ARES News and Press, Ares Management Corporation Class A From 08/01/23

2023-08-01 17:44:02 ET Ares Management Corporation (ARES) Q2 2023 Earnings Call Transcript August 01, 2023 12:00 PM ET Company Participants Carl Drake - Head of Public Markets and Investor Relations Michael Arougheti - Co-Founder, CEO, President and Director Jarr...

2023-08-01 10:19:55 ET More on Ares Management Corporation A Home Run For PacWest Bancorp And Ares Management Ares Management to acquire Crescent Point Capital Ares Management acquires $3.5B loan portfolio from PacWest Bancorp Ares Management: Supercharged Gr...

Approximately $4.1 Billion in New Commitments Closed in the Second Quarter and Approximately $20.2 Billion closed in the Last Twelve Months Ended June 30, 2023 Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed a...

2023-08-01 06:06:06 ET Ares Management Corporation press release ( NYSE: ARES ): Q2 Non-GAAP EPS of $0.90 beats by $0.05 . “In the second quarter, we continued to demonstrate strong fundraising momentum with more than $17 billion in new gross commitments along w...

Ares Management Corporation (NYSE:ARES) today reported its financial results for its second quarter ended June 30, 2023. GAAP net income attributable to Ares Management Corporation was $144.5 million for the quarter ended June 30, 2023. On a basic basis, net income attributable to Ares Ma...

2023-07-31 15:30:36 ET Ares Management Corporation ( NYSE: ARES ) is scheduled to announce Q2 earnings results on Tuesday, August 1st, before market open. The consensus EPS Estimate is $0.85 and the consensus Revenue Estimate is $741.98M (+23.4% Y/Y). Over the last 2 y...

2023-07-31 10:46:05 ET Major earnings expected before the bell on Tuesday include: Caterpillar ( CAT ) Enterprise Products Partners ( EPD ) Altria Group ( MO ) Merck & Co. ( MRK ) Pfizer ( PFE ) For further details see: Notable ear...

2023-07-30 14:17:00 ET The proposed Basel III endgame rules, while largely in line with expectations, still means that a group of banks with assets between $100B-$700B will be subject to stricter capital rules than they currently are. And the largest banks will need to comply with stricter ...

2023-07-23 08:15:07 ET Summary ARCC and BKCC both offer investors well-covered 10%+ dividend yields. ARCC has an extremely impressive track record and some of the best management in the BDC sector. However, there are three compelling reasons why BKCC may outperform ARCC moving...

2023-07-18 02:49:04 ET Ares Management ( NYSE: ARES ) has agreed to acquire 100% of Crescent Point Capital, a China and Southeast Asia-focused private equity firm with around $3.8 billion in assets under management, for an undisclosed sum. The transaction consid...