Summary
Ares Management Corporation (Ares) reported strong growth in its 2025 fiscal year, with Assets Under Management (AUM) increasing to $622.5 billion. This growth was driven by robust fundraising, which brought in $113.2 billion in gross new capital commitments, and successful capital deployment of $145.8 billion across its diverse alternative investment strategies. The company highlighted its integrated investment platform, multi-asset class expertise, and collaborative culture as key differentiators contributing to its performance. Ares experienced significant growth in its Credit and Real Assets segments, with AUM reaching $406.9 billion and $139.1 billion, respectively. The company's strategy of expanding its product offerings, enhancing distribution channels, and increasing its global presence, including strategic acquisitions like GCP International, continues to fuel its growth trajectory. While net income attributable to Class A and non-voting common stockholders saw a slight decrease, the overall financial health remains strong, supported by Fee Related Earnings (FRE) growth and strategic capital allocation.
Financial Highlights
26 data points| Revenue | $5.60B |
| SG&A Expenses | $996.08M |
| Operating Expenses | $4.71B |
| Net Income | $426.11M |
Key Highlights
- 1Ares Management Corporation's AUM grew to $622.5 billion as of December 31, 2025, a 29% increase for the year.
- 2The company raised $113.2 billion in gross new capital commitments in 2025 from over 540 institutional investors, with 79% coming from existing investors.
- 3Capital deployment reached $145.8 billion in 2025, an increase from $106.7 billion in 2024, indicating strong investment activity.
- 4The Credit Group remains the largest segment with $406.9 billion in AUM, while the Real Assets Group experienced significant growth, reaching $139.1 billion in AUM following the GCP Acquisition.
- 5Fee Related Earnings (FRE) increased by 30% to $1.78 billion in 2025, reflecting the growth in management fees from perpetual capital and long-dated funds.
- 6The company's dividend policy is linked to Fee Related Earnings, with a planned quarterly dividend of $1.35 per share for Class A and non-voting common stock in 2026, signaling confidence in recurring revenue streams.
- 7Ares successfully integrated the GCP Acquisition, which added significant logistics and digital infrastructure capabilities and expanded its geographic presence, contributing $202.8 million in additional management fees in 2025.