Ares Management (ARES) Misses Q4 EPS by 6c

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Go back to Ares Management (ARES) Misses Q4 EPS by 6c

Ares Management, L.P. Reports Fourth Quarter and Full Year 2015 Results

February 29, 2016 6:00 AM EST

Total assets under management (AUM)1 increased to $93.6 billion, a 14.5% increase year over year $10.6 billion in gross capital raised during the three months ended December 31, 2015 and $23.0 billion raised over the year ended December 31, 2015 Available Capital increased to $22.4 billion compared to $18.2 billion at December 31, 2014 AUM Not Yet Earning Fees reached a record $15.5 billion, an increase of 67.6% compared to December 31, 2014 Fee related earnings of $39.8 million and $177.0 million for the three months and year ended December 31, 2015, respectively, down 0.6% and up 20.2% from the three months and year ended... More