Investments
114Portfolio Exits
44Funds
75Partners & Customers
10Service Providers
3About Ares Management
Ares Management (NYSE: ARES) is a global alternative asset management company. It focuses on alternative strategies, including credit, private equity, and real estate activities. The company was founded in 1997 and is based in Los Angeles, California.
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Latest Ares Management News
Jun 7, 2023
Related Stories June 7, 2023 June 6, 2023 June 5, 2023 Carlyle Group Inc. sees plenty of opportunity to tap further growth in the world’s most popular sport and remains keen on a deal for Italian football’s media rights. Speaking at private equity’s SuperReturn International conference in Berlin, Carlyle Group Inc. managing director Marco De Benedetti said his firm was looking at more sports deals. “Football and sports in general has proven to be a very valuable property that has further potential to exploit,” De Benedetti said in an interview with Bloomberg TV. Carlyle is among buyout firms that have been looking to gain exposure to football’s media rights as European leagues seek to bring in new money and expertise. Such deals have already been struck in Spain and France, and Italy could be next. The country’s Serie A league wants to attract major international lenders and investors to help shore up its finances after struggling for years to find backers. “Now finally an adviser has been appointed for that process,” De Benedetti said of a possible media rights deal involving Serie A. “That’s certainly something we’re interested in.” Serie A was once seen as the world’s leading football league, boasting legends of the game including Paolo Maldini and Alessandro Del Piero. But it’s suffered from years of financial neglect. Revenue for the Covid 19-affected 2020/2021 season was around €2.5 billion (approximately $2.7 billion), according to Deloitte, while England’s Premier League generated more than twice as much. Separately, De Benedetti said Carlyle could provide some financing on one of the biggest deals in world sport: a potential takeover of English Premier League football team Manchester United Plc. De Benedetti said Carlyle Europe Partners — the firm’s European buyout arm — had no plans to take a minority stake in the football club itself. U.K. billionaire Jim Ratcliffe is competing with a group of investors from Qatar to buy Manchester United from the U.S. Glazer family. Other investment firms, including Elliott Investment Management, Ares Management LLC and Oaktree Capital Group, are willing to provide financing on any deal.
Ares Management Investments
114 Investments
Ares Management has made 114 investments. Their latest investment was in Toob as part of their Debt on May 5, 2023.
Ares Management Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/25/2023 | Debt | Toob | $197.16M | Yes | 2 | |
5/16/2023 | Private Equity | SageSure | $250M | No | 2 | |
4/25/2023 | Debt | Parkdean Resorts | $748.97M | Yes | 1 | |
2/28/2023 | Unattributed | |||||
1/11/2023 | Private Equity - II |
Date | 5/25/2023 | 5/16/2023 | 4/25/2023 | 2/28/2023 | 1/11/2023 |
|---|---|---|---|---|---|
Round | Debt | Private Equity | Debt | Unattributed | Private Equity - II |
Company | Toob | SageSure | Parkdean Resorts | ||
Amount | $197.16M | $250M | $748.97M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 2 | 2 | 1 |
Ares Management Portfolio Exits
44 Portfolio Exits
Ares Management has 44 portfolio exits. Their latest portfolio exit was Nuula on January 26, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
1/26/2023 | Acquired | 5 | |||
10/10/2022 | Acq - P2P | 3 | |||
10/3/2022 | Acquired | 5 | |||
Date | 1/26/2023 | 10/10/2022 | 10/3/2022 | ||
|---|---|---|---|---|---|
Exit | Acquired | Acq - P2P | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 5 | 3 | 5 |
Ares Management Acquisitions
65 Acquisitions
Ares Management acquired 65 companies. Their latest acquisition was Current Trucking on February 27, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/27/2023 | Corporate Majority | 1 | ||||
8/23/2022 | Corporate Majority | 2 | ||||
6/20/2022 | Series C | $64.4M | Acq - Fin | 3 | ||
4/25/2022 | ||||||
4/12/2022 | Series D |
Date | 2/27/2023 | 8/23/2022 | 6/20/2022 | 4/25/2022 | 4/12/2022 |
|---|---|---|---|---|---|
Investment Stage | Series C | Series D | |||
Companies | |||||
Valuation | |||||
Total Funding | $64.4M | ||||
Note | Corporate Majority | Corporate Majority | Acq - Fin | ||
Sources | 1 | 2 | 3 |
Ares Management Fund History
75 Fund Histories
Ares Management has 75 funds, including Ares Senior Direct Lending Fund III.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
5/11/2023 | Ares Senior Direct Lending Fund III | 1 | |||
4/25/2023 | Ares Strategic Income Fund | $1,472M | 2 | ||
1/11/2023 | Ares Infrastructure Debt Fund V | $5,000M | 1 | ||
10/21/2022 | Ares Special Opportunities Fund II | ||||
9/30/2022 | Ares U.S. Real Estate Fund X |
Closing Date | 5/11/2023 | 4/25/2023 | 1/11/2023 | 10/21/2022 | 9/30/2022 |
|---|---|---|---|---|---|
Fund | Ares Senior Direct Lending Fund III | Ares Strategic Income Fund | Ares Infrastructure Debt Fund V | Ares Special Opportunities Fund II | Ares U.S. Real Estate Fund X |
Fund Type | |||||
Status | |||||
Amount | $1,472M | $5,000M | |||
Sources | 1 | 2 | 1 |
Ares Management Partners & Customers
10 Partners and customers
Ares Management has 10 strategic partners and customers. Ares Management recently partnered with Canadian Imperial Bank of Commerce on December 12, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/15/2022 | Partner | Canada | TORONTO , Dec. 15 , 2022 / CNW / - CIBC today announced that it is expanding its strategic relationship with Ares Management Corporation to add strategies that invest in global private credit markets . | 1 | |
11/1/2022 | Vendor | United States | Ares Management Selects Novata to Support ESG Data Collection Since Novata 's platform launch in April , Novata has also welcomed a range of private equity and credit firms to the General Partner Advisory Committee and has experienced significant global demand for its ESG data management platform . | 1 | |
10/17/2022 | Partner | Netherlands | Redevco, Ares JV acquires Barcelona building for mixed-use project `` Redevco and Ares Management have a highly successful track record of partnership in the Spanish market , and I fully expect this latest deal to match our ambitious targets for transforming the urban spaces of our cities . | 1 | |
7/31/2022 | Vendor | ||||
11/5/2021 | Partner |
Date | 12/15/2022 | 11/1/2022 | 10/17/2022 | 7/31/2022 | 11/5/2021 |
|---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Vendor | Partner |
Business Partner | |||||
Country | Canada | United States | Netherlands | ||
News Snippet | TORONTO , Dec. 15 , 2022 / CNW / - CIBC today announced that it is expanding its strategic relationship with Ares Management Corporation to add strategies that invest in global private credit markets . | Ares Management Selects Novata to Support ESG Data Collection Since Novata 's platform launch in April , Novata has also welcomed a range of private equity and credit firms to the General Partner Advisory Committee and has experienced significant global demand for its ESG data management platform . | Redevco, Ares JV acquires Barcelona building for mixed-use project `` Redevco and Ares Management have a highly successful track record of partnership in the Spanish market , and I fully expect this latest deal to match our ambitious targets for transforming the urban spaces of our cities . | ||
Sources | 1 | 1 | 1 |
Ares Management Service Providers
8 Service Providers
Ares Management has 8 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Acquired | Accounting Firm | Financial Advisor | |
Service Provider | |||
|---|---|---|---|
Associated Rounds | Acquired | ||
Provider Type | Accounting Firm | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Ares Management Team
28 Team Members
Ares Management has 28 team members, including current Founder, Chief Executive Officer, President, Michael J. Arougheti.
Name | Work History | Title | Status |
|---|---|---|---|
Michael J. Arougheti | Royal Bank of Canada, and Indosuez Capital | Founder, Chief Executive Officer, President | Current |
Name | Michael J. Arougheti | ||||
|---|---|---|---|---|---|
Work History | Royal Bank of Canada, and Indosuez Capital | ||||
Title | Founder, Chief Executive Officer, President | ||||
Status | Current |
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