AM

Ares Management

ARES
NYSEFinancials
$134.90
USD
+2.08(+1.57%)
At close: Jun 12, 20:00 UTC

Open

$135.04

Prev. Close

$135.00

High

$135.28

Low

$134.90

Market Snapshot

Market Cap

$29.8B

P/E Ratio

57.1

EPS

2.04

Revenue

$3.88B

Why ARES moved

Nicholas Investment Partners LP reduced its stake in Ares Management by 64.7%, now holding 46,878 shares valued at approximately $4.14 million.

About

Ares Management Corp. engages in the provision of investment and consultancy services. The company is headquartered in Los Angeles, California and currently employs 4,250 full-time employees. The company went IPO on 2014-05-02. Its segments include Credit Group, Private Equity Group, Real Assets Group, Secondaries Group, and Other. The Credit Group segment manages credit strategies across the liquid and illiquid spectrum, including liquid credit, alternative credit, direct lending and APAC credit. The Private Equity Group segment categorizes its investment strategies as corporate private equity, special opportunities and APAC private equity. The Real Assets Group segment manages comprehensive equity and debt strategies across real estate and infrastructure investments. The Secondaries Group segment invests in secondary markets across a range of alternative asset class strategies, including private equity, real estate, infrastructure and credit. The company has operations across North America, South America, Europe, Asia Pacific and the Middle East.

Recently from Cashu