Ares Management (ARES)
Financials · Alternative asset management
A $622.5B global alternative asset manager specializing in credit, real assets, secondaries, and private equity with disciplined risk-adjusted investment strategies across 4,250+ professionals.
What Ares Management does
Ares Management is a leading global alternative investment manager with $622.5 billion in assets under management serving over 2,850 direct institutional relationships and a significant retail investor base. The firm operates four complementary investment groups—Credit, Real Assets, Secondaries, and Private Equity—that deploy capital across the capital structure from senior debt to common equity. Ares generates returns through management fees, performance fees, and carried interest on its diverse investment portfolio spanning companies, structured assets, real estate, infrastructure, and limited partnership interests. The company has grown AUM at a 26% CAGR over the past five years through organic growth, strategic acquisitions, expanded distribution channels, and development of new products including perpetual wealth vehicles and sub-advised accounts.
Themes: ["Alternative investments","Private capital / asset management","Credit investing","Private equity","Real assets","Infrastructure investing","Wealth management distribution","Institutional capital","Risk-adjusted returns","Multi-asset class strategies"]
Fundamentals
- Price$121.66 as of 2026-07-09 close
- Market cap$26.9B as of 2026-07-10
- 1-year return-32.6% as of 2026-07-09 close
- P/E43.25 as of 2026-07-10
- Net margin+10.5% as of 2026-07-10
- ROE+14.5% as of 2026-07-10
- Debt / equity3.33 as of 2026-07-10
- Revenue growth (YoY)+38.5% as of 2026-07-10
- Revenue CAGR (3y)+18.2% SEC XBRL
- Beta1.54 as of 2026-07-10
Dividend: yield +4.6%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Investment performance variability: Ares' business depends on delivering strong risk-adjusted returns through market cycles, and underperformance could lead to investor redemptions and reduced AUM growth.","Market and economic sensitivity: As an alternative investment manager with exposure to credit, real estate, infrastructure, and private equity, Ares is susceptible to downturns in these markets and broader economic contraction.","Regulatory and operational complexity: Operating a global platform with 4,250+ employees across 55+ offices in 25+ countries exposes Ares to diverse regulatory regimes and increases operational, compliance, and cybersecurity risks."]
Competitors & peers
- Apollo Global Management (APO)
- Blackstone (BX)
- KKR (KKR)
- Carlyle Group (CG)
- Brookfield Asset Management (BAM)
- Leucadia National Corporation (LUC)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.