Ares Management
OverviewSuggest Edit
Ares Management operates as an alternative asset manager. It focuses on alternative strategies, including credit, private equity and real estate activities.
| Type | Public | |
| Founded | 1997 | |
| HQ | Los Angeles, CA, US | Map |
| Website | aresmgmt.com | |
| Employee Ratings | More |
Recent NewsAll News
- Front Yard Residential Signs Amended Merger Agreement with Pretium and Ares Management
- Front Yard Residential's stock soars after buyout deal with Pretium, Ares Management valued at $2.4 billion
- Pretium and Ares Management Announce $2.4-Billion Take-Private Transaction with Front Yard Residential
- Front Yard Residential Enters into Definitive Agreement to be Acquired by Pretium and Ares Management for $13.50 Per Share in Cash
Key People/Management at Ares Management
Michael Arougheti
Director, Co-Founder, Chief Executive Officer and President
Ryan Berry
Partner, Chief Marketing & Strategy Officer
Kipp deVeer
Partner, Head of Credit Group
Adam Heltzer
Managing Director and Head of ESG
David Kaplan
Co-Founder, Director, Partner and Co-Head of Private Equity Group
Michael McFerran
Partner, Executive Vice President, Chief Financial Officer and Chief Operating Officer
Ares Management Office Locations
Ares Management has offices in Los Angeles, Arlington, Atlanta, Charlotte and in 22 other locations
Los Angeles, CA, US (HQ)
2000 Avenue of the Stars 12th floor
Arlington, VA, US
1001 19th St N #1200
Atlanta, GA, US
3344 Peachtree Rd NE #1950
Charlotte, NC, US
615 S College St office 08 - 148
Chicago, IL, US
71 S Wacker Dr #3500
Culver City, CA, US
800 Corporate Pointe #300
Ares Management Financials and Metrics
Ares Management Revenue
Ares Management's revenue was reported to be $1.75 b in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 411.2m |
Net income (Q1, 2021) | 164.3m |
Market capitalization (12-May-2021) | 8.3b |
Closing stock price (12-May-2021) | 51.0 |
Cash (31-Mar-2021) | 609.9m |
EV | 8.5b |
Ares Management's current market capitalization is $8.3 b.
Annual
Quarterly
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 131.6m | 175.2m | 181.7m | 175.8m | 143.9m | 241.7m | 533.9m | 283.7m | 266.1m | 204.2m | 240.8m | 304.7m | 286.9m | 272.6m | 429.4m | 266.9m | 292.4m | 411.2m | |||
General and administrative expense | 39.5m | ||||||||||||||||||||
Operating expense total | 39.5m | ||||||||||||||||||||
Interest expense | 319.0m | 48.7m | 463.7m | 293.8m | 39.6m | 15.5m | 17.4m | 73.3m | 59.2m | 29.4m | 58.9m | 2.2m | 67.9m | 38.8m | 27.9m | 35.3m | 32.8m |
Annual
Quarterly
| USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 350.0 | 87.4m | 152.2m | 1.2b | 890.0m | 868.8m | 609.9m | |||||||||||||||
Accounts Receivable | 77.3m | |||||||||||||||||||||
Prepaid Expenses | 650.0 | |||||||||||||||||||||
Goodwill | 85.8m | 144.1m | 144.2m | 144.1m | 143.8m | 143.8m | 143.9m | 144.0m | 143.8m | 143.8m | 143.8m | 143.8m | 143.7m |
Annual
Quarterly
| USD | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 467.6m | 388.3m | 400.7m | 646.1m | 56.2m | (13.6m) | 73.8m | 191.6m | (156.3m) | (42.5m) | 41.4m | 74.4m | 88.6m | 135.8m | 121.6m | 196.5m | 288.3m | (275.8m) | (59.1m) | 82.2m | 164.3m |
Depreciation and Amortization | 19.9m | ||||||||||||||||||||
Accounts Payable | 73.2m | ||||||||||||||||||||
Cash From Operating Activities | 2.4b | 1.5b | (15.5m) | 1.3b | (521.6m) | (25.2m) | 69.0m | (259.4m) | (291.8m) | (304.2m) | (1.2b) | 80.5m | (1.3b) | (1.7b) | (349.8m) | (1.3b) | (1.7b) | (363.2m) | (150.8m) | 12.5m | (741.1m) |
Ares Management Cybersecurity Score
Ares Management Environment, Social & Governance (ESG) Ratings
Ares Management Online and Social Media Presence
Ares Management's Trends
Ares Management News and Updates
November 23, 2020
Front Yard Residential Signs Amended Merger Agreement with Pretium and Ares Management
CHRISTIANSTED, U.S. Virgin Islands, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Front Yard Residential Corporation (“Front Yard” or the “Company”) (NYSE: RESI), an industry leading provider of high-quality and affordable rental homes, announced today that it has amended its definitive merger agreement with …
October 19, 2020
Front Yard Residential's stock soars after buyout deal with Pretium, Ares Management valued at $2.4 billion
Shares of Front Yard Residential Corp. soared 33% toward a more than 3-year high in premarket trading Monday, after the U.S. Virgin Islands-based rental homes company announced an agreement to be acquired in deal valued at $2.4 billion by a partnership led by Pretium and funds managed by Ares Manag…
October 19, 2020
Pretium and Ares Management Announce $2.4-Billion Take-Private Transaction with Front Yard Residential
NEW YORK and LOS ANGELES, Oct. 19, 2020 /PRNewswire/ -- Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation (NYSE: ARES) today announced a strategic partnership to acquire Front Yard Residential...
October 19, 2020
Front Yard Residential Enters into Definitive Agreement to be Acquired by Pretium and Ares Management for $13.50 Per Share in Cash
Transaction Valued at Approximately $2.4 Billion
October 22, 2019
Ares Management sells Meade Pipeline stake to NextEra Energy
Ares Management Corp said Oct. 22 that agreed to sell a 22.5 percent stake in Meade Pipeline Co LLC to NextEra Energy Partners LP for about $286 million. Meade owns about 39 percent of Central Penn Line, an 185-mile pipeline that originates in Susquehanna County, Pennsylvania, and extends to Lancast…
April 13, 2019
AEDAS Homes hat einen Vertrag mit einem von Ares Management verwalteten Fonds abgeschlossen, um in Madrid 500 Wohneinheiten nach einem Build-to-Rent-(BTR)-Schema zu errichten
l AEDAS Homes ist durch eine strategische Allianz für die schlüsselfertige Errichtung von 500 Mietwohnungen in der Region Madrid in den BTR-Markt eingetreten. l Diese strategische Allianz wird durch einen Fonds durchgeführt, der von einer verbundenen Gesellschaft der Ares Management...
Ares Management Frequently Asked Questions
When was Ares Management founded?
Ares Management was founded in 1997.
Who are Ares Management key executives?
Ares Management's key executives are Michael Arougheti, Ryan Berry and Kipp deVeer.
How many employees does Ares Management have?
Ares Management has 1,100 employees.
What is Ares Management revenue?
Latest Ares Management annual revenue is $1.8 b.
What is Ares Management revenue per employee?
Latest Ares Management revenue per employee is $1.6 m.
Who are Ares Management competitors?
Competitors of Ares Management include The Carlyle Group, Federated Hermes and Center Rock Capital Partners.
Where is Ares Management headquarters?
Ares Management headquarters is located at 2000 Avenue of the Stars 12th floor, Los Angeles.
Where are Ares Management offices?
Ares Management has offices in Los Angeles, Arlington, Atlanta, Charlotte and in 22 other locations.
How many offices does Ares Management have?
Ares Management has 33 offices.
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