ARES News and Press, Ares Management Corporation Class A From 06/26/23

2023-06-26 07:02:27 ET Ares Management ( NYSE: ARES ) on Monday said that certain funds managed by its Alternative Credit strategy have acquired a $3.5 billion specialty finance loan portfolio from PacWest Bancorp ( NASDAQ: PACW ). Backed by assets across a variety of ...

Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that certain funds managed by its Alternative Credit strategy (“Alternative Credit”) have completed the acquisition of a $3.5 billion specialty finance l...

2023-06-21 18:57:09 ET Summary Apollo Global Management has recovered from the banking crisis and is trading at a 52-week high, while Athene's preferred stocks remain undervalued. Apollo's innovative business model, which creatively uses insurance, is one reason for optimism about...

2023-06-20 03:57:39 ET Summary Ares Management Corporation is a global alternative asset manager. AUM growth has been fantastic, propelling revenue growth at a CAGR of 23%. Our expectation is for this to continue, as further capital is allocated to private markets in the comin...

2023-06-14 13:28:58 ET Summary Part 1 of this article compares NLY’s recent investment composition, leverage, hedging coverage ratio, quarterly BV, economic return (loss), and current valuation to 19 mREIT peers. Due to what has occurred during the second quarter of 2023 (f...

2023-06-13 18:49:09 ET Summary WisdomTree U.S. MidCap Dividend Fund ETF holds over 300 stocks weighted on total dividends. The heaviest sectors are financials and industrials, and it is well-diversified across holdings. The DON ETF looks better than a mid-cap benchmark regardi...

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, announc...

2023-06-13 01:30:32 ET Summary Blackstone's stock has marginally outperformed the S&P on price return and by 4.5% on total return this year. It has been the 2nd-best performing asset-light asset manager. Reviewing its fundamental metrics, we can see that Blackstone has good re...

2023-06-12 09:25:32 ET Wells Fargo downgraded alternative asset manager Ares Management ( NYSE: ARES ) to Equal Weight from Overweight on Monday as the analyst sees the firm's favorable factors already priced in. "The stock increasingly feels priced for perfection even as tail...

2023-06-10 22:10:33 ET Summary Ares Management Corporation has been the best-performing private asset manager (private equity/private credit) this year, with its stock returning 34.9% return YTD - well beyond any of its peers. Ares relative fundamentals undergird this recent perfo...