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Sep 30, 2022
Ares Q3 2022 Earnings Report
Ares Management Corporation reported third quarter results
Key Takeaways
Ares Management Corporation reported GAAP net loss attributable to Ares Management Corporation was $35.5 million for the quarter ended September 30, 2022. After-tax realized income per share of Class A and non-voting common stock was $0.75 for the quarter ended September 30, 2022. Fee related earnings were $233.2 million for the quarter ended September 30, 2022.
Assets under management grew more than 20% year over year.
Management fees increased more than 20% year over year.
Fee related earnings increased more than 20% year over year.
The company has nearly $90 billion of available capital.
Ares
Ares
Forward Guidance
Ares is well positioned to capitalize on a market environment providing highly attractive investment opportunities.