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Ares Management reports Q4 after-tax EPS $1.23, consensus $1.30

Ares Management reports Q4 after-tax EPS $1.23, consensus $1.30

“During 2024, we set many financial records, including our best year ever in gross fundraising and capital deployed. We raised $93B of new funds in 2024 and ended the year with $484B of AUM,” said Michael Arougheti, CEO of Ares. “We continued to expand our investment platform, diversify our distribution channels across institutional, wealth and insurance and generate compelling investment performance for our investors. As we head into 2025, we are optimistic that we are entering into a more active transaction environment which should create more investment opportunities for our platform.”

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