Ares Management

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Ares Management, L.P. is a publicly traded alternative global asset manager focused on alternative strategies, including credit, private equity, and real estate activity.

Video Ares Management

Histori

The company was founded in 1997. The founders of the company include Antony Ressler, Michael Arougheti, David Kaplan, John H. Kissick, and Bennett Rosenthal.

Ares Capital Management LLC, a subsidiary of Ares Management, LP and a registered SEC investment adviser, is an investment adviser to Ares Capital Corporation, a privately-held, non-diversified finance company set up as a business development company, or BDC, under the Investment Company Law 1940. Established in 2004, Ares Capital Corporation provides financing for mid-market acquisition, recapitalization, and debt purchases, especially in the United States.

Ares Management Limited, a subsidiary of Ares Management, L.P., was established in 2006 as an expansion of the Ares business platform to Europe. Thus, focus on Ares European capital market operations. Ares Management Limited is authorized under the Financial Behavior Authority (FCA) in the United Kingdom to provide certain investment consulting services. In May 2007, minority interests in the company were acquired by international institutional investors, the Abu Dhabi Investment Authority. Investors are experienced in alternative asset classes and do not get voting rights or governance through their investments.

In May 2014, Ares Management completed its initial public offering and is currently listed on the New York Stock Exchange.

In April 2016, Ares Management closed its fifth global private equity fund, raising $ 7.85 billion (EUR6.95 billion).

In May 2016, Ares Management announced to buy asset management company American Capital; The $ 3.4 billion deal closes in January 2017.

Maps Ares Management

Operation

Business platform

Ares's investment activities are made through three business platforms:

Ares Credit Group manages liquid and illiquid credit strategies across the universe of non-investment grade loans, with approximately $ 60.0 billion in assets managed on May 10, 2016. Credit strategies include corporate loans, high, institutional credit, credit opportunities, special situations, asset support, direct loans in the US and Europe. US Ares corporate lending activities are mainly made through Ares Capital Corporation and a separate commercial finance business that provides asset-based loans and cash flow to small and mid-market companies. Europe's Ares direct lending platform focuses on self-generated investment in illiquid mid-market credit across mixed funds, separately managed accounts, and joint venture lending programs.
The Ares Private Equity Group makes an opportunistic majority or joint control investment, especially in a capitalized medium-sized enterprise and manages investments in US electricity and utility assets across power, transmission and midstream generating sectors. Private Equity Group manages approximately $ 23.3 billion in assets managed through four private equity funds companies allocated in North America and, to a lesser extent, Europe, a Chinese growth fund and four mixed funds and six common investment vehicles that focuses on the US. electrical assets and infrastructure starting May 10, 2016.
Ares Real Estate Group manages equity investments and public and private debt in real estate assets in North America and Europe. With approximately $ 10.2 billion in managed assets, the Real Estate Group manages multiple investment vehicles including publicly traded REIT, Ares Commercial Real Estate Corporation, the US and European private real estate equities incorporating real estate funds and equity accounts and accounts payable separately as of May 10, 2016.