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ARES Ares Management Co

137.10
5.19 (3.93%)
After Hours
Last Updated: 22:55:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ares Management Co NYSE:ARES NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  5.19 3.93% 137.10 136.22 132.2826 132.31 1,721,818 22:55:00

Ares Management Recognized For Winning Multiple Industry Awards

04/03/2019 11:30am

Business Wire


Ares Management (NYSE:ARES)
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Named Private Debt Investor’s 2018 Global Fundraising of the Year, BDC of the Year (Americas), Lender of the Year (Europe) and Fundraising of the Year (Europe)

Named Private Equity International’s 2018 Lender of Year in Europe

Ares Management Corporation (NYSE:ARES) announced today that it has won five reader awards from two related industry publications, Private Debt Investor and Private Equity International:

Private Debt InvestorGlobal Fundraising of the YearBDC of the Year, AmericasLender of the Year, EuropeFundraising of the Year, Europe

Private Equity InternationalLender of the Year in Europe

“We are honored to receive this broad-based recognition from our investors, valued partners and other industry constituents,” said Michael Arougheti, Chief Executive Officer and President of Ares. “This recognition underscores our deep global expertise, our track record of providing our investors with attractive solutions across market cycles and our commitment to our borrowers to provide them with flexible capital that meets their evolving needs.”

About Ares Management CorporationAres Management Corporation is a publicly traded, leading global alternative asset manager with approximately $130.7 billion of assets under management as of December 31, 2018 and 18 offices in the United States, Europe, Asia and Australia. Since its inception in 1997, Ares has adhered to a disciplined investment philosophy that focuses on delivering strong risk-adjusted investment returns throughout market cycles. Ares believes each of its three distinct but complementary investment groups in Credit, Private Equity and Real Estate is a market leader based on assets under management and investment performance. Ares was built upon the fundamental principle that each group benefits from being part of the greater whole. For more information, visit www.aresmgmt.com.

Forward-Looking StatementsStatements included herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which 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.

Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Ares or an investment fund managed by Ares or its affiliates.

Ares was selected to be on a short list of nominees for the award referenced above by the global editorial teams of PEI and PDI, and was selected as the winner of the award through a voting process by thousands of PEI and PDI readers. The selection of Ares to receive the award was based in part on subjective criteria and a limited universe of candidates, and therefore there can be no assurance that a different global editorial team or voters might not have selected other firms or transactions as the winners. The information provided above is solely for informational purposes and may not be representative of a particular investor’s experience, nor should the information be construed, or relied upon, as any indication of future performance of Ares or any of its funds.

Ares Management Corporation:Media:Mendel CommunicationsBill Mendel, 212-397-1030bill@mendelcommunications.comorInvestors:Ares Management CorporationCarl Drake, 800-340-6597cdrake@aresmgmt.comorPriscila Roney, 212-808-1185proney@aresmgmt.com

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