Ares Management (ARES) Sets $750 Billion AUM Target by 2028

Ares Management Corporation ARES, a prominent alternative asset manager with operations in the United States, Europe, and Asia, has set an ambitious goal to substantially grow its assets under management (AUM). The company is eyeing an increase to over $750 billion in AUM by the year 2028. This strategic objective is expected to be achieved by scaling up its existing funds, as well as launching and nurturing new investment strategies, to cater to a diverse range of investors.

Expansion Strategy

In its quest to expand the AUM, Ares Management is leveraging both organic growth and strategic initiatives. The firm intends to reinforce successful funds that already exhibit a strong performance history while identifying and implementing growth opportunities in high-demand sectors. Additionally, Ares plans to explore innovative financial products and seek to make headways into new markets, capitalizing on its global presence and expertise.

Competitive Landscape

The asset management industry is highly competitive, with several key players vying for market share. Ares Management competes with firms such as Artisan Partners Asset Management Inc. APAM, which operates out of its headquarters in Milwaukee, Wisconsin and several other locations including Atlanta, New York City, San Francisco, Leawood, and London. Moreover, companies like Capital Southwest Corporation CSWC, which specialize in providing financing solutions, add to the dynamic market scenario Ares operates within.

Industry Outlook

The asset management industry is poised for growth as investors continue to seek diverse portfolios and investment opportunities. Firms with the ability to launch novel strategies and expand into emerging markets are likely to capture a significant share of the growing market. Ares Management's aggressive growth plan positions them as a forward-thinking entity within this landscape, paving the way for potentially increased investor confidence and market performance.

Ares, Management, Growth