Reported Earlier, Ares Management Enhances Portfolio With £500M Equity Investment In Sustainability Leader RSK Alongside Searchlight Capital

6/17/24 6:05:30 AM ET

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The new investment will support the Company's continued organic and inorganic growth

RSK Group Limited ("RSK" or the "Company"), a global leader in the delivery of sustainable solutions, today announced it has entered into an agreement to receive a £500 million preferred equity investment from a consortium led by Searchlight Capital Partners, L.P. ("Searchlight"), and Ares Management Corporation funds ("Ares"). In addition, Ares has committed an incremental £300 million debt facility to further support RSK's growth plans, bringing total available debt facilities provided by Ares to £1.4 billion.

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Recent Analyst Ratings for
$ARES

Date	Price Target	Rating	Analyst
9/12/2024	$156.00	Equal Weight	Wells Fargo
8/27/2024	$140.00	Neutral	Redburn Atlantic
6/13/2024	$176.00 → $132.00	Buy → Hold	Deutsche Bank
5/28/2024	$176.00	Buy	Deutsche Bank
5/7/2024	$154.00	Buy	TD Cowen
1/9/2024	$122.00	Buy → Hold	Jefferies
10/5/2023	$133.00	Outperform	Wolfe Research
7/10/2023	$99.00 → $98.00	Outperform → Mkt Perform	Keefe Bruyette

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Ares Management Corporation Reports Third Quarter 2024 Results
Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2024. GAAP net income attributable to Ares Management Corporation was $118.5 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.55 for the quarter ended September 30, 2024. After-tax realized income was $316.0 million for the quarter ended September 30, 2024. After-tax realized income per share of Class A common stock was $0.95 for the quarter ended September 30, 2024. Fee related earnings were $339.3 million for the quarter ended Sep
11/1/24 6:00:00 AM ET
$ARES
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Ares Capital Corporation Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.48 Per Share
DIVIDEND DECLARATIONS Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced that its Board of Directors has declared a fourth quarter 2024 dividend of $0.48 per share. The fourth quarter 2024 dividend is payable on December 30, 2024 to stockholders of record as of December 13, 2024. SEPTEMBER 30, 2024 FINANCIAL RESULTS Ares Capital also announced financial results for its third quarter ended September 30, 2024. OPERATING RESULTS Q3-24(1) Q3-23(1) (dollar amounts in millions, except per share data) Total Amount Per Share Total Amount Per Share GAAP net income per share(2)(3) $ 0.62
10/30/24 7:00:00 AM ET
$ARCC
$ARES
Finance: Consumer Services
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Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Third Quarter Ending September 30, 2024
NEW YORK, NY / ACCESSWIRE / October 17, 2024 / Ares Management Corporation announced today that it has updated the time it will hold its earnings webcast/conference call for the third quarter ending September 30, 2024 to 9:00am ET on Friday, November 1, 2024. Ares Management Corporation will report its earnings for the third quarter ending September 30, 2024 earlier that morning, prior to the opening of the New York Stock Exchange.All interested parties are invited to participate via telephone or the live webcast, which will be hosted on a webcast link located on the Home page of the Investor Resources section of our website at http://www.aresmgmt.com. Please visit the website to test your c
10/17/24 4:30:00 PM ET
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Ares Capital Corporation Appoints Jim Miller as Co-President
Michael Smith and Mitch Goldstein Appointed as Co-Chairmen of Board of Directors Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that James ("Jim") R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital's Board of Directors was expanded by one member. Mitchell ("Mitch") Goldstein joined Ares Capital's Board of Directors, and Mitch Goldstein and Michael L. Smith have been appointed to serve as Co-Chairmen of Ares Capital's Board of Directors. Michael Arougheti will cease to serve as Chairman of Ares Capital's Board of Directors but will continue to serve as a Director. Kipp deVeer will continue in hi
10/30/24 7:05:00 AM ET
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$ARES
Finance: Consumer Services
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Automated Industrial Robotics Inc. Acquires Robotics & Drives
Transaction Reinforces AIR's Presence in Europe and Enhances its Capabilities for Integration of Advanced Robotics into Automated Systems Vivian Farrell Promoted to President of Automated Industrial Robotics, Ireland Automated Industrial Robotics Inc. ("AIR" or the "Company") today announced the acquisition of Robotics & Drives ("RDS"), an Ireland-based industrial automation company focused on delivering innovative solutions through robotics technology. The transaction further reinforces AIR's presence in Europe, strengthens the Company's ability to integrate robotics solutions into its automated systems and adds to the product portfolio. The transaction was funded primarily by an additio
10/7/24 8:00:00 AM ET
$ARES
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Ares Management Special Opportunities Team to Join its Global Credit Group
Move Expected to Enhance Collaboration Across Ares' Leading Credit Platform Aaron Rosen and Craig Snyder Named Co-Heads of Opportunistic Credit Ares Management Corporation (NYSE:ARES) today announced that its Special Opportunities strategy, currently a business within its Private Equity Group, will be joining the firm's Credit Group and will be named Opportunistic Credit. Moving the strategy to the Credit Group is expected to enable greater collaboration across the Ares platform, enhancing benefits to Ares' limited partners, sponsor partners and portfolio companies. The Opportunistic Credit team will build on the accomplishments of the Special Opportunities strategy and leverage the e
2/26/24 6:30:00 AM ET
$ARES
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Ares Management Announces Third Quarter 2024 U.S. Direct Lending Origination Activity
$12.3 Billion in New Commitments Closed in the Third Quarter, Reaching a Record of $44.5 Billion Closed in the 12 Months Ended September 30, 2024 NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Ares Management Corporation (NYSE:ARES) announced today that funds managed by its Credit Group (collectively "Ares") closed approximately $12.3 billion in U.S. direct lending commitments across 86 transactions during the third quarter of 2024 and approximately $44.5 billion in direct lending commitments across 328 transactions in the 12 months ended September 30, 2024. The $44.5 billion of commitments over the 12-month period represents a new record for the U.S. Direct Lending business. Below is a desc
11/1/24 6:30:00 AM ET
$ARES
Investment Managers
Finance
Ares Management Corporation Reports Third Quarter 2024 Results
Ares Management Corporation (NYSE:ARES) today reported its financial results for its third quarter ended September 30, 2024. GAAP net income attributable to Ares Management Corporation was $118.5 million for the quarter ended September 30, 2024. On a basic and diluted basis, net income attributable to Ares Management Corporation per share of Class A and non-voting common stock was $0.55 for the quarter ended September 30, 2024. After-tax realized income was $316.0 million for the quarter ended September 30, 2024. After-tax realized income per share of Class A common stock was $0.95 for the quarter ended September 30, 2024. Fee related earnings were $339.3 million for the quarter ended Sep
11/1/24 6:00:00 AM ET
$ARES
Investment Managers
Finance
Ares Capital Corporation Appoints Jim Miller as Co-President
Michael Smith and Mitch Goldstein Appointed as Co-Chairmen of Board of Directors Ares Capital Corporation ("Ares Capital") (NASDAQ:ARCC) announced today that James ("Jim") R. Miller was appointed as Co-President to serve alongside current Co-President, Kort Schnabel. Concurrently, Ares Capital's Board of Directors was expanded by one member. Mitchell ("Mitch") Goldstein joined Ares Capital's Board of Directors, and Mitch Goldstein and Michael L. Smith have been appointed to serve as Co-Chairmen of Ares Capital's Board of Directors. Michael Arougheti will cease to serve as Chairman of Ares Capital's Board of Directors but will continue to serve as a Director. Kipp deVeer will continue in hi
10/30/24 7:05:00 AM ET
$ARCC
$ARES
Finance: Consumer Services
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Reported Earlier, Ares Management Enhances Portfolio With £500M Equity Investment In Sustainability Leader RSK Alongside Searchlight Capital

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Recent Analyst Ratings for $ARES

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Wells Fargo initiated coverage on Ares Management with a new price target

Redburn Atlantic initiated coverage on Ares Management with a new price target

Ares Management downgraded by Deutsche Bank with a new price target

$ARES Insider Trading

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Large owner Ares Management Llc sold $9,885,596 worth of shares (283,702 units at $34.84) (SEC Form 4)

Co-Founder, CEO and President Arougheti Michael J converted options into 250,000 shares and sold $9,488,457 worth of shares (56,446 units at $168.10) (SEC Form 4)

Co-Founder & Chairman of PEG Rosenthal Bennett converted options into 250,000 shares and sold $9,485,894 worth of shares (56,429 units at $168.10) (SEC Form 4)

$ARES Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Ares Management Llc bought $2,838,930 worth of shares (150,000 units at $18.93) (SEC Form 4)

Ares Management Llc bought $2,219,490 worth of shares (150,000 units at $14.80) (SEC Form 4)

SEC Form 4: Ares Management Llc bought $1,478,850 worth of shares (100,000 units at $14.79)

$ARES SEC Filings

SEC Form 144 filed by Ares Management Corporation

SEC Form 144 filed by Ares Management Corporation

SEC Form 10-Q filed by Ares Management Corporation

$ARES Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Ares Management Corporation

Amendment: SEC Form SC 13G/A filed by Ares Management Corporation

SEC Form SC 13G/A filed by Ares Management Corporation (Amendment)

Carlyle's $4B Purchase Of Baxter's Kidney Division Backed By Ares And HPS Financing

'Ares, HPS Line Up $3 Billion Debt for Carlyle's Baxter Unit Bid' - Bloomberg

Barclays Maintains Overweight on Ares Management, Raises Price Target to $151

Ares Management Corporation Reports Third Quarter 2024 Results

Ares Capital Corporation Announces September 30, 2024 Financial Results and Declares Fourth Quarter 2024 Dividend of $0.48 Per Share

Ares Management Corporation Updates the Time of Its Earnings Conference Call for the Third Quarter Ending September 30, 2024

Ares Capital Corporation Appoints Jim Miller as Co-President

Automated Industrial Robotics Inc. Acquires Robotics & Drives

Ares Management Special Opportunities Team to Join its Global Credit Group

Ares Management Announces Third Quarter 2024 U.S. Direct Lending Origination Activity

Ares Management Corporation Reports Third Quarter 2024 Results

Ares Capital Corporation Appoints Jim Miller as Co-President

Recent Analyst Ratings for
$ARES

$ARES
Analyst Ratings

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Insider Trading

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$ARES
SEC Filings

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Large Ownership Changes

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