Equity Overview
Price & Market Data
Price: $123.2
Daily Change: -$6.69 / 5.43%
Daily Range: $122.4 - $130.1
Market Cap: $40,350,248,960
Daily Volume: 5,806,923
Performance Metrics
1 Week: -8.05%
1 Month: -24.13%
3 Months: -13.69%
6 Months: -31.17%
1 Year: -31.46%
YTD: -23.80%
Company Details
Employees: 3200
Sector: Finance
Industry: Investment managers
Country:
Details
Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. Its Direct Lending Group segment provides financing solutions to small-to-medium sized companies. The company's Private Equity Group segment focuses on majority or shared-control investments primarily in under-capitalized companies. Its Real Estate Group segment invests in new developments and the repositioning of assets, with a focus on control or majority-control investments; and originates and invests in a range of self-originated financing opportunities for middle-market owners and operators of commercial real estate. The firm prefers to invest between $1 million and $400 million in companies having EBITDA between $10 million and $250 million and debt investment value between $10 million and $100 million. The firm was previously known as Ares Management, L.P. Ares Management Corporation was founded in 1997 and is headquartered in Los Angeles, California with additional offices in the United States, Europe and Asia. Ares Management GP LLC is the general partner of the company.