Ares Management Lp ( (ARES) ) has released its Q4 earnings. Here is a breakdown of the information Ares Management Lp presented to its investors.
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Ares Management Corporation is a global alternative investment manager specializing in diverse asset classes such as credit, real estate, private equity, and infrastructure, aiming to deliver consistent investment returns across market cycles.
In its latest financial report, Ares Management Corporation announced robust financial performance for the fourth quarter and full year 2024. The company reported a GAAP net income of $177.3 million for the quarter, with earnings per share reaching $0.72. The after-tax realized income was significant at $434.7 million, indicating strong financial health.
Key highlights from the report include record-breaking fundraising efforts, with $93 billion raised in 2024, culminating in $484 billion of assets under management. Ares emphasized its strategic expansion, including investment platform diversification and new fundraising initiatives. The company also noted a $95 billion pool of assets not yet paying fees, positioning it well for future growth.
Looking forward, Ares Management Corporation remains optimistic about entering a more active transaction environment in 2025. The company anticipates continued strong growth in key financial metrics, driven by strategic investments and the closing of the GCP International transaction. This outlook positions Ares to capitalize on emerging investment opportunities and sustain its growth trajectory.
