Ares Management Corp (ARES-PB)
Ares Management Corp (ARES-PB)
| Balance Sheets | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents-Parent Company | 346,331 | 348,274 | 311,827 | 276,827 |
| Investments (includes accrued carried interest of 3,361,519 and 3,413,007 as of march 31, 2024 and december 31, 2023, respectively)-Parent Company | 4,484,884 | 4,624,932 | 4,436,746 | 4,466,226 |
| Due from affiliates-Parent Company | 809,273 | 896,746 | 690,475 | 643,444 |
| Accounts and interest receivable | NaN | 128,756 | NaN | NaN |
| Fixed assets, net | NaN | 122,223 | NaN | NaN |
| Deferred tax assets, net | NaN | 21,549 | NaN | NaN |
| Other Assets Miscellaneous | NaN | 157,451 | NaN | NaN |
| Other assets-Parent Company | 519,292 | 429,979 | 306,492 | 252,646 |
| Right-of-use operating lease assets-Parent Company | 237,019 | 249,326 | 259,537 | 170,911 |
| Finite-lived intangible assets | NaN | NaN | NaN | 834,551 |
| Foreign currency translation | NaN | NaN | NaN | -477 |
| Total finite-lived intangible assets | NaN | NaN | NaN | 834,074 |
| Less accumulated amortization | NaN | NaN | NaN | 271,201 |
| Finite Lived Intangible Assets Net | NaN | NaN | NaN | 562,873 |
| Indefinite-lived intangible assets | NaN | NaN | NaN | 567,800 |
| Intangible assets, net-Parent Company | 1,030,076 | 1,058,495 | 1,033,590 | 1,130,673 |
| Goodwill-Parent Company | 1,130,085 | 1,123,976 | 997,801 | 998,020 |
| Cash and cash equivalents-Consolidated Entity Excluding Vie | 1,199,376 | 1,149,511 | NaN | NaN |
| Investments held in trust account-Consolidated Entity Excluding Vie | 529,887 | 523,038 | NaN | NaN |
| Investments, at fair value-Consolidated Entity Excluding Vie | 13,790,030 | 14,078,549 | NaN | NaN |
| Cash and cash equivalents-Consolidated Funds | NaN | NaN | 885,318 | 812,164 |
| Investments held in trust account-Consolidated Funds | NaN | NaN | 1,002,787 | 1,000,949 |
| Investments, at fair value-Consolidated Funds | NaN | NaN | 13,221,997 | 13,090,939 |
| Due from affiliates-Consolidated Entity Excluding Vie | 15,924 | 14,151 | NaN | NaN |
| Receivable for securities sold-Consolidated Entity Excluding Vie | 243,998 | 146,851 | NaN | NaN |
| Due from affiliates-Consolidated Funds | NaN | NaN | 12,352 | 11,388 |
| Receivable for securities sold-Consolidated Funds | NaN | NaN | 153,210 | 197,729 |
| Other assets-Consolidated Funds | NaN | NaN | 71,761 | 66,890 |
| Other assets-Consolidated Entity Excluding Vie | 77,095 | 86,672 | NaN | NaN |
| Total assets | 24,413,270 | 24,730,500 | 23,383,893 | 23,118,806 |
| Accounts payable, accrued expenses and other liabilities-Parent Company | 262,551 | 233,884 | 264,485 | 267,198 |
| Accrued compensation-Parent Company | 217,788 | 287,259 | 361,017 | 250,790 |
| Due to affiliates-Parent Company | 363,308 | 240,254 | 210,729 | 192,153 |
| Performance related compensation payable-Parent Company | 2,449,732 | 2,514,610 | 2,538,450 | 2,579,564 |
| Debt obligations-Parent Company | 3,046,182 | 2,965,480 | 2,340,173 | 2,299,731 |
| Operating lease liabilities-Parent Company | 308,336 | 319,572 | 326,902 | 206,816 |
| Accounts payable, accrued expenses and other liabilities-Consolidated Funds | NaN | NaN | 243,337 | 225,294 |
| Accounts payable, accrued expenses and other liabilities-Consolidated Entity Excluding Vie | 189,556 | 189,523 | NaN | NaN |
| Due to affiliates-Consolidated Funds | NaN | NaN | 0 | 920 |
| Due to affiliates-Consolidated Entity Excluding Vie | 12,727 | 3,554 | NaN | NaN |
| Payable for securities purchased-Consolidated Funds | NaN | NaN | 512,879 | 554,555 |
| Payable for securities purchased-Consolidated Entity Excluding Vie | 548,032 | 484,117 | NaN | NaN |
| Clo loan obligations, at fair value-Consolidated Funds | NaN | NaN | 11,460,963 | 11,460,999 |
| Clo loan obligations, at fair value-Consolidated Entity Excluding Vie | 11,906,346 | 12,345,657 | NaN | NaN |
| Fund borrowings-Consolidated Funds | NaN | NaN | 80,741 | 65,050 |
| Fund borrowings-Consolidated Entity Excluding Vie | 78,241 | 125,241 | NaN | NaN |
| Total liabilities | NaN | NaN | 18,339,676 | 18,103,070 |
| Total liabilities-Consolidated Entity Excluding Vie | NaN | 19,709,151 | NaN | NaN |
| Total liabilities-Consolidated Entity Excluding VIEIncluding Parent | 19,382,799 | NaN | NaN | NaN |
| Redeemable interest-Consolidated Funds | NaN | NaN | 1,002,587 | 1,000,749 |
| Redeemable interest-Consolidated Entity Excluding Vie | 529,787 | 522,938 | NaN | NaN |
| Redeemable interest-Ares Operating Group | NaN | NaN | 23,176 | 22,517 |
| Redeemable interest-Parent Company | 23,612 | 24,098 | NaN | NaN |
| Non-controlling interests in consolidated funds-Consolidated Funds | NaN | NaN | 1,053,433 | 971,309 |
| Non-controlling interests in ares operating group entities-Consolidated Entity Excluding Vie | 1,515,302 | 1,258,445 | NaN | NaN |
| Non-controlling interests in ares operating group entities-Ares Operating Group | NaN | NaN | 1,231,842 | 1,271,157 |
| Non-controlling interests in ares operating group entities-Parent Company | 1,194,276 | 1,322,469 | NaN | NaN |
| Common stock-Common Class A | 1,911 | 1,871 | 1,844 | 1,812 |
| Common stock-Nonvoting Common Stock | 35 | 35 | 35 | 35 |
| Common stock-Common Class B | 0 | 0 | 0 | 0 |
| Common stock-Common Class C | 1,151 | 1,170 | 1,181 | 1,197 |
| Additional paid-in-capital | 2,387,437 | 2,391,036 | 2,262,735 | 2,182,173 |
| Accumulated deficit | -612,560 | -495,083 | -515,351 | -425,526 |
| Accumulated other comprehensive loss, net of tax | -10,480 | -5,630 | -17,265 | -9,687 |
| Total stockholders equity | 1,767,494 | 1,893,399 | 1,733,179 | 1,750,004 |
| Total equity | 4,477,072 | 4,474,313 | 4,018,454 | 3,992,470 |
| Total liabilities, redeemable interest, non-controlling interests and equity | 24,413,270 | 24,730,500 | 23,383,893 | 23,118,806 |