secwatch / observer

Ares Management Corp — fact timeline

Source-grounded facts extracted from Ares Management Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ARES Ares Management Corp JSON
Shareholder Votes

Ares Management Corp shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for 2026 at the 2026-06-08 meeting.

“The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's 2026 fiscal year was approved based on the following votes:”
Shareholder Votes

Ares Management Corp shareholders approved Election of Directors at the 2026-06-08 meeting.

“The nominees listed below were elected as directors of the Company to serve for one-year terms expiring at the 2027 Annual Meeting of Stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal, based on the following votes:”
Material Agreements

Ares Management Corp amended "Amendment No. 14" (the "Credit Facility Amendment") to the Sixth Amended and Restated Credit Agreement with the lenders party thereto and JPMorgan Chase Bank, N.A., as agent valued at $2,500,000,000 (effective 2026-05-21).

“On May 21, 2026, Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into Amendment No. 14 (the “Credit Facility Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of April 21, 2014 (as amended through and including the Credit Facility Amendment, the “Credit Agreement”), by and among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as agent.”
Debt Financings

Ares Management Corp amended revolving credit of $2,500,000,000 with JPMorgan Chase Bank, N.A., as agent at removes the credit spread adjustment for Term SOFR maturing May 21, 2031.

“The Credit Facility Amendment, among other things, (i) extends the maturity of the credit facility under the Credit Agreement to May 21, 2031, (ii) increases the revolver commitments under the Credit Agreement to $2,500,000,000”
Earnings Releases

Ares Management Corp reported the first quarter ended March 31, 2026 results: net income $142.6 million, EPS $0.46.

“Corporation (NYSE:ARES) today reported its financial results for its first quarter ended March 31, 2026. GAAP net income attributable to Ares Management Corporation was $142.6 million for the quarter ended March 31, 2026. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was”
Material Agreements

Ares Management Corp entered into Credit Agreement with Bank of America, N.A., as administrative agent, and the lenders party thereto valued at $400 million (effective 2026-03-27).

“On March 27, 2026 (the “Closing Date”), Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among Ares Holdings, as borrower, the subsidiaries of the Company party thereto, as guarantors, the lenders party thereto and Bank of America, N.A., as administrative agent, that provides a term loan facility in an aggregate commitment amount of $400 million.”
Debt Financings

Ares Management Corp incurred term loan of $400 million with Bank of America, N.A. at Term SOFR Rate plus an applicable margin or Base Rate plus an applicable margin, maturing March 27, 2029.

“On March 27, 2026 (the “Closing Date”), Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), by and among Ares Holdings, as borrower, the subsidiaries of the Company party thereto, as guarantors, the lenders party thereto and Bank of America, N.A., as administrative agent, that provides a term loan facility in an aggregate commitment amount of $400 million.”

Michael J Arougheti changed role as President at Ares Management Corp.

“Michael J Arougheti stepped down as President.”

Blair Jacobson was appointed as Co-President at Ares Management Corp.

“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.”

R. Kipp deVeer was appointed as Co-President at Ares Management Corp.

“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.”
Governance Changes

Ares Management Corp: Filed Certificate of Designations to establish Series B Mandatory Convertible Preferred Stock (effective 2024-10-10).

“the Company filed a Certificate of Designations (the “Certificate of Designations”) with the Delaware Secretary of State on October 10, 2024, to establish the designations, powers, preferences and rights of the Series B Mandatory Convertible Preferred Stock and the qualifications, limitations and restrictions thereof. The Certificate of Designations became effective upon such filing.”
Earnings Releases

Ares Management Corp reported first quarter ended March 31, 2024 results: net income $73.0 million, EPS $0.33.

“On May 2, 2024, the registrant issued a press release announcing its financial results for the first quarter ended March 31, 2024.”
Material Agreements

Ares Management Corp amended Amendment No. 12 with JPMorgan Chase Bank, N.A. (as agent) and the lenders party thereto valued at $1,400,000,000 (effective 2024-03-28).

“On March 28, 2024, Ares Holdings L.P., a Delaware limited partnership (“Ares Holdings” or the “Borrower”) and certain subsidiaries of Ares Management Corporation (the “Company”) entered into Amendment No. 12 (the “Credit Facility Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of April 21, 2014 (as amended through and including the Credit Facility Amendment, the “Credit Agreement”), by and among the Borrower, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as agent.”
Earnings Releases

Ares Management Corp reported fourth quarter and year ended December 31, 2023 results: net income $174.0 million and $474.3 million, respectively, EPS $0.88 and $2.44, respectively, for the quarter and year ended December 31, 2023.

“On February 8, 2024, the registrant issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.”
Debt Financings

Ares Management Corp incurred senior notes of $500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.375% per annum maturing November 10, 2028.

“On November 10, 2023, Ares Management Corporation (the “Company”) issued $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “Notes”) pursuant to a previously announced underwritten public offering (the “Offering”).”
Material Agreements

Ares Management Corp entered into Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2023-11-10).

“On November 10, 2023, Ares Management Corporation (the “Company”) issued $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “Notes”)”
Earnings Releases

Ares Management Corp reported financial results for the third quarter ended September 30, 2023.

“On October 31, 2023, the registrant issued a press release announcing its financial results for the third quarter ended September 30, 2023.”
Earnings Releases

Ares Management Corp reported second quarter ended June 30, 2023 results: net income 144.5 million, EPS 0.75.

“GAAP net income attributable to Ares Management Corporation was $144.5 million for the quarter ended June 30, 2023. On a basic basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.75 for the quarter ended June 30, 2023.”
Shareholder Votes

Ares Management Corp shareholders approved Approval of Ares Management Corporation 2023 Equity Incentive Plan at the 2023-06-12 meeting.

“Proposal 3 The stockholders approved the Ares Management Corporation 2023 Equity Incentive Plan, based on the following votes : FOR AGAINST ABSTAIN BROKER NON-VOTES 769,111,843 92,394,321 1,164,372 11,032,530”
Shareholder Votes

Ares Management Corp shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm at the 2023-06-12 meeting.

“Proposal 2 The proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the Company’s 2023 fiscal year was approved based on the following votes: FOR AGAINST ABSTAIN 872,897,927 775,392 29,747”
Shareholder Votes

Ares Management Corp shareholders approved Election of Directors at the 2023-06-12 meeting.

“The nominees listed below were elected as directors of the Company to serve for one-year terms expiring at the 2024 Annual Meeting of Stockholders once their respective successors have been duly elected and qualified or until their earlier resignation or removal, based on the following votes:”
Earnings Releases

Ares Management Corp reported the first quarter ended March 31, 2023 results: net income $94.0 million, EPS $0.49.

“GAAP net income attributable to Ares Management Corporation was $94.0 million for the quarter ended March 31, 2023. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.49 for the quarter ended March 31, 2023.”
Earnings Releases

Ares Management Corp reported the fourth quarter and full year ended December 31, 2022 results: net income $117.5 million and $167.5 million, respectively, for the quarter and year ended December 31, 2022, EPS $0.64 and $0.87, respectively, for the quarter and year ended December 31, 2022.

“On February 9, 2023, the registrant issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2022.”

Ashish Bhutani was appointed as Class II director at Ares Management Corp.

“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.”
Earnings Releases

Ares Management Corp reported third quarter ended September 30, 2022 results: net income GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022, EPS On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting c.

“ARES MANAGEMENT CORPORATION REPORTS THIRD QUARTER 2022 RESULTS NEW YORK--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2022. GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022. On a basic and diluted basis, net loss attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.22 for the quarter ended September 30, 2022. After-tax realized income was $233.1 million for the quarter ended September 30, 2022. After-tax realized income per share of Class A and non-voting common stock was $0.75 for the quarter ended September 30, 2022. Fee related earnings were $233.2 million for the quarter ended September 30, 2022.”

Eileen Naughton was appointed as Class II Director at Ares Management Corp.

“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 was appointed as Chief Financial Officer at Ares Management Corp.

“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.”

Michael R. McFerran departed as Partner, Chief Operating Officer and Chief Financial Officer at Ares Management Corp.

“On August 4, 2021, Michael R. McFerran was involuntarily terminated as Partner, Chief Operating Officer and Chief Financial Officer of Ares Management Corporation”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.