Ares Management (ARES) Tops Q3 EPS by 8c
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Ares Management, L.P. Reports Third Quarter Results
November 7, 2016 6:00 AM ESTLOS ANGELES--(BUSINESS WIRE)-- Ares Management, L.P. (NYSE: ARES) today reported its financial results for its third quarter ended September 30, 2016.
Ares generated another quarter of strong financial results as third quarter economic net income and distributable earnings increased across all three investment groups compared to the same period last year, said Tony Ressler, Chairman and Chief Executive Officer of Ares. With more than $4 billion in new capital commitments during the third quarter, our broad investment platform continues to attract existing and new investors to our funds as they seek alternative, less... More
