ARES News and Press, Ares Management Corporation Class A From 02/09/23

Ares Management press release ( NYSE: ARES ): Q4 GAAP EPS of $0.62 misses by $0.44 . Revenue of $937.72M (-28.4% Y/Y) misses by $7.41M . CEO comment: "Looking forward to 2023, we are embarking on a significant fundraising cycle with seven of our top ten largest institu...

Ares Management Corporation (“Ares”) (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2022. GAAP net income attributable to Ares Management Corporation was $117.5 million and $167.5 million, respectively, for the quarte...

Ares Management ( NYSE: ARES ) is scheduled to announce Q4 earnings results on Thursday, February 9th, before market open. The consensus EPS Estimate is $1.08 (+27% Y/Y) and the consensus Revenue Estimate is $945.13M (-27.9% Y/Y). Over the last 2 years, ARES has beaten EPS e...

Summary Blue Owl Capital Inc.'s business model is thoroughly designed and arguably the best in the alt management industry. Blue Owl's valuations are modest and its management expects about ~30% annual return over the next 3 years. Despite its high promise, investors may want to mod...

Summary Listed alternative asset management firms have done well recently with a median average re-rating of 21.8% higher. But which one should you buy and which should you avoid? I share how I assess 10 key listed asset management firms using 5 simple criteria. I arrive at slightly...

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager,...

Summary Apollo has developed a new model to combine insurance and investing. It is based on structuring retirement liabilities and overperforming in investment-grade fixed income. For Apollo, insurance has become a strategy centerpiece. The company has delivered ~20% CAGR since focusing...

Summary Interest rates have risen sharply over the past year due to the Fed's efforts to crush inflation. We bought the 2022 dip in debt and preferred equity hand-over-fist. However, we mostly skipped over high yield bonds and preferreds and took an even more advantageous approach. ...

Summary Asset managers struggled in 2022 amid lower stock and bond markets, but alternative asset managers positioned well stood to benefit. One alt money management firm beat on earnings in October and features a high growth outlook. With an improving chart and several key events a...

Summary The rising interest rate environment and rapid expansion of Ares Management's AUM suggest that the firm will see increased profits in the years to come. AUM grew at a CAGR of 20% over the past decade, reflecting the firm's success. Due to their illiquidity, dependence on man...