MARKET COMPOSITE
ARES - Ares Management Corp7:08:37 PM 4/25/2024
Price
$135.11
-0.84 (-0.62%)
Ares Management Corporation is a global alternative investment manager operating three integrated businesses across credit, private equity and real estate. In 1997, Ares was founded by a veteran team of investment professionals to pursue investment opportunities and deliver flexible capital across all levels of a company's structure and in different market environments. Ares is headquartered in Los Angeles, with additional offices across North America, Europe, and Asia. Ares reported over $149Bn in assets under management at the end of March 2020. Around 76% of assets are in the credit business, 12% are in private equity, and 9% is in real estate as of last quarter.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue1.9B-
Operating Income724.2MM-
Operating Expenses1.4B-
Net Income--
G&A307.2MM+45%
Compensation751.6MM-
Interest Expense--
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Stock news

    A group led by brand-management firm WHP Global plans to buy a substantial majority of the company’s retail stores and operations.

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    Ares Management is the No. 1 private credit manager globally, a position that is helping Ares stock weather higher rates.

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    (Bloomberg) -- Alternative investment manager Ares Management Corp. has sent a proposal in recent days to some banks to buy out a stake in a HK$10.2 billion ($1.3 billion) project loan backing luxury-property development The Corniche in Hong Kong, according to people familiar with the matter. Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBlackstone Nears Buyout of Skin-Care Company L’OccitaneWhy India’s South Rejects Modi — And W

    HOUSTON, April 08, 2024--EPIC Y-Grade, LP ("EPIC" or "the Company") today announced that it has completed the issuance of a new $1,075 million senior secured Term Loan B due 2029. The Company used the net proceeds from the Term Loan to repay its existing $989 million Term Loan B due 2027 and repay its existing $77 million facility on a standalone propane line. As part of the transaction, the Company also increased its current super-priority revolving credit facility to $70 million from $40 milli