAP net income of $47.2M; after-tax realized income of $381.4M ($1.09/share).
Ares Management amends credit facility: maturity extended to 2030, revolver increased to $1.84B
Maturity extended to April 22, 2030 via Amendment No. 13 to the credit agreement.
Ares completes GCP International acquisition; global real assets platform tops $115B
Acquisition of GCP International closed; Ares issues up to 10.46M shares of Class A common stock and 2.1M RSUs as partial consideration.
Ares Management appoints deVeer and Jacobson as Co-Presidents; Arougheti remains CEO
Michael Arougheti steps down as President, continues as CEO.
Ares Q4 GAAP net income $177.3M, after-tax realized income $1.23/sh; AUM $484B
GAAP net income $177.3M ($0.72/sh); after-tax realized income $434.7M ($1.23/sh) for Q4 2024.
Ares Q3 GAAP net income $118.5M ($0.55/sh); realized income $316M ($0.95/sh); FRE $339.3M
Fee-related earnings of $339.3M; after-tax realized income of $316.0M ($0.95/sh).
Ares Management issues $750M 5.600% senior notes due 2054
$750M aggregate principal; 5.600% interest rate payable semi-annually.
Ares Management issues $1.5B of 6.75% Series B Mandatory Convertible Preferred Stock
Issued 30M shares at $1.5B aggregate liquidation preference, 6.75% cumulative dividend.
Ares Management to acquire GCP International for $3.7B; expects close in H1 2025
Consideration: ~$1.8B cash + ~$1.9B Ares Class A common stock; earn-out up to $1.5B through 2027.
Ares Q2 2024 after-tax realized income $332M; raises $26B in capital, declares $0.93 dividend
GAAP net income $94.9M ($0.43 EPS); after-tax realized income $332.0M ($0.99 per share).
Underwriters exercised option to purchase 397,500 shares of Class A common stock on July 11, 2024.
Ares Management prices offering of 2.65M shares of Class A common stock
Underwritten by Morgan Stanley, BofA, J.P. Morgan, RBC, Wells Fargo.
Ares Management annual meeting elects all 11 director nominees; auditor ratified
All director nominees elected; Bennett Rosenthal received highest votes (889.5M for).
Ares Management holds Investor Day on May 21, 2024; presentation posted on website
Investor Day conducted via live video stream on May 21, 2024.
Ares Q1 GAAP net income $73M, fee-related earnings $301.7M; AUM up 19% YoY
GAAP net income $73M ($0.33 diluted EPS); after-tax realized income $265.1M ($0.80/share).
Michael J Arougheti stepped down as President.
the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed R. Kipp deVeer and Blair Jacobson as Co-Presidents of the Company.
the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed R. Kipp deVeer and Blair Jacobson as Co-Presidents of the Company.
Max materiality 0.85 · Median 0.70 · Most common event earnings