Ares Management (ARES) Aims $750 Billion in AUM by 2028

On its 2024 investor day, Ares Management Corporation (ARES) set out numerous targets for the next five years. ARES has been benefiting from high interest rates and robust demand for private credit. The company will focus on credit, wealth and insurance for its growth.ARES expects to increase assets under management (AUM) to more than $750 billion by the end of 2028. This indicates an increase of more than 75$419 billion. This will be driven by scaling existing funds, ...