“Fee related performance revenues for the three months ended March 31, 2025 were primarily attributable to incentive fees from a European direct lending fund that crystallized fees following the restructuring of its hold back provisions.”10-Q · May 8, 2026 ↗
Ares Management Corp
ARES-PB
Market read
Ares Management Corp's move is spreading beyond its market group.
No new filing conclusion is available. 5 of 11 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 2 directly disclosed connections are confirming.
- At least 8 of 11 durable members become active together.
- Capital-flow agreement rises above 55%.
- BEN remains aligned with the group in the next market snapshot.
Invalidation: The live read weakens if participation falls to 3 of 11 members or fewer.
Research brief
The story so far
No new filing conclusion is available. 5 of 11 group members are active now; 1 filing-linked outsider is moving with the group, and 0 of 2 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- At least 8 of 11 durable members become active together.
- Capital-flow agreement rises above 55%.
- BEN remains aligned with the group in the next market snapshot.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Latest annual revenue changed +44.2% year over year.
- Operating cash flow covered net income at 6.19x in the latest annual period.
- Credit and interest rates has repeated favorable evidence across 3 filings.
- Net margin changed -2.5 percentage points in the latest annual period.
No credible peer-relative valuation comparison is available yet.
Price as of Sep 11, 2026
42.35Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Financing Activities Three months ended March 31, 2026 2025 Net borrowings of Credit Facility $ 45,000 $ 985,000 Borrowings from Term Loan 399,415 — Dividends and distributions (522,752) (445,088) Taxes paid related to net share settlement of equity awards (3…”10-Q · May 8, 2026 ↗
“F-16 Table of Contents Ares Management Corporation Notes to the Consolidated Financial Statements (Continued) (Dollars in Thousands, Except Share Data and As Otherwise Noted) The non-controlling interests in Consolidated Funds represents a component of equity…”10-K · Feb 25, 2026 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
No usable price/earnings or price/sales multiple (need a fresh price).
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for ARES-PB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for ARES-PB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind ARES-PB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BTIBritish American Tobacco p.l.c.competitorNov 6, 2025 ▾
“While we recognized transaction gains for the three months ended September 30, 2025 due to the U.S.”
BRELYFiling-linked nameinvesteeAug 8, 2025 ▾
“The six months ended June 30, 2024 also included unrealized gains from our strategic investments in a U.S.”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
ARES-PB is currently a Participant in the organic co-movement group Asset Management Firms. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 2 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.