Ares Management
Ares Management is a global investment management company involved in asset management, equities, credits, real estates, financial planning, and investment advisory services. It was incorporated on December 27, 2001.[1] The company reported a GAAP net income of $408.8 million in 2021, with assets under management exceeding $300 billion.[2]
In February 2022, Ares completed acquisition of AMP Capital’s Infrastructure Debt Platform, adding approximately $8 billion in assets under management.[3]
Ares Co-Founder and CEO Antony Ressler is the brother-in-law of former Apollo Global Management CEO Leon Black.[4]
Political Contributions
During the 2020 US election cycle, Ares-affiliated individuals contributed $100,006 to Democratic federal candidates and $8,500 to Republican federal candidates.[5]
Fossil Fuel Footprint
Global Energy Monitor is a part of the Private Equity Climate Risks project, which investigates the role of the private equity industry in the climate crisis.
To learn more about Ares' energy investments, please see this firm's unique page on the Private Equity Climate Risks website: https://peclimaterisks.org/firm-ares-management/.
Executive Officers
Accessed February 2022:[6]
- Michael Arougheti – Director, Co-Founder, Chief Executive Officer and President of Ares
- Ryan Berry – Partner, Chief Marketing & Strategy Officer
- Kipp deVeer – Director, Partner, Head of Credit Group
- David Kaplan – Co-Founder, Director, Partner and Co-Chairman of Private Equity Group
- Jarrod Phillips – Partner, Chief Financial Officer
- Antony P. Ressler – Co-Founder and Executive Chairman
- Bennett Rosenthal – Co-Founder, Director, Partner and Co-Chairman of Private Equity Group
- Naseem Sagati Aghili – Partner, General Counsel and Secretary
Board of Directors
Accessed February 2022:[6]
- Michael Arougheti – Director, Co-Founder, Chief Executive Officer and President of Ares
- Antoinette Bush – Director
- Kipp deVeer – Director, Partner, Head of Credit Group
- Paul G. Joubert – Director
- David Kaplan – Co-Founder, Director, Partner and Co-Chairman of Private Equity Group
- Michael Lynton – Director
- Eileen Naughton – Director
- Dr. Judy D. Olian – Director
- Antony P. Ressler – Co-Founder and Executive Chairman
- Bennett Rosenthal – Co-Founder, Director, Partner and Co-Chairman of Private Equity Group
Contact Information
2000 Avenue of the Stars
12th Floor
Los Angeles, CA 90067
United States
Phone: +1-310-201-4100
https://www.aresmgmt.com/
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References
- ↑ “Ares Management LLC,” Bloomberg, accessed February 16, 2022.
- ↑ “Ares Management Corporation Reports Fourth Quarter and Full Year 2021 Results,” Business Wire, February 11, 2022.
- ↑ “Ares Management Corporation Completes Acquisition of AMP Capital’s Infrastructure Debt Platform,” Business Wire, February 10, 2022.
- ↑ “Private Equity’s Dirty Dozen: 12 Firms Dripping in Oil and the Wealthy Executives Who Run Them,” report by LittleSis and the Private Equity Stakeholder Project, February 2022.
- ↑ “Ares Management Profile,” OpenSecrets, accessed February 17, 2022.
- ↑ 6.0 6.1 Ares Management, “Our Team,” organizational webpage, accessed February 16, 2022.
