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 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 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 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).
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 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 $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).
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 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 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 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 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 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 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 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 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).
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