Ares Management

Ares Management

Los Angeles, United StatesEst. 19971769 employeeswww.aresmgmt.com
$447.00B AUM
buyoutprivate equityinfrastructurereal estateprivate debtsecondary
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had approximately $447 billion of assets under management with approximately 3,000 employees operating across North America, Europe, Asia Pacific and the Middle East.

Manager news

Strategies

StrategySecondary
Private Debt SecondarySecondary
The Ares Secondaries Group formalized its Credit Secondaries strategy in 2023, seeking to capitalize on the growth of the market and Ares’ leadership across the credit and secondaries asset classes. Our strategy is focused on constructing diversified portfolios of secondary credit interests, focusing on first lien debt with top performing managers. Our dedicated team represents a combination of our credit and secondaries capabilities, leveraging extensive industry experience and a cycle-tested investment approach that enable us to identify attractive risk-adjusted opportunities.
Infrastructure OpportunitiesInfrastructure
Our infrastructure opportunities team is a market leader in infrastructure investing with a current focus on climate and sustainable infrastructure. Historically, the team has also invested in the natural gas generation and energy transportation sectors. We have deployed $12 billion in over 350 assets and companies. Our experience across market cycles allows us to seek opportunities in the rapidly evolving infrastructure industry. We target essential infrastructure assets and companies with stable cash flow profiles through long-term contracts and high barriers to entry. We emphasize value creation and aim to enhance returns through balanced investing across the capital stack and the asset life cycle, including development, construction and operations. Energy Transition
Infrastructure SecondarySecondary
Launched in 2014, our Infrastructure Secondaries strategy seeks to accelerate the benefits of traditional infrastructure by providing diversified low risk exposure through preferred structure, traditional limited partnership and GP-led continuation vehicle transactions. We believe our tenured secondaries infrastructure investment team has specialized experience across the capital structure with diversified underwriting experience spanning various infrastructure sub-sectors. Our infrastructure secondaries program capitalizes on synergies with our private equity and real estate programs and leverages the depth and experience of our Quantitative Research Group to bolster our deployment activities. This, combined with the breadth of the Ares Infrastructure Debt and Equity platforms, creates a scale that can provide significant sourcing, diligence and execution edges.
Private Equity SecondarySecondary
The Ares Secondaries Group launched one of the market’s first private equity secondaries funds in 1990 and has continued to be one of the pioneers in the secondaries market. Our Private Equity Secondaries strategy maintains a differentiated investment approach that utilizes our internal research processes to help provide customized transaction solutions to institutional investors and fund sponsors. We provide LP-led, GP-led and structured secondary solutions with a long-term and demonstrated performance history for our clients and partners. Our ability to be a thought partner with our counterparties and our use of innovative structures enhances our ability to underwrite investment opportunities as we seek to generate attractive risk-adjusted returns.
Real Estate SecondarySecondary
Our Real Estate Secondaries strategy has a demonstrated history of innovation through bespoke transaction solutions tailored to meet the needs of limited partners and general partners alike. We are generally recognized as originating the first significant transaction in the secondary market for private real estate funds in 1996. Since completing this large scale institutional real estate secondary transaction, we have positioned ourselves to capitalize on inefficiencies in the secondary market, through the development of a well-tenured dedicated investment team, in-house research, cross-platform resources and an extensive network across investor and fund sponsor communities. The cornerstone of our investment philosophy seeks to generate attractive risk-adjusted returns while creating a high degree of diversification across resilient real estate sectors and partnerships.
Private DebtPrivate Debt
We are experienced credit evaluators who take a value-oriented approach, using fundamental bottom-up research to identify investments that offer attractive relative value in comparison to their fundamental credit risk profile. We are a long-term, value oriented direct lender, targeting companies with a history of stable cash flows, demonstrated competitive advantages and experienced management teams. We place a high priority on market-leading companies with identifiable growth prospects that we believe can generate significant free cash flow. Our direct lending business in the U.S. is conducted through Ares Capital Corporation (NASDAQ: ARCC), a leading specialty finance company, and certain private funds and accounts. ARCC is the largest business development company in the United States by market capitalization(1). We also manage a commercial finance business that provides asset-backed and cash flow loans to small and middle-market companies, as well as asset-based facilities to specialty finance companies. Our European direct lending platform is one of the most significant participants in the European middle-market, focusing on self-originated investments in illiquid middle-market credits. We manage multiple commingled funds and separately managed accounts.
Private Equity - Corporate OpportunitiesBuyout
Our flagship corporate opportunities strategy pursues investments in growth-oriented middle market companies in North America and Europe. Our senior investment professionals average over 21 years of experience investing in, advising, underwriting and restructuring leveraged companies. We seek to invest in high-quality middle market companies in our core industries - Healthcare, Services, Industrials and Consumer - where we can utilize our extensive growth-oriented investing experience, proprietary Value Creation System and our ability to flex into distressed to seek to generate consistent returns across market environments. We seek to generate attractive returns by identifying and investing in middle market inefficiencies. We will also seek to generate predictable alpha during our investment period by utilizing (i) our experience of systematically and sustainably helping build great businesses and (ii) our proprietary Value Creation System to help our companies drive long-term revenue and EBITDA CAGRs in excess of industry averages and market expectations.

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