Ares Management, based in Los Angeles, offers investment and consultancy services with 2,850 employees and went public on May 2, 2014. It operates through five segments: Credit, Private Equity, Real Assets, Secondaries, and Other.
ARES has been in the news recently: ARES MANAGEMENT is part of the private credit market, which has reached a $3 trillion valuation but now faces significant challenges, including rising bankruptcies and fraud. This situation is exemplified by Blue Owl Capital's recent halt on redemptions for its $1.6 billion OBDC II fund, indicating broader concerns in the financial landscape.
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