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The latest update is out from Ares Management ( (ARES) ).
On February 5, 2025, Ares Management Corporation announced the appointment of Kipp deVeer and Blair Jacobson as Co-Presidents of the company, succeeding Michael Arougheti who continues as CEO. This leadership change is aimed at driving strategic initiatives and supporting investor relationships, highlighting Ares’ commitment to senior talent development and maintaining its competitive edge in the global alternative investment industry.
More about Ares Management
Ares Management Corporation is a leading global alternative investment manager that provides primary and secondary investment solutions across credit, real estate, private equity, and infrastructure asset classes. The company aims to offer flexible capital to support businesses and create stakeholder value, with operations spanning North America, Europe, Asia Pacific, and the Middle East. As of December 31, 2024, Ares had over $484 billion in assets under management.
YTD Price Performance: 9.24%
Average Trading Volume: 1,096,245
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $61.52B
Find detailed analytics on ARES stock on TipRanks’ Stock Analysis page.
