Consolidated Entity, Excluding VIE, Including Parent
Total assets
Liabilities
Accounts payable, accrued expenses and other liabilities
Ares Management L.P
Consolidated Funds
Accrued compensation
Due to affiliates
Ares Management L.P
Consolidated Funds
Due to affiliates
Ares Management L.P
Consolidated Funds
Performance related compensation payable
Debt obligations
Operating lease liabilities
Ares Management L.P
Total operating lease liabilities
Payable for securities purchased
CLO loan obligations, at fair value
Fund borrowings
Consolidated Entity, Excluding VIE, Including Parent
Consolidated Funds
Total consolidated Entity, Excluding VIE, Including Parent
Total liabilities
Redeemable interest
Consolidated Funds
Ares Operating Group
Non-controlling interests in Consolidated Funds
Redeemable interest in Ares Operating Group entities
Ares Management L.P
Consolidated Funds
Non-controlling interests in Ares Operating Group entities
Ares Management L.P
Ares Operating Group
Consolidated Funds
Total ares Operating Group
Stockholders’ Equity
Series B mandatory convertible preferred stock, $0.01 par value, 1,000,000,000 shares authorized (30,000,000 shares issued and outstanding as of June 30, 2026 and December 31, 2025)
Ares Management L.P
Series B mandatory convertible preferred stock
Total series B mandatory convertible preferred stock, $0.01 par value, 1,000,000,000 shares authorized (30,000,000 shares issued and outstanding as of June 30, 2026 and December 31, 2025)
Common stock
Class A Common Stock
Non-voting Common Stock
Class B Common Stock
Class C Common Stock
Additional paid-in-capital
Ares Management L.P
Total additional paid-in-capital
Accumulated deficit
Ares Management L.P
Total accumulated deficit
Accumulated other comprehensive income, net of tax
Ares Management L.P
Total accumulated other comprehensive income, net of tax
Ares Management L.P
Total stockholders’ equity
Total equity
Total liabilities, redeemable interest, non-controlling interests and equity
