verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . september 2014 learn how and when to remove this template message ares management type public traded as nyse ares industry asset management founder antony ressler john kissick michael arougheti david kaplan and bennett rosenthal headquarters 2000 avenue of the stars los angeles products credit liquid and illiquid strategies corporate loans high yield bonds institutional credit credit opportunities special situations asset backed direct lending in the u.s. and europe private equity north american and european flexible capital u.s. power and infrastructure assets china growth capital and real estate debt and equity u.s. and european value add and opportunistic total assets 94 billion 1 number of employees 870 2015 website www.aresmgmt.com www.arescapitalcorp.com www.arescre.com www.arespublicfunds.com ares management l.p. is a publicly traded global alternative asset manager focused on alternative strategies including credit private equity and real estate activities . ares has principal offices located in los angeles new york london chicago dallas atlanta frankfurt paris stockholm hong kong shanghai san francisco boston luxembourg chengdu dubai sydney and washington d.c. 2 the firm s co founders include antony ressler michael arougheti david kaplan john h. kissick and bennett rosenthal who together with bill benjamin seth brufsky janine cristiano michael dennis greg margolies kipp deveer mitch goldstein blair jacobson john jardine ann kono herb magid michael weiner michael smith steven wolf and michael mcferran comprise the senior management team and majority ownership of ares . the board of directors include the five co founders as well as outside directors paul joubert michael lynton and judy olian . 3 contents 1 history 2 operations 3 references 4 external links history edit the firm was established in 1997 . 4 ares capital management llc a subsidiary of ares management l.p. and an sec registered investment adviser is the investment adviser to ares capital corporation a publicly traded closed end non diversified specialty finance company that is regulated as a business development company or a bdc under the investment company act of 1940 nasdaq arcc . established in 2004 ares capital corporation provides financing for middle market acquisitions recapitalizations and leveraged buyouts mainly in the united states . ares management limited a subsidiary of ares management l.p. was established in 2006 as an expansion of the ares business platform into europe . as such it is focused on ares european capital markets operations . ares management limited is authorized under the financial services authority fsa in the united kingdom to provide certain investment advisory services . in may 2007 a minority interest in the firm was acquired by an international institutional investor abu dhabi investment authority . the investor is experienced in alternative asset classes and did not acquire any voting or governance rights via its investment . 5 in may 2014 ares management completed its initial public offering and is currently listed on the new york stock exchange nyse ares . 6 in april 2016 ares management closed its fifth global private equity fund raising 7.85 bn 6.95 bn . 7 operations edit ares investment activities are conducted through three business platforms ares credit group manages liquid and illiquid credit strategies across the non investment grade credit universe with approximately 60.0 billion in assets under management as of may 10 2016 . 8 credit strategies include corporate loans high yield bonds institutional credit credit opportunities special situations asset backed direct lending in the u.s. and europe . ares u.s. corporate lending activities are primarily conducted through ares capital corporation and a separate commercial finance business that provides asset based and cash flow loans to small and middle market companies . ares european direct lending platform focuses on self originated investments in illiquid middle market credits across commingled funds separately managed accounts and joint venture lending programs . ares private equity group makes opportunistic majority or shared control investments principally in under capitalized middle market companies and manages investments in u.s. power and infrastructure assets across the power generation transmission and midstream sectors . the private equity group manages approximately 23.3 billion in assets under management through four corporate private equity commingled funds focused on north america and to a lesser extent europe one china growth fund and four commingled funds and six related co investment vehicles focused on u.s. power and infrastructure assets as of may 10 2016 . 8 ares real estate group manages public and private equity and debt investments in real estate assets in north america and europe . with approximately 10.2 billion in assets under management the real estate group manages several investment vehicles including its publicly traded reit ares commercial real estate corporation u.s. and european real estate private equity commingled funds and real estate equity and debt separately managed accounts as of may 10 2016 . 8 references edit about ares . arescapitalcorp.com . retrieved december 4 2015 . office locations . aresmgmt.com . retrieved april 7 2015 . our team . retrieved april 7 2016 . devin banerjee jodi xu klein and leslie picker march 27 2014 . ares management said to prepare to file for ipo in days . bloomberg news . exclusive private equity firm ares rejects pitches to do ipo soon . reuters . ares falls in debut after first private equity ipo since 12 . bloomberg . ares raises 7.85 bn for global fund . real deals . 26 april 2016 . a b c ares management form 10 q as filed with the sec on may 10 2016 . external links edit ares management company website ares capital corp arcc company website ares commercial real estate acre company website www.adviserinfo.sec.gov v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title ares management & oldid 743511791 categories private equity firms of the united statescompanies based in los angelescompanies established in 1997companies listed on nasdaqhidden categories articles needing additional 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