Ares Management, L.P. (ARES) Misses Q4 EPS by 9c (Earlier)
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Ares Management, L.P. Reports Fourth Quarter and Full Year 2014 Results
March 5, 2015 8:01 AM ESTTotal assets under management1 increased to $81.8 billion, a 10.5% increase year over year Pro forma for the acquisition of Energy Investors Funds (EIF) as of December 31, 20142, AUM increased 15.8% to $85.7 billion $3.3 billion in gross capital raised in Q4 2014 with approximately $16.5 billion raised during the last year Management fees reached 88.7% of total fee revenue for the three months ended December 31, 2014 and 89.3% of total fee revenue for the year ended December 31, 2014 Fee related earnings were $40.0 million for the three months ended December 31, 2014 and $147.3 million for the year ended... More
