$12.8 Billion in New Commitments Closed in the Second Quarter, Reaching a Record of $38.3 Billion Closed in the 12 Months Ended June 30, 2024 NEW YORK, NY / ACCESSWIRE / August 2, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.8 billion in U.S. direct lending commitments across 93 transactions during the second quarter of 2024 and approximately $38.3 billion in direct lending commitments across 295 transactions in the 12 months ended June 30, 2024. The $38.3 billion of commitments over the 12-month period represents a new record for the U.S. Direct Lending business.
Get a deeper insight into the potential performance of Ares Management (ARES) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Ares Management (ARES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Diversified asset manager Ares Management Corporation (ARES) is growing and has delivered strong dividends for shareholders.
NEW YORK, NY / ACCESSWIRE / July 1, 2024 / Ares Management Corporation announced today that it will report earnings for the second quarter ending June 30, 2024 on Friday, August 2, 2024 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m.
Ares Management (ARES) is exploring a potential merger deal with GLP Capital, a real estate investment firm.
NEW YORK, NY / ACCESSWIRE / May 31, 2024 / Ares Management Corporation (NYSE:ARES) announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the TD Financial Services & Fintech Summit on Thursday, June 6, 2024 at 3:40pm ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at ir.aresmgmt.com.
Ares Management (ARES) aims to increase its AUM to more than $750 billion by 2028, driven by scaling existing funds, and launching and growing new strategies.