Workflow
Ares(ARES)
icon
Search documents
Ares Completes Acquisition of BlueCove to Launch Systematic Credit Strategy
Businesswire· 2026-02-03 08:00
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive i ...
Elara Caring Secures New Strategic Investment from Ares and DaVita
Businesswire· 2026-02-02 20:00
Core Viewpoint - Elara Caring has entered into a strategic investment agreement with Ares' Private Equity Group and DaVita to enhance access to personalized, clinically advanced home care for patients with complex and acute needs [1][2]. Company Overview - Elara Caring is a leading national provider of skilled home health, hospice, behavioral health, and personal care services, operating in 18 states and serving over 60,000 patients daily across 200 locations [6]. - The company is committed to quality and a patient-first culture, focusing on delivering care when and where patients need it most [6]. Investment Details - The investment aims to support Elara's growth by expanding its capacity for specialized in-home care and launching innovative care models [2]. - Ares brings experience in growing high-performing healthcare businesses, while DaVita contributes clinical and operational expertise in value-based care, positioning Elara to improve outcomes and address gaps in post-acute care [2][3]. Collaborative Efforts - Elara and DaVita plan to co-develop a kidney-specific home-based care model, leveraging Elara's clinical capabilities and DaVita's insights to reduce preventable hospitalizations and lower total care costs [3][4]. - This collaboration aims to provide patients with tailored support at home and ensure continuity of care [3]. Expected Outcomes - The partnership is expected to enhance patient outcomes by providing timely and personalized care, ultimately improving quality of life and reducing unnecessary hospitalizations [4]. - The transaction is subject to customary closing conditions and regulatory approvals, with an expected closing date later in 2026 [4].
Here's Why Ares Management (ARES) is a Strong Growth Stock
ZACKS· 2026-02-02 15:46
Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores are indicators that assist investors in selecting stocks likely to outperform the market within 30 days, rated from A to F based on value, growth, and momentum [2] - The Value Score identifies attractive stocks using ratios like P/E and Price/Sales, focusing on stocks that are undervalued [3] - The Growth Score emphasizes a company's financial health and future outlook, analyzing projected and historical earnings and cash flow for sustainable growth [4] - The Momentum Score helps investors capitalize on price trends by assessing recent price changes and earnings estimate shifts [5] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum [6] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +23.83% since 1988, outperforming the S&P 500 [7] - There are typically over 800 stocks rated 1 or 2, making it essential to utilize Style Scores to narrow down choices [8] - Stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B are recommended for maximizing investment potential [9] - Stocks rated 4 (Sell) or 5 (Strong Sell) should be avoided, even if they have high Style Scores, due to the risk of declining share prices [10] Company Spotlight: Ares Management - Ares Management Corporation, founded in 1997 and based in Los Angeles, is a global alternative investment manager offering solutions across credit, private equity, and real assets [11] - ARES is currently rated 3 (Hold) with a VGM Score of A and a Growth Style Score of A, indicating a projected year-over-year earnings growth of 28% for the current fiscal year [12] - Recent analyst revisions have increased earnings estimates for fiscal 2025, with the Zacks Consensus Estimate rising to $5.08 per share, alongside an average earnings surprise of +2.1% [12]
Ares Management Leads $1.6B Financing For Merger Of Suave And Elida Beauty - Ares Management (NYSE:ARES)
Benzinga· 2026-01-29 16:53
Core Viewpoint - Ares Management Corporation has facilitated $1.6 billion in debt financing for the merger of Suave Brands Company and Elida Beauty, resulting in the formation of a new entity named Evermark, which includes several personal healthcare brands [1][2]. Group 1: Financing and Merger Details - Ares Management's credit platform acted as the administrative agent for the $1.6 billion debt financing related to the merger [1]. - The newly formed company, Evermark, will encompass personal healthcare brands such as Suave, Pond's, Caress, St. Ives, Noxzema, and TIGI [1]. Group 2: Statements from Key Executives - Karen De Castro, a partner at Ares Credit, expressed satisfaction in leading the financing for Evermark, highlighting the strength of Ares' US Direct Lending platform and its consumer vertical [2]. - Tad Yanagi from Yellow Wood emphasized that the strategic financing has bolstered the launch of the combined business and will enhance investment in product quality, innovation, and accessibility [2]. Group 3: Ares Management Overview - As of September 30, 2025, Ares Management has over $595 billion in assets under management, providing primary and secondary investment solutions across various asset classes including credit, real estate, private equity, and infrastructure [2].
Ares Leads $1.6 Billion Debt Financing to Support Suave Brands and Elida Beauty Merger to Create Evermark
Businesswire· 2026-01-29 11:30
Core Viewpoint - Ares Management Corporation has facilitated $1.6 billion in debt financing to support the merger of Suave Brands Company and Elida Beauty, resulting in the formation of Evermark, LLC, a new leading global platform for personal care brands [1][3]. Group 1: Ares Management Corporation - Ares Management Corporation is a prominent global alternative investment manager with over $595 billion in assets under management as of September 30, 2025, offering investment solutions across various asset classes including credit, real estate, private equity, and infrastructure [4]. - The company emphasizes its commitment to providing flexible capital that supports businesses and creates value for investors and communities [4]. Group 2: Evermark, LLC - Evermark, LLC is established as a personal care platform that combines the legacy of Suave Brands and Elida Beauty, featuring a portfolio of well-known brands such as Suave, ChapStick, Q-tips, and others [2][5]. - The company aims to drive sustainable growth through brand-focused leadership, operational discipline, and long-term investment strategies [5]. Group 3: Yellow Wood Partners - Yellow Wood Partners is a consumer-focused private equity firm that invests in both founder-owned and legacy consumer brands, managing over 40 household global brands [6]. - The firm employs a unique investment and operating strategy called Consumer Operating DNA® to unlock brand value and facilitate growth [6].
Ares Management Corporation to Present at the Bank of America Securities 2026 Financial Services Conference
Accessnewswire· 2026-01-27 22:00
NEW YORK, NY / ACCESS Newswire / January 27, 2026 / Ares Management Corporation announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Bank of America Securities 2026 Financial Services Conference on Tuesday, February 10, 2026 at 8:50am ET. A live audio webcast of the presentation will be available on the Investor Resources section of the Company's website at www.aresmgmt.com. ...
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Globenewswire· 2026-01-27 20:33
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Makarora Management LP (“Makarora”) today announced that, together with Ares Alternative Credit funds (“Ares”), it has completed the previously announced acquisition of Plymouth Industrial REIT, Inc. (“Plymouth”) in an all-cash transaction valued at approximately $2.1 billion. Pursuant to the terms of the transaction, Plymouth shareholders will receive cash consideration of $22.00 per share. With the completion of the acquisition, Plymouth will no longer be traded ...
Makarora Completes Acquisition of Plymouth Industrial REIT for $2.1 Billion
Globenewswire· 2026-01-27 20:33
Core Insights - Makarora Management LP, in partnership with Ares Alternative Credit funds, has successfully acquired Plymouth Industrial REIT, Inc. for approximately $2.1 billion in an all-cash transaction [1][2] Company Information - Makarora Management LP is a New York-based investment management firm established in 2024, focusing on providing differentiated capital solutions in the commercial real estate sector, including opportunistic credit, structured capital, and equity [5] - Ares Management Corporation is a leading global alternative investment manager with over $595 billion in assets under management as of September 30, 2025, offering investment solutions across various asset classes including credit, real estate, private equity, and infrastructure [6] - Plymouth Industrial REIT, Inc. is a vertically integrated real estate investment company that focuses on the acquisition, ownership, and management of industrial properties, aiming to provide cost-effective and functional spaces for tenants [7] Transaction Details - Shareholders of Plymouth will receive cash consideration of $22.00 per share, and following the acquisition, Plymouth will no longer be listed on public securities exchanges [2] - KeyBanc Capital Markets Inc. and J.P. Morgan Securities LLC served as financial advisors for Plymouth, while Moelis & Company LLC acted as the lead financial advisor for Makarora [3][4]
Who is Arijit Basu? IndusInd names ex-SBI MD as Chairman after Sunil Mehta steps down
MINT· 2026-01-23 11:04
Leadership Change - IndusInd Bank has appointed Arijit Basu as the new Chairman, effective from January 31, following the resignation of Sunil Mehta after three years in the position [1][2] - Basu's appointment is for a three-year term, pending shareholder approval [1] Background of Arijit Basu - Arijit Basu holds a master's degree in arts from the University of Delhi and is a Certified Associate of the Indian Institute of Bankers [1] - Prior to this role, Basu was the Chairman of HDB Financial Services Ltd and served as Managing Director of the State Bank of India [2] - He has also held positions as MD and CEO of SBI Life Insurance Company Ltd and is currently an Independent Director on several boards, including Prudential Plc and CleanMax Enviro Energy Solutions [3] Recent Challenges Faced by IndusInd Bank - The bank reported its largest quarterly loss of ₹2,328.9 crore for the three months ending March 31, attributed to increased provisioning and reduced income amid governance and accounting concerns [3] - This loss was compounded by the resignations of former CEO Sumant Kathpalia and Deputy CEO Arun Khurana earlier this year [3] - IndusInd Bank's shares fell by 10% in 2025, making it the worst performer on the Nifty private bank index, which saw a gain of nearly 16% [4] - The bank has faced criticism from investors regarding inadequate oversight and delays in disclosing accounting issues related to its derivative portfolio [4] - In response to these challenges, IndusInd has appointed a new chief financial officer, chief human resources officer, and several other senior executives [4]
Ares Raises $7 Billion For Credit Secondaries Strategy
Benzinga· 2026-01-13 22:03
Group 1 - Ares Management Corporation has raised approximately $7.1 billion for its Credit Secondaries strategy, including the final closing of its inaugural Ares Credit Secondaries Fund (ACS) [1] - The ACS Fund achieved approximately $4 billion in LP equity commitments, doubling its initial target of $2 billion, marking Ares' largest inaugural institutional fundraise [1] - The Ares Credit Secondaries strategy aims to build a diversified portfolio primarily consisting of senior secured, private equity-backed, and floating-rate private credit portfolios [2] Group 2 - The success of the ACS fundraise highlights Ares' early-mover advantage in credit secondaries and the strength of its investment platform [3] - Ares' Credit Secondaries strategy is supported by a large, dedicated team and combines decades of credit and secondaries experience with a disciplined investment approach focused on diversification and downside protection [3] - As of September 30, 2025, Ares managed over $38 billion in assets across various sectors, including private equity, real estate, infrastructure, and credit [3]