Ares Management

Yahoo Finance • 2 months ago

Ares Management Announces Pricing of Offering of Series B Mandatory Convertible Preferred Stock

NEW YORK, October 09, 2024--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ("Ares" or the "Company") today announced the pricing of its previously announced underwritten public offering (the "Offering") of 27,000,000 shares of S... Full story

Yahoo Finance • 2 months ago

Ares Is Said to Agree on Acquisition of GCP’s Ex-China Business

(Bloomberg) -- Ares Management Corp. has agreed to acquire GLP Capital Partners Ltd.’s operations outside of China, people familiar with the matter said, in what could rank as one of the biggest recent combinations in the alternative asset... Full story

Yahoo Finance • 3 months ago

Ares Capital Corporation Schedules Earnings Release for the Third Quarter Ended September 30, 2024

NEW YORK, October 02, 2024--(BUSINESS WIRE)--Ares Capital Corporation ("Ares Capital") (NASDAQ: ARCC) announced today that it will report earnings for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 prior to the o... Full story

Yahoo Finance • 3 months ago

Diamondback Energy, Kinetik Holdings and EPIC Midstream Announce Transformative Transactions for EPIC Crude

Existing Partners increase ownership and commitments to further strengthen EPIC Crude’s financial profile and growth prospects HOUSTON, September 24, 2024--(BUSINESS WIRE)--Diamondback Energy, Inc. (NASDAQ: FANG) ("Diamondback"), Kinetik... Full story

Yahoo Finance • 3 months ago

ENGIE enters a partnership with Ares Management for a 2.7 GW portfolio of Renewables and Storage Assets in the U.S.

Sun Valley Solar Project The Sun Valley Solar Project in Texas is among the 15 renewable energy projects included in the partnership announcement between ENGIE and Ares. HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) -- ENGIE North America (ENG... Full story

Yahoo Finance • 4 months ago

Ares Management Corporation to Present at the Barclays Global Financial Services Conference

NEW YORK, NY / ACCESSWIRE / September 3, 2024 / Ares Management Corporation announced today that its Chief Executive Officer and President, Michael Arougheti, is scheduled to present at the Barclays Global Financial Services Conference on... Full story

Yahoo Finance • 6 months ago

Shaun White And Unrivaled Sports Make Strategic Investment In Snöbahn, The Nation's Leading Indoor Action Sports Center - Ares Management Invests In Unrivaled Sports' Action Sports Division

DENVER, June 24, 2024 /PRNewswire/ -- Unrivaled Sports, a leader in world-class youth and recreational sports experiences, announced today that it has made a strategic investment in SNÖBAHN, the nation's premier indoor action sports center... Full story

Yahoo Finance • 7 months ago

Private equity is helping banks shed some of their risks

Troubled regional lender New York Community Bancorp (NYCB) is trying to show investors that it is getting a better handle on the risks embedded in its massive loan book. One option: Shift some of those risks to private equity firms or Wal... Full story

Yahoo Finance • 9 months ago

11 Overvalued Stocks Insiders are Dumping Now

In this article, we will take a detailed look at the 11 Overvalued Stocks Insiders are Dumping Now. For a quick overview of such stocks, read our article 5 Overvalued Stocks Insiders are Dumping Now. Wise investors almost always keep trac... Full story

Yahoo Finance • 9 months ago

KBS Announces Recapitalization

New Investment from KKR, Ares Management and Blackrock Positions Company for Long- Term Growth OCEANSIDE, Calif., March 25, 2024 /PRNewswire/ -- KBS, a leading privately held facility services provider in North America, announced today a... Full story

Yahoo Finance • 9 months ago

Rubenstein-Led Deal to Buy MLB’s Orioles Gains Key Approval

(Bloomberg) -- Major League Baseball’s ownership committee has approved the purchase of a controlling stake in the Baltimore Orioles by Carlyle Group Inc. co-founder David Rubenstein and a consortium of investors in a deal that values the... Full story

Yahoo Finance • 10 months ago

Ares Capital Corporation to Present at the 2024 UBS Financial Services Conference

NEW YORK, NY / ACCESSWIRE / February 20, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kipp deVeer, Ares Capital's Chief Executive Officer, is scheduled to present at the UBS Financial Services Confere... Full story

Yahoo Finance • 10 months ago

Ares Capital Corporation to Present at the 2024 BofA Securities Financial Services Conference

NEW YORK, NY / ACCESSWIRE / February 14, 2024 / Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that Kort Schnabel, Ares Capital's Co-President, is scheduled to present at the BofA Securities Financial Services Conf... Full story

Yahoo Finance • 10 months ago

Ares Management Full Year 2023 Earnings: EPS Beats Expectations

Ares Management (NYSE:ARES) Full Year 2023 Results Key Financial Results Revenue: US$3.63b (up 19% from FY 2022). Net income: US$474.3m (up 209% from FY 2022). Profit margin: 13% (up from 5.0% in FY 2022). EPS: US$2.53 (up from US$0.87 i... Full story

Yahoo Finance • 10 months ago

Ares Management Corporation Reports Fourth Quarter and Full Year 2023 Results

NEW YORK, February 08, 2024--(BUSINESS WIRE)--Ares Management Corporation (NYSE:ARES) today reported its financial results for its fourth quarter and full year ended December 31, 2023. GAAP net income attributable to Ares Management Corpo... Full story

Yahoo Finance • 10 months ago

Decoding Ares Capital Corp (ARCC): A Strategic SWOT Insight

Strengths highlight ARCC's robust market position and experienced management team. Weaknesses point to potential risks associated with operational dependency on Ares Management's systems. Opportunities emphasize the growing demand for alte... Full story

Yahoo Finance • last year

HPS Investment Partners Confidentially Filed for IPO

(Bloomberg) -- HPS Investment Partners, the private credit firm carved out of JPMorgan Chase & Co. in 2016, confidentially filed for an initial public offering, according to people with knowledge of the matter. Most Read from Bloomberg B... Full story

Yahoo Finance • last year

Brazil’s Maturing Private Markets Attract U.S. Investment Firms

Brazil’s private-capital industry continues to mature and is attracting U.S. asset managers looking to expand in new regions, as investment risks increase in other markets such as China. Continue reading... Full story

Yahoo Finance • last year

Private Equity, Now Featuring Less Equity

Giants like Apollo Blackstone and KKR made their names in the business of private equity. Recent flows of money into what are now known as alternative-asset managers have often tilted toward alternative forms of lending and away from class... Full story

Yahoo Finance • last year

The New Kings of Wall Street Aren’t Banks. Private Funds Fuel Corporate America.

With interest rates at multiyear highs, hedge funds and private-equity firms are pushing banks aside and financing one jumbo loan for American corporations after another. Continue reading... Full story