Extended Summary
Ares Management
Alternative-assets firm Ares Management aims to seize the chance to provide refinancing to real-estate fund managers facing daunting interest costs. Ares Management has wrapped up fundraising for its latest program dedicated to acquiring stakes in private real estate investment vehicles. Ares Management has made 145 investments. Ares Management recently partnered with Canadian Imperial Bank of Commerce on December 12, 2022. The company had ramped up its Asia operations in January 2020. Ares Management raises approximately $3.3b of real estate secondaries capital. The notes will be fully and unconditionally guaranteed by Ares Holdings L.P., Ares Management LLC, Ares Investments Holdings LLC, and Ares Finance Co. ares management co. (nyse:ares) shares sold. Ares Management ( NYSE:ARES – Get Free Report ) last announced its quarterly earnings results on Tuesday, October 31st. The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Rhumbline Advisers raised its position in shares of Ares Management by eight. Ares Management plans to open an office in Japan as soon as next year, aiming to invest in real estate opportunities. The Ares Secondaries Group, renowned for its expertise in secondary markets, has managed to accumulate a substantial $23.3 billion.