Ares Management Corp

Ares Management Corporation has provided a preliminary estimate for its realized net performance income for the quarter ending September 30, 2026. The company anticipates this figure to be approximately $10 million, an increase from the $9 million reported for the same period in the prior year. This metric is a non-GAAP measure used by management to assess business performance.

Ares Management Corporation reported strong financial results for the second quarter ended June 30, 2026, with GAAP net income of $150.6 million and after-tax realized income of $467.6 million. The company achieved record fundraising with over $36 billion in inflows, driving a 17% year-over-year increase in both Assets Under Management (AUM) to $671.3 billion and Fee Paying AUM (FPAUM) to $409.9 billion. Ares also declared a quarterly dividend of $1.35 per share for its Class A common stock.

Ares Management Corporation preliminarily expects its realized net performance income for the quarter ending June 30, 2026, to exceed $50 million. This represents a significant increase compared to $16 million reported for the same period in 2025. The company notes this is a non-GAAP financial measure and cautions that actual results may differ materially from this preliminary estimate.

Ares Holdings L.P., a subsidiary of Ares Management Corp, entered into Amendment No. 14 to its Sixth Amended and Restated Credit Agreement. This amendment extends the credit facility's maturity to May 21, 2031, and increases the revolver commitments to $2.5 billion, with an uncommitted accordion feature up to $3.0 billion. The amendment also removes the credit spread adjustment for Term SOFR and modifies certain covenant restrictions and events of default.

Ares Management Corporation reported a significant increase in its first quarter 2026 financial results, with net income attributable to common stockholders surging by 437% to $117.3 million, and basic EPS rising to $0.46 from $0.00 in the prior year. Total revenues grew by 28.3% to $1.40 billion, primarily driven by a 21.1% increase in management fees and a substantial 405.3% rise in incentive fees. Despite strong revenue growth, net cash provided by operating activities decreased by 79.6% to $406.5 million.