Michael J Arougheti
Michael J Arougheti stepped down as President.
Highest-materiality recent filing
Ares Q2 2026: GAAP net income $150.6M, record $36B fundraising, $170B dry powder
GAAP net income $150.6M ($0.49 diluted EPS); after-tax realized income $467.6M ($1.29 per share).
Preliminary Q2 2026 realized net performance income expected >$50M, vs $16M in Q2 2025.
Ares Management stockholders elect all 11 director nominees, ratify EY as auditor
All 11 director nominees elected with substantial majority votes (for votes ~984M to ~1.036B out of ~1.083B cast).
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).
Ares Management amends credit facility: maturity extended to 2029, revolver raised to $1.4B
Maturity of $1.4B revolver extended to March 28, 2029; accordion increased to $600M for aggregate capacity up to $2.0B.
Ares Q4 after-tax realized income $400.4M; FY fundraising $74B; record AUM $111B
GAAP net income Q4 $174M ($0.86 diluted EPS); FY $474.3M ($2.42 diluted EPS).
Ares Management grants 1.6M RSUs to CEO, Credit head and others for reduced incentive fees
Granted 1.6M RSUs to CEO Arougheti, Credit head deVeer and others in exchange for reducing 2024 incentive fee allocations.
Ares Management issues $500M of 6.375% Senior Notes due 2028
$500M aggregate principal, 6.375% interest, maturity Nov 10, 2028.
Ares Q3 GAAP net income $61.8M ($0.30/share); fee-related earnings $274.2M; dividend $0.77
GAAP net income $61.8M, diluted EPS $0.30; after-tax realized income $261.1M ($0.83/share).
Ares Q2 GAAP net income $144.5M, EPS $0.75; declares $0.77 dividend
GAAP net income $144.5M ($0.74 diluted EPS); after-tax realized income $292.2M ($0.90/share).
Ares Management stockholders elect all 11 director nominees and approve auditor and 2023 equity plan
All 11 director nominees elected with FOR votes ranging from 805M to 862M; broker non-votes 11M.
Ares Q1 GAAP net income $94M; fee related earnings $254.6M, up mid-20% YoY
GAAP net income $94M ($0.49 EPS); after-tax realized income $232M ($0.71 EPS).
Ares Management CEO Michael Arougheti adopts Rule 10b5-1 plan to sell up to 1.43M shares
Plan covers up to 1,430,301 shares; trading may start no earlier than May 24, 2023.
Ares posts analyst presentation on website; no material new information disclosed
Presentation posted on Investor Resources section of ares-ir.com for analyst meeting.
Ares Q4 2022 GAAP net income $117.5M; after-tax realized income $1.21/share; dividend $0.77
Q4 GAAP net income $117.5M ($0.62 diluted EPS); full-year $167.5M ($0.87 diluted EPS).
Ares appoints Ashish Bhutani as independent director, effective Jan 1, 2023
Ashish Bhutani appointed to the Board as Class II director, serving on the Conflicts Committee.
Ares reports Q3 GAAP net loss $35.5M; after-tax realized income $233.1M, AUM up >20% YoY
GAAP net loss of $35.5M, EPS loss $0.22; after-tax realized income $233.1M ($0.75/share).
Ares Management Q2 2022: fee-related earnings $219.8M, AUM growth 35%+, declares $0.61 dividend
GAAP net income $39.7M ($0.21 EPS); after-tax realized income $233.3M ($0.74 per share).
Ares execs Kaplan and Rosenthal adopt 10b5-1 plans to sell up to 500k shares each
David Kaplan's plan allows up to 500,000 shares; earliest sale Oct 17, 2022; expires Apr 30, 2023.
Ares Management annual meeting elects directors, ratifies EY, approves say-on-pay
All 10 director nominees elected; votes ranged from 760.8M to 831.1M in favor.
Ares Management insider Antony Ressler adopts 10b5-1 plan to sell up to 1.5M shares
Antony P. Ressler, executive officer and director, entered a 10b5-1 trading plan on May 9, 2022, to sell up to 1,500,000 shares of ARES Class A common stock.
Ares Q1 FRE $205.7M (+59% YoY); dividend $0.61; record $92B available capital
GAAP net income $45.9M ($0.24 diluted EPS); after-tax realized income $206.7M ($0.65/share).
Revolver commitments increased to $1,275,000,000 with accordion feature for additional $375,000,000.
Ares Management executive Kipp de Veer adopts 10b5-1 plan to sell up to 281,498 shares
Plan adopted March 7, 2022; trading may begin no sooner than July 6, 2022.
Ares Q4 GAAP net income $124.1M; AUM hits $300B, up 55% YoY
GAAP net income attributable to Ares $124.1M in Q4 2021 ($0.66 diluted EPS); full year $408.8M ($2.15 diluted EPS).
Ares Management subsidiary issues $500M of 3.650% Senior Notes due 2052
Issued $500M aggregate principal of 3.650% Senior Notes due Feb 1, 2052 via Ares Finance Co. IV LLC.
Ares Management prices $500M of 3.650% Senior Notes due 2052
$500M aggregate principal, 3.650% coupon, maturing 2052.
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.
Effective as of January 1, 2023, the board of directors (the “Board”) of Ares Management Corporation (the “Company”) appointed Ashish Bhutani as a Class II director to fill the one vacancy on the Board.
Effective as of December 31, 2021, the board of directors (the “Board”) of Ares Management Corporation (the “Company”) increased the size of the Board from nine to eleven members and appointed Eileen Naughton as a Class II director to fill one of the vacancies created by such increase.
Jarrod Phillips, who is a Partner and Chief Accounting Officer at the Company, has been appointed as Chief Financial Officer of the Company effective August 4, 2021.
On August 4, 2021, Michael R. McFerran was involuntarily terminated as Partner, Chief Operating Officer and Chief Financial Officer of Ares Management Corporation
Max materiality 0.85 · Median 0.65 · Most common event earnings