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Sep 30, 2021

Ares Q3 2021 Earnings Report

Ares Management Corporation reported strong third-quarter results with record AUM, management fees, and fee-related earnings.

Key Takeaways

Ares Management Corporation reported GAAP net income of $84.7 million for the third quarter ended September 30, 2021. The company achieved record levels of AUM, management fees, and fee-related earnings, with AUM reaching approximately $282 billion. Fundraising for the year reached a new annual record of $51.6 billion.

GAAP net income attributable to Ares Management Corporation was $84.7 million.

After-tax realized income was $192.9 million.

Fee related earnings was $182.3 million.

AUM reached approximately $282 billion.

Total Revenue
$448M
Previous year: $292M
+53.3%
EPS
$0.62
Previous year: $0.48
+29.2%
Total AUM
$282B
Previous year: $179B
+57.5%

Ares

Ares

Forward Guidance

No specific forward guidance was provided in the press release.