LOS ANGELES--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) announced today the launch of Automated Industrial Robotics Inc. (“AIR” or the “Company”), a newly formed industrial automation company designed to capitalize on increasing global demand for manufacturing automation solutions. An Ares Private Equity fund (“Ares”) has invested substantial equity capital to support AIR’s acquisition and organic growth strategy. AIR is focused on acquiring and facilitating the growth of differentiated in ...

LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Management Credit funds. Established in 2016 to transform how consumers access, use and benefit from credit, Sunbit will leverage the funds to meet ever-increasing consumer demand for the company’s market-dominant Buy Now, Pay Later (BNPL) solution and the next-gen, no-fee Sunbit Card. Arad Levertov, CEO of Sunbit ...

Ralf Hahn Ares Management Corporation (NYSE:ARES) has outperformed most listed alternative asset managers in the past year with a one-year total return of about 57%. This was mainly attributable to its outsized emphasis on private credit, a hot buzzword in alternative investing. Direct lending was ~45% of ARES' AUM in 3Q23, whereas real estate was only ~12% of AUM, helping it navigate away from a tough sector in 2023. Data by YCharts Robust 3Q earnings amidst high interest rates ARES has had a notable 3Q23 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36429 ARES MANAGEMENT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 80-0962035 (State or o ...

Ares Management Corporation (NYSE:ARES) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Carl Drake - Head, Public Market Investor Relations Michael Arougheti - Chief Executive Officer Jarrod Phillips - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Ben Budish - Barclays Brennan Hawken - UBS Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Patrick Davitt - Autonomous Research Mike Brown - KBW ...

Ares Management Corporation Reports Third Quarter Results NEW YORK--Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30,2023. GAAP net income attributable to Ares Management Corporation was $61.8 million for the quarter ended September 30, 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 $0.30 for the quarter ended September 30, 2023. After-tax real ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36429 ARES MANAGEMENT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 80-0962035 (State or other ...

Ares Management Corporation (NYSE:ARES) Q2 2023 Earnings Call Transcript August 1, 2023 12:00 PM ET Company Participants Carl Drake - Head of Public Markets and Investor Relations Michael Arougheti - Co-Founder, CEO, President and Director Jarrod Phillips - Partner and CFO Conference Call Participants Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Benjamin Budish - Barclays Brian McKenna - JMP Securities Patrick David - Autonomous Research Adam Beatty - UBS Michael Cyprys - Morgan Stanle ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-36429 ARES MANAGEMENT CORPORATION (Exact name of Registrant as specified in its charter) Delaware 80-0962035 (State or other ...

Ares Management Corporation (NYSE:ARES) Q1 2023 Earnings Conference Call April 28, 2023 11:00 AM ET Company Participants Carl Drake - Head, Public Markets, IR Michael Arougheti - CEO Jarrod Phillips - CFO Bill Benjamin - Global Head, Real Estate Conference Call Participants Craig Siegenthaler - Bank of America Adam Beatty - UBS Alex Blostein - Goldman Sachs Michael Cyprys - Morgan Stanley Brian Mckenna - JMP Securities Benjamin Budish - Barclays Kenneth Lee - RBC Capital Markets Mike Brown - KBW Rufus Hone ...