Clients
Ares Management serves 702 clients, 655 of them pooled investment vehicles. The average client has about $654 million with the firm.
- Pooled investment vehicles655 clients88%
- Insurance companies27 clients9%
- OtherPension and profit-sharing plans, Other investment advisers, Sovereign wealth funds and foreign official institutions, Corporations and other businesses, Other3%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 655 | $403,549,241,688 | 88.0% | $616.1M |
| Pension and profit-sharing plans | 13 | $4,925,207,418 | 1.1% | $378.9M |
| Other investment advisers | Not reported | $235,569,066 | 0.1% | — |
| Insurance companies | 27 | $40,325,960,452 | 8.8% | $1.49B |
| Sovereign wealth funds and foreign official institutions | Not reported | $5,731,289,077 | 1.2% | — |
| Corporations and other businesses | Not reported | $1,112,238,528 | 0.2% | — |
| Other | 7 | $2,941,983,189 | 0.6% | $420.3M |
| Total | 702 | $458,821,489,418 | 100% | $653.6M |
- Clients
- 655
- Regulatory AUM
- $403,549,241,688
- Share
- 88.0%
- Avg. per client
- $616.1M
- Clients
- 13
- Regulatory AUM
- $4,925,207,418
- Share
- 1.1%
- Avg. per client
- $378.9M
- Clients
- Not reported
- Regulatory AUM
- $235,569,066
- Share
- 0.1%
- Avg. per client
- —
- Clients
- 27
- Regulatory AUM
- $40,325,960,452
- Share
- 8.8%
- Avg. per client
- $1.49B
- Clients
- Not reported
- Regulatory AUM
- $5,731,289,077
- Share
- 1.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $1,112,238,528
- Share
- 0.2%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $2,941,983,189
- Share
- 0.6%
- Avg. per client
- $420.3M
Total
- Clients
- 702
- Regulatory AUM
- $458,821,489,418
- Share
- 100%
- Avg. per client
- $653.6M
What it does
Ares Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Ares Management advises 682 private funds.
94.6% of assets ($433.97B across 663 accounts) are managed with discretion; $24.85B across 52 accounts are not. 54% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks1%
- Funds29%
- Pooled vehicles24%
- Registered funds5%
- Bonds25%
- Investment grade corporate bonds16%
- High-yield corporate bonds9%
- Cash7%
- Other38%
- Corporate loans and other debt investments, warrants and securitized asset pools38%
Custodians
Ares Management’s client accounts are held mainly at Bank of New York Mellon, with 6% of managed assets, and Citibank, NA, with 2%. Ares Management has custody of $368.09B for 545 clients.
- Bank of New York MellonBank of New York Mellon · Pittsburgh, PA · $28.74B6%
- Northern TrustNorthern Trust · Chicago, IL · $6.31B1%
- Citibank, NACitibank, NA · New York, NY · $10.63B2%
- All other custodians$413.15B90%
Ownership and leadership
Ares Management Holdings L.P. owns 75% or more of Ares Management, and Michael Arougheti is its CEO.
- Owns 75% or more of Ares Management LLC
Ares Management Holdings L.P.
Control person · since December 2010
- Owns 75% or more of Ares Management Holdings L.P.
Ares Holdings, L.P.
Control person · since December 2010
- Owns 25% to 50% of Ares Holdings, L.P.
Ares Owners Holdings, L.P.
Control person · since May 2007
- Owns 25% to 50% of Ares Owners Holdings, L.P.
Antony Ressler
Control person · since January 2002
Ares Partners Holdco LLC
General partner · Control person · since May 2014
- Owns 50% to 75% of Ares Management Holdings L.P.
Ares Holdco LLC
Control person · since July 2016
- Owns 75% or more of Ares Holdco LLC
Ares Management Corporation
Control person · since March 2021
Leadership
- Michael AroughetiCo-Founder and Chief Executive Officer
- Robert DeveerCo-President
- Blair JacobsonCo-President
- Jarrod PHILLIPSChief Financial Officer
- Richa GulatiChief Compliance Officer
- Ryan BerryChief Marketing and Strategy Officer
- David KaplanCo-Founder
- Antony ResslerCo-Founder and Executive Chairman
- Bennett RosenthalCo-Founder and Chairman of Private Equity Group
- Naseem Sagati AghiliGeneral Counsel and Corporate Secretary
Staff
- 3,990 employees
- 1,550 in advisory functions
- 2 state-registered reps
- 266 broker-dealer reps
- 25 soliciting firms
Reported holdings
Ares Management’s reported 13F holdings total $2.29B across 44 positions, and the ten largest make up 83.3% of it.
- $2.29B
- Reported 13F value
- 44
- Positions
- 83.3%
- In the 10 largest
- +51.2%
- Value vs. prior quarter
- Savers Value Village Inc.51.7%
- X-energy Inc.11.1%
- Clear Channel Outdoor Holdings, Inc..4.3%
- Multiplan Corp.2.8%
- Integer Holdings Corp. · Convertible Bond2.7%
- Arxis Inc.2.5%
- Kodiak Robotics Inc.2.3%
- Ares Capital Corp. · Business Development Company2.2%
- Golub Capital Bdc Inc. · Business Development Company1.9%
- Global Business Travel Group I1.8%
Together, the ten largest are 83.3% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $2.29B is not its $458.82B in regulatory assets and does not represent any individual client's portfolio.
Fees
Ares Management is paid through a percentage of assets under management and performance-based fees.
Ares Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Ares Management has 67 offices, with 11 listed addresses across 8 states.
California · 3 listed addresses
- 1800 Avenue of the Stars, Suite 1400, Los AngelesHQ
- 4675 Macarthur Court, Newport Beach
- 2015 Manhattan Beach Boulevard, Redondo Beach
New York · 2 listed addresses
- 245 Park Avenue, New York
- 560 White Plains Road, Tarrytown
Colorado · 1 listed address
- 1200 17th Street, Denver
Georgia · 1 listed address
- One Buckhead Plaza, Atlanta
Illinois · 1 listed address
- 71 South Wacker Drive, Chicago
Massachusetts · 1 listed address
- 265 Franklin Street, Boston
New Jersey · 1 listed address
- One Meadowlands Plaza, East Rutherford
Texas · 1 listed address
- 2601 Olive Street, Dallas
Registration details
- Legal name
- Ares Management LLC
- Headquarters
- 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067
- Phone
- 310-201-4100
- Website
- Not reported
- SEC file
- 801-63800
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Ares Management have?
Ares Management has 702 clients and manages $458.8 billion for them, as of August 2026. They include 655 pooled investment vehicles, 27 insurance companies and 13 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 August 2026
What services does Ares Management offer?
Ares Management provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Ares Management use?
Ares Management’s separately managed account assets are held at Bank of New York Mellon (Pittsburgh, PA), with $28,738,960,482, Citibank, NA (New York, NY), with $10,627,553,370 and Northern Trust (Chicago, IL), with $6,305,399,460. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 August 2026
How many financial advisors does Ares Management have?
Ares Management has 2 investment adviser representatives registered with state securities authorities, out of 3,990 employees, and 1,550 perform investment advisory functions. 266 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Ares Management invest in?
At the end of its last fiscal year, Ares Management’s separately managed accounts held 38% corporate loans and other debt investments, warrants and securitized asset pools, 24% pooled vehicles (private funds and similar), 16% investment grade corporate bonds, 9% high-yield corporate bonds, 7% cash and equivalents, 5% registered funds (mutual funds, ETFs, BDCs) and 1% non-exchange-traded equities. It advises 682 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Ares Management?
Ares Management is owned through a chain of holding companies by Antony Ressler and Ares Management Corporation. Its direct owner is Ares Management Holdings L.P. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 August 2026
How does Ares Management get paid?
Ares Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file