The ARES GROUP is a publicly held investment adviser that advises $639.67Bn in regulatory assets under management held in 7 SEC fund types across 16 investment strategies. ARES GROUP is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 228.68% over the last 5-years.
The Group has been registered with the SEC for 22.22 years and is comprised of 6 filing and 71 relying advisers. They operate out of 40 office locations with their Headquarters at 1800 AVENUE OF THE STARS SUITE 1400, LOS ANGELES, CALIFORNIA. The Group has been subject to regulatory enforcement actions. They are regulated by 26 US and Non-US bodies.
They have 5,994 employees comprised of 2,828 investment and 3,166 non-investment staff. The total number of Employees increased by 172.33% over the last 5-years.
Their $639.67Bn in assets advised are owned by 996 private funds, 15 public funds and BDCs and 47 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients own $487.06Bn or 76.14% of Total Assets and Business Development Companies (BDC) own $57.4Bn or 8.97% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, FI/Credit - Lending and Multi Strat, representing 28.91%, 19.31% and 16.07% of total assets, respectively.
They advise 5 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC) and Business Development Companies (BDC).
The Group uses 24 Fund Administrators, 7 Fund Auditors, 7 Prime Brokers, 37 Custodians and 63 Marketers. It does not report a third-party Fund Administrator in 251 private funds with $135.42Bn in assets.
The Group discloses management fees and performance-based fees.
ARES GROUP names 2 sub-advisers ALIGNED CLIMATE CAPITAL LLC, VISTRA FUND MANAGEMENT S.A. to 3 different funds advised by the group. The Group has been named as the sub-adviser to 2 funds.