Core Viewpoint - An aggressive sell-off in the stock market is driven by investor fears that AI will disrupt the software industry, impacting major money management firms on Wall Street [1] Company Insights - Blue Owl reported $300 billion in assets under management (AUM) for the first time, but its stock fell about 4% following quarterly results, leading to nearly 30% losses over the past month [3] - Blue Owl's exposure to software loans constitutes 8% of its total private credit exposure, with about half of its AUM in its private credit platform [4] - Ares Management disclosed that its investment exposure to the software industry is less than 9% of its total private credit AUM, which crossed $600 billion in the fourth quarter, with over $400 billion in its credit platform [6] Market Dynamics - Concerns about the software industry are linked to the potential for significant losses, with estimates suggesting that a 70% value destruction in software companies would be necessary for current market losses to be justified [5] - UBS strategists indicated that private credit loans face the highest default-rate risk compared to other credit market segments in scenarios of aggressive disruption [5]

Ares Management Corporation Reports Fourth Quarter and Full Year 2025 Results NEW YORK--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2025. GAAP net income attributable to Ares Management Corporation was $54.2 million for the quarter ended December 31, 2025. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non- voting common stock was $0.08 for the quarter ended ...

Ares Management Corp. Chief Executive Officer Michael Arougheti says many private market companies are "well-hedged" against changes caused by AI. He speaks on "Bloomberg Open Interest." ...

Shares of Ares Management ( ARES ) have been a poor performer over the past year, losing about 30% of their value. Shares pushed towards a 52-week low this week, given a confluence of pressures. Private credit has, of course, been an increasing concern for investors following severalOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or ha ...

Ares Management (ARES) came out with quarterly earnings of $1.45 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -15.20%. A quarter ago, it was expected that this private equity firm would post earnings of $1.14 per share when it actually produced earnings of $1.19, delivering a surprise of +4.39%.Over the last four quarters, ...

Record $19.4 Billion in New Commitments Closed in the Fourth Quarter and, $55.0 Billion Closed in the 12 Months Ended December 31, 2025 NEW YORK, NY / ACCESS Newswire / February 5, 2026 / Ares Management Corporation (NYSE:ARES) announced today that Ares Credit funds (collectively "Ares") closed record U.S. direct lending commitments of approximately $19.4 billion across 119 transactions during the fourth quarter of 2025 and approximately $55.0 billion across 358 transactions in the 12 months ended December ...

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2025. GAAP net income attributable to Ares Management Corporation was $54.2 million for the quarter ended December 31, 2025. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.08 for the quarter ended December 31, 2025. After-tax realized income was. ...

Financial Performance - Q4 2025 GAAP basic and diluted earnings per share were $0.08 and $1.71, respectively, with net income attributable to Ares Management Corporation of $54.2 million and $527.4 million for the quarter and full year[11]. - Fee Related Earnings increased by 33% to $527.7 million in Q4 2025, and by 30% to $1,775.3 million for the full year[13]. - Realized Income for Q4 2025 was $589.1 million, representing a 24% increase year-over-year, and $1,848.3 million for the full year, a 26% increase[13]. - After-tax Realized Income per share of Class A and non-voting common stock was $1.45 for Q4 2025, an 18% increase from the previous year[13]. - The company reported a realized net investment income loss of $96.0 million for FY-25, compared to a loss of $43.5 million in FY-24[70]. - The company’s income before taxes for FY 2025 was $1.287 billion, slightly up from $1.275 billion in FY 2024, reflecting a growth of 0.1%[102]. - Total performance income-realized from consolidated funds for FY 2025 was $526.3 million, up from $430.2 million in FY 2024, showing a growth of 22.4%[104]. Assets Under Management (AUM) - Total Assets Under Management (AUM) reached $622.5 billion, with Total Fee Paying AUM (FPAUM) at $384.9 billion[11]. - Assets Under Management (AUM) as of December 31, 2025, was $622.5 billion, reflecting a 29% increase from the prior year[16]. - AUM reached $406.9 billion in Q4-25, up from $348.8 billion in Q4-24; FPAUM increased by 19% to $249.8 billion[51]. - Total AUM as of December 31, 2025, was $622.5 billion, with FPAUM at $384.9 billion[86]. - AUM Not Yet Paying Fees was $101.0 billion, which is a 6% increase from the prior year[29]. - Perpetual Capital as of December 31, 2025, was $200.0 billion, marking a 50% increase from the previous year[20]. Capital Deployment and Fundraising - Raised $36.9 billion in gross new capital during Q4 2025, totaling $113.2 billion for the full year, with net inflows of capital of $34.4 billion[11]. - Total Gross Capital Deployment in Q4-25 was $45.8 billion, a 42% increase from $32.1 billion in Q4-24; FY-25 total was $145.8 billion, up 37% from $106.7 billion in FY-24[44]. - The company raised $2.6 billion through the Ares Private Markets Fund (APMF) during the year[19]. - Fundraising activities included $18.4 billion raised by business development companies (BDCs) and $3.6 billion by the open-ended European direct lending fund[15]. Management Fees and Earnings - Management fees for Q4 2025 were $991.1 million, a 27% increase from Q4 2024, and $3,680.5 million for the full year, up 25% from the previous year[12]. - Management and other fees rose by 18% in Q4-25 to $690.3 million, and by 16% for FY-25 to $2.58 billion compared to the previous year[51]. - Total management fees for FY-25 were $3.68 billion, up from $2.96 billion in FY-24[70]. Performance Metrics - The company achieved a year-to-date return of 10.3% for U.S. Direct Lending funds since inception[87]. - The net returns for the alternative credit strategy were 1.7% for Q4-25 and 9.8% for FY-25[71]. - The net returns for the opportunistic credit strategy were 1.5% for Q4-25 and 8.5% for FY-25[71]. - The net returns for the U.S. senior direct lending strategy were 2.5% for Q4-25 and 9.3% for FY-25[71]. - The net returns for the U.S. junior direct lending strategy were 1.6% for Q4-25 and 10.6% for FY-25[71]. - The net returns for the European direct lending strategy were 1.4% for Q4-25 and 5.9% for FY-25[71]. Investment Strategies and Returns - The most active investment strategies included U.S. and European direct lending, real estate, and alternative credit, contributing significantly to capital deployment[49]. - The drawdown fund PCS II reported a gross IRR of 13.0% and a net IRR of 8.2%[88]. - The Corporate Private Equity fund ACOF VI achieved a gross IRR of 21.3% and a net IRR of 16.0%, with an AUM of $8,852 million[93]. - The net fund-level returns for the corporate private equity strategy were (0.6)% for Q4-25 and 2.6% for FY-25[120]. Other Financial Metrics - Interest expense for FY-25 was $171.6 million, reflecting an increase from the previous year[70]. - The company’s total performance (income) loss-unrealized for FY 2025 was $762.5 million, compared to a loss of $109.5 million in FY 2024, indicating a worsening performance[102]. - The company’s total consolidated other income (loss) for Q4 2025 was a loss of $49.6 million, contrasting with a gain of $121.6 million in Q4 2024, reflecting a significant decline[104].

Ares Management Corp (NYSE:ARES) has completed its acquisition of London-based systematic fixed-income manager BlueCove Limited.The BlueCove business will operate as Ares Systematic Credit, the company said in a press release.Ares Systematic Credit is comprised of 60 professionals based in London and specializes in investment and portfolio management, research and engineering. The group will be led by BlueCove's CEO Alex Khein."We are pleased to welcome our new colleagues to Ares as we continue expanding ou ...

The upcoming report from Ares Management (ARES) is expected to reveal quarterly earnings of $1.71 per share, indicating an increase of 39% compared to the year-ago period. Analysts forecast revenues of $1.63 billion, representing an increase of 31.5% year over year.Over the last 30 days, there has been an upward revision of 6.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cou ...