The market expects Ares Management (ARES - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis private equity firm is expected to post quarterly earnings of $1.29 per share in its upcoming report, which represents a year-over-year change of +25.2%.
Revenues are expected to be $1.32 billion, up 25.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.38% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Ares Management?For Ares Management, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.48%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Ares Management will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Ares Management would post earnings of $1.32 per share when it actually produced earnings of $1.24, delivering a surprise of -6.06%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Ares Management doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsAmong the stocks in the Zacks Financial - Investment Management industry, KKR & Co. Inc. (KKR - Free Report) , is soon expected to post earnings of $1.42 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +20.3%. This quarter's revenue is expected to be $1.52 billion, up 18.5% from the year-ago quarter.
The consensus EPS estimate for KKR & Co. has been revised 0.2% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +0.18%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that KKR & Co. will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
AR Asset Management Inc. purchased a new position in Ares Management Corporation (NYSE:ARES – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,500 shares of the asset manager’s stock, valued at approximately $709,000.
A number of other hedge funds also recently bought and sold shares of ARES. Vanguard Group Inc. lifted its position in shares of Ares Management by 20.2% during the 4th quarter. Vanguard Group Inc. now owns 26,050,425 shares of the asset manager’s stock valued at $4,210,530,000 after buying an additional 4,373,955 shares in the last quarter. Norges Bank purchased a new stake in Ares Management in the 4th quarter worth $396,165,000. Geode Capital Management LLC raised its position in Ares Management by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 5,489,004 shares of the asset manager’s stock worth $883,716,000 after acquiring an additional 1,963,460 shares during the period. Massachusetts Financial Services Co. MA raised its position in Ares Management by 26.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,705,599 shares of the asset manager’s stock worth $922,196,000 after acquiring an additional 1,187,174 shares during the period. Finally, River Road Asset Management LLC raised its position in Ares Management by 40,652.1% during the fourth quarter. River Road Asset Management LLC now owns 807,300 shares of the asset manager’s stock worth $130,484,000 after acquiring an additional 805,319 shares during the period. Hedge funds and other institutional investors own 50.03% of the company’s stock.
Wall Street Analysts Forecast Growth Several analysts have recently issued reports on the stock. Morgan Stanley set a $160.00 target price on shares of Ares Management in a research report on Tuesday. Oppenheimer decreased their price target on shares of Ares Management from $146.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ares Management in a report on Wednesday, April 29th. JPMorgan Chase & Co. cut their price objective on Ares Management from $188.00 to $144.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. Finally, The Goldman Sachs Group reduced their target price on Ares Management from $165.00 to $131.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $158.93.
Check Out Our Latest Research Report on ARES
Ares Management Stock Performance NYSE:ARES opened at $119.76 on Thursday. The company has a market cap of $39.50 billion, a P/E ratio of 55.70, a P/E/G ratio of 1.07 and a beta of 1.51. Ares Management Corporation has a twelve month low of $95.80 and a twelve month high of $195.26. The company’s 50-day moving average price is $123.57 and its 200-day moving average price is $125.94. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.96.
Ares Management (NYSE:ARES – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The asset manager reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.08). Ares Management had a net margin of 10.54% and a return on equity of 22.14%. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same period in the prior year, the company posted $1.09 EPS. On average, sell-side analysts forecast that Ares Management Corporation will post 5.99 earnings per share for the current fiscal year.
Ares Management Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, June 16th. Ares Management’s payout ratio is presently 251.16%.
About Ares Management (Free Report)
Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.
Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.
Read More Five stocks we like better than Ares Management Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play Want to see what other hedge funds are holding ARES? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ares Management Corporation (NYSE:ARES – Free Report).
Receive News & Ratings for Ares Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ares Management and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEAudent Global Asset Management LLC Sells 6,507 Shares of JPMorgan Chase & Co. $JPM
Assetmark Inc. decreased its holdings in Ares Management Corporation (NYSE:ARES – Free Report) by 30.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,715 shares of the asset manager’s stock after selling 15,893 shares during the period. Assetmark Inc.’s holdings in Ares Management were worth $4,006,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Ares Management by 20.2% in the 4th quarter. Vanguard Group Inc. now owns 26,050,425 shares of the asset manager’s stock worth $4,210,530,000 after purchasing an additional 4,373,955 shares during the period. Norges Bank bought a new position in shares of Ares Management during the 4th quarter valued at approximately $396,165,000. Geode Capital Management LLC raised its holdings in Ares Management by 55.7% during the 4th quarter. Geode Capital Management LLC now owns 5,489,004 shares of the asset manager’s stock valued at $883,716,000 after buying an additional 1,963,460 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Ares Management by 26.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 5,705,599 shares of the asset manager’s stock valued at $922,196,000 after buying an additional 1,187,174 shares during the period. Finally, River Road Asset Management LLC lifted its position in Ares Management by 40,652.1% in the fourth quarter. River Road Asset Management LLC now owns 807,300 shares of the asset manager’s stock worth $130,484,000 after buying an additional 805,319 shares during the last quarter. Hedge funds and other institutional investors own 50.03% of the company’s stock.
Ares Management Price Performance ARES opened at $119.76 on Thursday. The business has a fifty day moving average of $123.57 and a 200 day moving average of $125.94. Ares Management Corporation has a 52-week low of $95.80 and a 52-week high of $195.26. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.96. The stock has a market cap of $39.50 billion, a P/E ratio of 55.70, a PEG ratio of 1.07 and a beta of 1.51.
Ares Management (NYSE:ARES – Get Free Report) last issued its earnings results on Friday, May 1st. The asset manager reported $1.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.08). The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Ares Management had a net margin of 10.54% and a return on equity of 22.14%. During the same period in the prior year, the firm posted $1.09 earnings per share. As a group, sell-side analysts anticipate that Ares Management Corporation will post 5.99 EPS for the current year.
Ares Management Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were paid a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, June 16th. Ares Management’s dividend payout ratio is currently 251.16%.
Wall Street Analyst Weigh In Several research analysts have commented on ARES shares. Keefe, Bruyette & Woods raised shares of Ares Management to a “hold” rating in a research note on Monday. Royal Bank Of Canada reissued an “outperform” rating on shares of Ares Management in a research note on Wednesday, April 29th. JPMorgan Chase & Co. lowered their target price on shares of Ares Management from $188.00 to $144.00 and set an “overweight” rating for the company in a report on Tuesday, April 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ares Management in a research note on Tuesday, May 26th. Finally, BMO Capital Markets upped their price target on shares of Ares Management from $125.00 to $128.00 and gave the company a “market perform” rating in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Ares Management currently has an average rating of “Moderate Buy” and an average target price of $158.93.
Check Out Our Latest Analysis on Ares Management
Ares Management Profile (Free Report)
Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.
Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.
Recommended Stories Five stocks we like better than Ares Management Could Truth API Become Trump Media’s First Meaningful Revenue Driver? Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying Moog Is More Than a Missile Maker, and Wall Street Is Noticing A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Ares Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ares Management and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINEPfizer Inc. $PFE Shares Purchased by ABN Amro Investment Solutions
NEXT HEADLINE »ABN Amro Investment Solutions Raises Position in Fifth Third Bancorp $FITB
Copeland Capital Management LLC acquired a new stake in Ares Management Corporation (NYSE:ARES – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 87,149 shares of the asset manager’s stock, valued at approximately $9,508,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Ares Management by 20.2% in the fourth quarter. Vanguard Group Inc. now owns 26,050,425 shares of the asset manager’s stock valued at $4,210,530,000 after acquiring an additional 4,373,955 shares during the period. Norges Bank bought a new position in Ares Management during the fourth quarter worth about $396,165,000. Geode Capital Management LLC lifted its stake in Ares Management by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 5,489,004 shares of the asset manager’s stock worth $883,716,000 after purchasing an additional 1,963,460 shares during the period. Massachusetts Financial Services Co. MA boosted its holdings in Ares Management by 26.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 5,705,599 shares of the asset manager’s stock valued at $922,196,000 after purchasing an additional 1,187,174 shares in the last quarter. Finally, River Road Asset Management LLC boosted its holdings in Ares Management by 40,652.1% during the fourth quarter. River Road Asset Management LLC now owns 807,300 shares of the asset manager’s stock valued at $130,484,000 after purchasing an additional 805,319 shares in the last quarter. 50.03% of the stock is owned by institutional investors.
Ares Management Stock Up 0.0% NYSE ARES opened at $125.44 on Friday. The stock has a market capitalization of $41.38 billion, a P/E ratio of 58.34, a price-to-earnings-growth ratio of 1.11 and a beta of 1.51. Ares Management Corporation has a 52 week low of $95.80 and a 52 week high of $195.26. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a fifty day moving average of $123.76 and a 200-day moving average of $127.11.
Ares Management (NYSE:ARES – Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The asset manager reported $1.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.08). The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.28 billion. Ares Management had a net margin of 10.54% and a return on equity of 22.14%. During the same period last year, the company earned $1.09 EPS. On average, equities research analysts forecast that Ares Management Corporation will post 5.99 EPS for the current year.
Ares Management Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 16th were issued a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 16th. Ares Management’s payout ratio is currently 251.16%.
Analyst Upgrades and Downgrades A number of equities analysts have recently issued reports on ARES shares. Weiss Ratings reissued a “hold (c)” rating on shares of Ares Management in a report on Tuesday, May 26th. Morgan Stanley lowered their target price on shares of Ares Management from $178.00 to $163.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ares Management in a report on Wednesday, April 29th. BMO Capital Markets raised their price objective on shares of Ares Management from $125.00 to $128.00 and gave the company a “market perform” rating in a research report on Monday, July 13th. Finally, Barclays dropped their target price on shares of Ares Management from $140.00 to $139.00 and set an “overweight” rating for the company in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $159.13.
View Our Latest Research Report on ARES
Ares Management Profile (Free Report)
Ares Management Corporation (NYSE: ARES) is a global alternative asset manager that provides investment solutions across credit, private equity and real estate. The firm originates and manages capital across a range of strategies including direct lending, syndicated and special situations credit, private equity buyouts and growth investments, and real estate equity and debt. Ares serves institutional investors, insurance companies, pension funds, sovereign wealth funds, and high‑net‑worth clients through both commingled funds and bespoke managed account structures.
Within credit, Ares offers strategies spanning leveraged loans, structured credit, opportunistic and distressed debt, and specialty finance, with an emphasis on underwriting, portfolio construction and active asset management.
Further Reading Five stocks we like better than Ares Management Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs? The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
Receive News & Ratings for Ares Management Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ares Management and related companies with MarketBeat.com's FREE daily email newsletter.
« PREVIOUS HEADLINETango Therapeutics (NASDAQ:TNGX) Trading Up 6.1% – Should You Buy?
NEXT HEADLINE »Equinor ASA (NYSE:EQNR) Shares Gap Up – Still a Buy?
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager, announced today that certain Ares Real Estate funds (“Ares”) have completed the previously announced acquisition of all outstanding Whitestone REIT (“Whitestone”) common shares and operating partnership units for $19.00 per share or unit in an all-cash transaction valued at approximately $1.7 billion. The transaction expands Ares Real Estate's portfolio with 54 high-quality, con.
Ares Management is rated a 'Buy,' offering an attractive entry for dividend growth and total return potential. ARES is demonstrating record fundraising, driven by strong institutional demand and expanding fee-paying assets. ARES benefits from diversified growth avenues—real estate, infrastructure, and international markets—beyond private credit, mitigating sector-specific risks.
Ares Management stands out as a top private credit pick, offering a 4.5% yield and robust long-term fee growth despite recent volatility. ARES benefits from 90%+ perpetual capital, 19% annual AUM growth since 2013, and is expected to deliver 20%+ annual earnings growth at a 22x P/E. Carlisle Companies is positioned for a 'golden age' of remodeling, with pent-up demand, high ROIC targets, and a nearly 50-year dividend growth streak.
, /PRNewswire/ -- Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of July 2026 of $0.1125 per common share, payable as noted below.
The following dates apply to the declared distribution:
Ex-Date: July 20, 2026
Record Date: July 20, 2026
Payable Date: July 31, 2026
Per Share Amount: $0.1125
Based on the Fund's current share price of $12.82 (as of its close on July 9, 2026), the distribution represents an annualized distribution rate of approximately 10.53% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.
The timing and amount of future distributions, if any, are at the discretion of the Fund. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund's stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income, such as from short-term capital gain, long-term capital gain, or return of capital. Such notices will also be posted on the Fund's website at www.arespublicfunds.com.
The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. The final determination of the source of these distributions will be made after the Fund's fiscal year end. If necessary, the Fund may elect to pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099‑DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.
This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC's net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund's control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.
This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing.
Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund has traded on the New York Stock Exchange under the symbol ARDC. Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.
Contact
Ares Dynamic Credit Allocation Fund, Inc.
John Stilmar
[email protected]
(888) 818-5298
or
Destra Capital Advisors LLC
[email protected]
(877) 855-3434
NEW YORK, July 10, 2026 /PRNewswire/ -- Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the second quarter ending June 30, 2026 to 9:00am ET on Friday, July 31, 2026. Ares Management Corporation will report its earnings for the second quarter ending June 30, 2026 earlier that morning, prior to the opening of the New York Stock Exchange.
Ares Management is oversold as the market panicked about some risks in the asset management space. I see strong financial growth, solid inflows, and a growing AUM. I don't see AI as a risk for ARES, but as an opportunity given its upcoming digital infrastructure fund and years of experience on that front.
, /PRNewswire/ -- Ares Management Corporation announced today that it will report earnings for the second quarter ending June 30, 2026 on Friday, July 31, 2026 prior to the opening of the New York Stock Exchange. Ares Management Corporation will hold its webcast/conference call on the same day at 11:00 a.m. (Eastern Time) to discuss its second quarter ending June 30, 2026 financial results.
All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.ares.com. Please visit the website to test your connection before the webcast. Domestic callers can access the conference call by dialing +1 (800) 267-6316. International callers can access the conference call by dialing +1 (203) 518-9783. All callers are asked to dial in 10-15 minutes prior to the call and to reference the conference ID ARESQ226 so that name and company information can be collected. For interested parties, an archived replay of the call will be available through August 31, 2026 to domestic callers by dialing +1 (800) 839-5676 and to international callers by dialing +1 (402) 220-2565. An archived replay will also be available through August 31, 2026 on a webcast link located on the Home page of the Investor Resources section of our website.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.
Director, Co-Founder and CEO, at Ares Management Michael Arougheti attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
SummaryCompaniesMost withdrawal requests came from less than 1% of shareholder base, largely outside U.S.ASIF Q2 redemption requests jump to 14.4% from 11.6% in prior quarterRequests from U.S. private wealth investors accounted for just 2.4% of sharesJune 25 (Reuters) - Ares Management (ARES.N), opens new tab again capped withdrawals at its flagship private credit fund after redemption requests rose in the second quarter, according to a filing released Thursday.
Investors sought to pull 14.4% of shares from the $22.6 billion Ares Strategic Income Fund (ASIF) in the second quarter, up from 11.6% in the previous quarter. The fund limited withdrawals to 5% of shares, the customary threshold for such vehicles.
Get a look at the day ahead in U.S. and global markets with the Morning Bid U.S. newsletter. Sign up here.
Wealthy individuals have pulled money from non-traded private credit funds in recent months over concerns about lending standards and how software companies that borrowed heavily from direct lenders will navigate AI disruption.
Investors pulled a combined $12.9 billion from private credit funds for wealthy individuals in the first five months of 2026, according to investment bank Robert A. Stanger.
Most requests were concentrated among a small number of non-U.S. institutions and family offices, representing less than 1% of ASIF's more than 20,000 shareholders, the fund said. They accounted for nearly half of second-quarter requests.
Peer Apollo (APO.N), opens new tab has also recently flagged that withdrawal requests at its $26 billion private credit fund moderated from U.S. and increased from offshore.
Nearly two-thirds of repurchase requests at ASIF were submitted by investors who had tendered in the prior quarter.
"Optically, not a great update; however, the devil is in the details, and we are quite encouraged by the finer disclosure," TD Cowen analyst Bill Katz said, noting that the pattern of repurchase requests does not suggest widespread angst, while repeat requesters indicate redemption pressures are not building.
US PRIVATE WEALTH CHANNELWithdrawal requests from U.S. private wealth investors, ASIF's largest shareholder segment, represented only 2.4% of shares and declined 35% from the prior quarter.
The segment also accounted for nearly half of second-quarter inflows, ASIF said.
CEO Michael Arougheti said earlier this month that U.S. high-net-worth individuals were growing their alternatives exposure and not redeeming at the rate markets expected.
ASIF, launched in 2022, said its Class I shares had generated an annualized total return of 10.27% since inception, representing a 187-basis-point premium to broadly syndicated bank loans.
Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Tasim Zahid
Our Standards: The Thomson Reuters Trust Principles., opens new tab
, /PRNewswire/ -- Ares Capital Management II LLC today announced that monthly fund composition and performance data for Ares Dynamic Credit Allocation Fund, Inc. (NYSE: ARDC) as of May 31, 2026, is now available via www.arespublicfunds.com.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return, primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC's net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.
This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the investment objective, risks, charges and expenses of ARDC carefully before investing.
ARDC is a closed-end fund, which does not engage in continuous offerings of its shares. Since its initial public offering, ARDC has traded on the New York Stock Exchange under the symbol ARDC. Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.
Contact
Ares Dynamic Credit Allocation Fund, Inc.
John Stilmar
[email protected]
(888) 818-5298
or
Destra Capital Advisors LLC
[email protected]
(877) 855-3434
Ares Management limited withdrawals from its Strategic Income Fund after investors sought to redeem 14.4% of shares, though the firm expects to clear its redemption backlog by year-end. (Lauren Justice/Bloomberg)
Requests to exit a large private-credit fund at Ares Management increased this quarter from the March level. The fund’s loans continue to perform well, however, and Ares hopes to work down its redemption backlog by year-end.
NEW YORK & LONDON--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Brent Canada has been appointed Head of Ares Infrastructure Debt. Mr. Canada joined Ares as a Partner in 2022 from Deutsche Bank, where he was a Managing Director and responsible for infrastructure financing coverage in the Americas. After leading the Infrastructure Debt team at Ares since its acquisition in 2022, Patrick Trears has decided.
, /PRNewswire/ -- Foundry Commercial, on behalf of Hines and an Ares Real Estate fund ("Ares"), has announced the start of construction at Parkside Commerce Center, a new four-building, 809,141-square-foot Class-A industrial development located on Silicon Drive in Durham, North Carolina, directly adjacent to Research Triangle Park (RTP).
Parkside Commerce Center rendering The project represents one of the premier new industrial developments in the Raleigh-Durham ("RDU") market and is designed to serve a broad range of occupiers, including companies supporting the region's nationally recognized advanced manufacturing and biomanufacturing ecosystem, as well as traditional warehousing, distribution, and e-commerce users.
Strategically positioned with immediate access to I-40, I-540, Hwy 147 and the I-85 corridor, the development will be delivered in two phases.
Phase I, scheduled for delivery in Q4 2027, will include two rear load facilities totaling 521,548 square feet with 36-foot clear heights:
4360 Silicon Drive (Building 1) – 237,824 SF with 63 trailer stalls 4340 Silicon Drive (Building 2) – 283,724 SF with 63 trailer stalls Phase II will include:
4300 Silicon Drive (Building 3) – 172,289 SF 4320 Silicon Drive (Building 4) – 115,304 SF Both Phase II buildings will feature 32-foot clear heights.
"We're thrilled to partner with Hines and Ares as the marketing and leasing team to bring this best-in-class industrial development to market," said Jeff Stephens, SIOR, Partner at Foundry Commercial. "The RTP/I-40 submarket's Class A vacancy rate has remained near historic lows in recent years, and Parkside Commerce Center will provide much-needed options that offer a rare combination of premier location, functionality and scalability that align with the needs of occupiers across the RDU market."
Hines and Ares co-own the project. Foundry Commercial has been retained as the exclusive leasing team for the project.
For leasing information, please contact Jeff Stephens, SIOR at [email protected], Jackson Rives at [email protected] or Jordan Rives at [email protected].
About Foundry Commercial:
Foundry Commercial is a full-service commercial real estate services and investment company operating across office, industrial, retail, multi-family, healthcare, religious, and not-for-profit asset classes and clients. Focused on the Sun Belt markets, Foundry is sustained by more than 5,000 associates operating from 12 markets, providing leasing and management on more than 77 million square feet and approximately 5,400 seniors housing units, typically executing over $2 billion in leasing, tenant rep, and investment sale transactions annually. Foundry's development and investment platform is fully integrated with its services business and has developed or acquired over $7 billion in transaction volume alongside many of the best-known institutional investors in the country. For more information, visit www.foundrycommercial.com.
About Hines:
Hines is a leading global real estate investment manager. We own and operate $91.7 billion1 of assets across property types and on behalf of a diverse group of institutional and private wealth clients. Every day, our 4,600 employees in 30 countries draw on our 69-year history to build the world forward by investing in, developing, and managing some of the world's best real estate. To learn more, visit www.hines.com and follow @Hines on social media.
¹Includes both the global Hines organization and RIA AUM as of December 31, 2025.
About Ares Management Corporation:
Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.
SummaryAres Management has corrected ~34% from highs, but its fee base and earnings remain resilient, supporting a buy rating.Q1 2026 showed management fees up 22% YoY, FRE margin expansion to 42.4%, and record fundraising, indicating robust institutional demand.~85% of AUM is in locked or long-dated vehicles, structurally insulating ARES from rapid credit stress and making the current valuation discount appear excessive.Undeployed AUM of $79.4B could add ~$0.85/share in after-tax RI, with visible catalysts and 16-20% FRE CAGR guidance supporting upside potential. David Gyung/iStock via Getty Images
Ares Management (ARES) has corrected around ~34% from its 52-week high, primarily dragged down by private credit anxiety, BDC redemption fears, and a ~41% decline in middle market M&A in Q1 2026. For
4.37K Followers
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways Ares Management posted 43.7% revenue growth in first-quarter 2026 from higher fee revenues.ARES reported a 26.9% AUM CAGR from 2019-2025, driven by private credit inflows.Ares Management expects fee-related earnings growth of 16-20% or more over the medium term. Ares Management Corporation’s (ARES - Free Report) assets under management (“AUM”) balance is steadily rising, driven by higher fee-related revenues, strong fundraising momentum and continued platform expansion. As a global alternative investment manager, Ares Management benefits from growing investor demand for private credit, real assets, secondaries and insurance-linked investment solutions.
As of March 31, 2026, ARES’ total AUM was $644.3 billion, up 18% from the prior-year period. Fee-paying AUM increased 19.2% year over year, while perpetual capital AUM jumped 39.1%. This is important because fee-paying AUM directly supports management fee revenues, while perpetual capital provides a more stable and long-duration earnings base. Over 2019-2025, the company’s AUM recorded a six-year compound annual growth rate (“CAGR”) of 26.9%, reflecting strong capital inflows into private credit strategies, higher fundraising through wealth management channels and increased allocations to insurance-related managed assets.
The company’s organic growth profile also remains encouraging. Revenues witnessed a six-year CAGR of 21.2% through 2025, aided by higher management and performance fees from an expanding asset base. In the first quarter of 2026, revenues rose 43.7% year over year. Management continues to target 16-20% or more annual organic growth in fee-related earnings and more than 20% annual growth in realized income over the medium term, indicating confidence in the scalability of the business.
Strategic acquisitions further strengthened Ares Management’s long-term growth prospects. The February 2026 acquisition of BlueCove expanded its systematic credit capabilities, while the 2025 GCP International deal enhanced its real assets and digital infrastructure platform. These transactions broaden ARES’ product offerings and improve its ability to capture global investor demand.
Current concerns in the private credit market could moderately slow Ares Management’s near-term AUM growth, as weaker investor sentiment and rising redemption requests weigh on fundraising momentum. Nevertheless, the long-term outlook for private credit remains favorable, with industry AUM expected to grow meaningfully as institutional investors continue shifting toward alternative assets. As a result, sustained AUM growth should remain a key driver of Ares Management’s earnings trajectory. Over the next three to five years, the company’s earnings are projected to grow 27.2%, well above the industry average of 5.9%.
AUM Performance of ARES’ PeersApollo Global Management’s (APO - Free Report) AUM witnessed a CAGR of 19.6% over the past three years (2022-2025), with the rising trend continuing in the first quarter of 2026. The increase in Apollo’s AUM is primarily driven by growth in its retirement services client assets, subscriptions across the platform and new financing facilities.
The acquisition of Bridge Investment Group Holding nearly doubled Apollo’s real estate AUM to more than $110 billion. By 2029, Apollo Global Management expects its total AUM to reach $1.5 trillion by scaling its private equity business.
Similarly, Blackstone Inc. (BX - Free Report) has been witnessing a rise in its AUM balance. Over the past five years (2020-2025), total AUM and fee-earning AUM have recorded CAGR of 15.6% and 14.4%, respectively. The total AUM rose 12% year over year in the first quarter of 2026.
Blackstone’s robust AUM base supports its long-term earnings growth by providing a larger pool of fee-generating capital across its private equity, real estate, credit and infrastructure platforms.
ARES’ Price Performance & Zacks RankThe company’s shares have lost 19.5% in the past six months compared with the industry’s 6.5% decline.
Image Source: Zacks Investment Research
Currently, Ares Management carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
NEW YORK, NY / ACCESS Newswire / May 28, 2026 / Ares Management Corporation announced today that its Co-President, Blair Jacobson, is scheduled to present at the Goldman Sachs European Financials Conference on Wednesday, June 3, 2026, at 3:30 AM ET.
A live audio webcast of the presentation will be available on the Investor Resources section of the Company's website at www.aresmgmt.com. For those unable to listen to the live audio webcast, a replay will be available on the Company's website shortly after the event.
About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
NEW YORK, NY / ACCESS Newswire / May 29, 2026 / Ares Management Corporation announced today that its Co-Founder and Chief Executive Officer, Michael Arougheti, is scheduled to present at the Morgan Stanley US Financials Conference on Wednesday, June 10, 2026, at 12:05pm ET.
A live audio webcast of the presentation will be available on the Investor Resources section of the Company's website at www.ares.com. For those unable to listen to the live audio webcast, a replay will be available on the Company's website shortly after the event.
About Ares Management Corporation
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders' long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of March 31, 2026, Ares Management Corporation's global platform had over $644 billion of assets under management, with operations across North America, South America, Europe, Asia Pacific and the Middle East. For more information, please visit www.ares.com.
Ares Management Corporation continues to post strong capital inflows and asset growth, but recent fundraising momentum may not be sustainable. ARES trades at a premium 22x non-GAAP earnings versus peers, leaving valuation vulnerable if projected growth fails to materialize. Earnings estimates are being revised downward as capital markets tighten, suggesting consensus expectations remain optimistic.
PLANO, Texas--(BUSINESS WIRE)-- #AirToGround--ARES is a pan-European initiative focused on developing a sovereign and resilient communications platform to support defense, public safety and emergency-response operations across Europe. The network is being designed as a hybrid Air-to-Ground (ATG) and satellite communications architecture capable of delivering secure, high-capacity connectivity across airborne, terrestrial and maritime domains. This aligns with the European Commission's May 27 announcement rese.
Ares Management co-founder and CEO Michael Arougheti says the recent stress in the private credit market is tied to private equity. He speaks with Dani Burger at the Forbes Iconoclast Summit in New York.
, /PRNewswire/ -- Ares Capital Corporation ("Ares Capital" or the "Company") (NASDAQ: ARCC) announced today the establishment of its inaugural commercial paper program. The program allows the Company to issue up to a maximum aggregate amount outstanding at any time of $1 billion of short-term, unsecured commercial paper notes. The notes will be sold under customary terms in the United States commercial paper note market and will rank pari passu with the Company's other senior unsecured indebtedness. The Company expects to realize cost benefits in the commercial paper market relative to other funding sources, and it expects to use available borrowing capacity from its $5.5 billion Revolving Credit Facility as a liquidity backstop for the repayment of the notes issued under the commercial paper program. Net proceeds from the issuance of any notes pursuant to the commercial paper program are expected to be used for general corporate purposes.
The notes to be offered under the commercial paper program have not been and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes under the Company's commercial paper program, the offer or sale of which can only be made by definitive offering documentation.
ABOUT ARES CAPITAL CORPORATION
Founded in 2004, Ares Capital is a leading specialty finance company focused on providing direct loans and other investments in private middle market companies in the United States. Ares Capital's objective is to source and invest in high-quality borrowers that need capital to achieve their business goals, which oftentimes can lead to economic growth and employment. Ares Capital believes its loans and other investments in these companies can help generate attractive levels of current income and potential capital appreciation for investors. Ares Capital, through its investment manager, utilizes its extensive, direct origination capabilities and incumbent borrower relationships to source and underwrite predominantly senior secured loans but also subordinated debt and equity investments. Ares Capital has elected to be regulated as a business development company ("BDC") and was the largest publicly traded BDC by market capitalization as of March 31, 2026. Ares Capital is externally managed by a subsidiary of Ares Management Corporation (NYSE: ARES), a publicly traded, leading global alternative investment manager. For more information about Ares Capital, visit www.arescapitalcorp.com.
FORWARD-LOOKING STATEMENTS
Statements included herein may constitute "forward-looking statements," which relate to future events or Ares Capital's future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties that are likely to be affected by unknowable future events and conditions, including elements of the future that are or are not under the control of Ares Capital. Actual results and conditions may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Ares Capital's filings with the Securities and Exchange Commission. Undue reliance should not be placed on such forward-looking statements as such statements speak only as of the time when made and are based on information available to Ares Capital as of the date hereof and are qualified entirely by this cautionary statement. Ares Capital undertakes no duty to update any forward-looking statements made herein now or in the future.
INVESTOR RELATIONS CONTACTS
Ares Capital Corporation
John Stilmar or Carl Drake
(888) 818-5298
[email protected]
Alternative asset managers target growing Mexican pension pools as fundraising dynamics shift. Summary
Mexico pension reforms attract global private market firms
Alternative asset managers are turning their attention to Mexico, and the prize could be huge. Executives from Ares Management ARES , Blue Owl Capital Inc. OWL , and Golub Capital have reportedly traveled to Mexico City as firms look for fresh inflows at a time when many U.S. pension funds have already reached their private-market allocation limits. That has made Mexico's pension system a possible new growth channel for firms still hungry for long-duration capital.
The opportunity centers on Mexican pension funds, known as Afores, which represent a reported $500 billion pool of assets. These funds are growing as reforms increase the amount of money flowing into workers' accounts, while other rule changes allow larger allocations to international private-market managers. That matters because alternative asset managers have also been tapping retail investors, but that channel could be more vulnerable to panic during periods of market stress.
Mexico is now being viewed alongside the Middle East as one of the more attractive fundraising markets for private capital. Philippe Stiernon, founder of ROAM Capital, told Bloomberg that Mexico's demographic and structural tailwinds are drawing attention from virtually every major alternative asset manager. While it remains difficult to determine which external managers are securing the strongest commitments from Afores, Bloomberg reported that Blackstone BX , BlackRock BLK , KKR KKR , and Lexington Partners were among the earlier firms to create vehicles that Afores can invest in.
Director, Co-Founder, and CEO at Ares Management Michael Arougheti attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
CompaniesJune 10 (Reuters) - Alternative asset manager Ares Management (ARES.N), opens new tab said on Wednesday it had raised $8.5 billion for its latest specialty fund, highlighting investor appetite for private credit strategies despite concerns.
The new fund, the third in the company's Pathfinder series, was oversubscribed and closed at its increased hard cap, above the original $6.5 billion target and larger than the $6.6 billion raised for its Pathfinder II fund in 2023.
Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.
The fundraising was completed in less than six months, after its launch in January 2026. Ares said its alternative credit platform managed about $57.3 billion of assets as of March 31.
The successful fundraising comes as parts of the private credit industry grapple with slower inflows from retail and wealthy investors, rising redemption requests and concerns about credit quality.
In May, Ares Management reported record first-quarter fundraising of about $30 billion.
The asset manager has broadened its investor base, with the number of direct institutional clients surging about 50% from 2022 to 2025.
The Financial Times first reported the fundraising.
Reporting by Prakhar Srivastava in Bengaluru; Editing by Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today the final closing of Ares Pathfinder Fund III, L.P. and Ares Pathfinder Fund III (Offshore), L.P. (together, “Pathfinder III” or the “Fund”) at $8.5 billion in LP commitments. The Fund was oversubscribed and closed at its increased hard cap, well in excess of its $6.5 billion target and its $6.6 billion 2023 vintage Pathfinder II fund. The Fund held its.
Director, Co-Founder, and CEO at Ares Management Michael Arougheti attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025. REUTERS/Mike Blake Purchase Licensing Rights, opens new tab
CompaniesNEW YORK, June 10 (Reuters) - Most of the requests to withdraw money from a private credit fund for the wealthy run by alternative asset manager Ares (ARES.N), opens new tab came from outside the United States, its CEO said on Wednesday.
"We had 11% redemption requests. It was from less than 5% of our investors. It was largely concentrated in small institutions and family offices, not in the U.S.," Michael Arougheti told the Morgan Stanley U.S. Financials conference in New York.
Jumpstart your morning with the latest legal news delivered straight to your inbox from The Daily Docket newsletter. Sign up here.
The company previously said those requests came from "select geographies".
Wealthy individuals pulled more money than they put into private credit vehicles run by multiple asset managers at the beginning of this year, as fears circulated about transparency, lending standards, and how software companies who borrowed heavily from direct lenders would navigate disruption from artificial intelligence.
Arougheti said this experience gave him "confidence that the markets will grow through this".
Reporting by Isla Binnie; Editing by Jan Harvey
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Isla Binnie reports on how company directors and executives manage stakeholder and shareholder interests, with a focus on compensation, corporate crises, dealmaking and succession. She also covers how politics, regulation, environmental issues and the broader economy affect boardroom discussions. Isla previously covered business, politics and general news in Spain and Italy. She trained with Reuters in London and covered emerging markets debt for the International Financing Review (IFR).
, /PRNewswire/ -- Ares Dynamic Credit Allocation Fund, Inc. ("ARDC" or the "Fund") (NYSE: ARDC) announced today the declaration of its distribution for the month of June 2026 of $0.1125 per common share, payable as noted below.
The following dates apply to the declared distribution:
Ex-Date: June 22, 2026
Record Date: June 22, 2026
Payable Date: June 30, 2026
Per Share Amount: $0.1125
Based on the Fund's current share price of $12.56 (as of its close on June 10, 2026), the distribution represents an annualized distribution rate of approximately 10.75% (calculated by annualizing the distribution amount and dividing it by the current price). Information regarding the distribution rate is included for informational purposes only and is not necessarily indicative of future results, the achievement of which cannot be assured. The distribution rate should not be considered the yield or total return on an investment in the Fund.
The timing and amount of future distributions, if any, are at the discretion of the Fund. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund's stockholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income, such as from short-term capital gain, long-term capital gain, or return of capital. Such notices will also be posted on the Fund's website at www.arespublicfunds.com.
The amounts and sources of distributions reported are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment performance during the remainder of its fiscal year and may be subject to change based on tax regulations. The final determination of the source of these distributions will be made after the Fund's fiscal year end. If necessary, the Fund may elect to pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099‑DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.
This press release is not intended to, and does not constitute, an offer to purchase or sell shares of ARDC.
About Ares Dynamic Credit Allocation Fund, Inc.
Ares Dynamic Credit Allocation Fund, Inc. ("ARDC") is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. There can be no assurance that ARDC will achieve its investment objective. ARDC's net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at www.arespublicfunds.com.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the U.S. securities laws, and may relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission and others beyond the Fund's control. Ares Dynamic Credit Allocation Fund undertakes no duty to update any forward-looking statements made herein.
This document is not an offer to sell securities and is not soliciting an offer to buy securities in any jurisdiction where the offer or sale is not permitted. An investor should consider the Fund's investment objective, risks, charges and expenses carefully before investing.
Ares Dynamic Credit Allocation Fund is a closed-end fund, which does not engage in a continuous offering of its shares. Since its initial public offering, the Fund has traded on the New York Stock Exchange under the symbol ARDC. Investors wishing to purchase or sell shares may do so by placing orders through a broker dealer or other intermediary.
Contact
Ares Dynamic Credit Allocation Fund, Inc.
John Stilmar
[email protected]
(888) 818-5298
or
Destra Capital Advisors LLC
[email protected]
(877) 855-3434
