Ares operates four distinct but complementary investment groups that invest in the tradable credit, direct lending, real estate and private equity markets and have the ability to invest in all levels of a company’s capital structure—from senior debt to common equity.  Public entities managed by affiliates of Ares include Ares Capital Corporation (“ARCC”), one of the largest business development companies, Ares Commercial Real Estate Corporation (“ACRE”), a real estate investment trust, and certain publicly listed funds that allow retail investors to access the expertise of the Ares platform.

Our Tradable Credit Group is a leading participant in the tradable, non-investment grade corporate credit markets, with approximately $31 billion of assets under management as of March 31, 2014.(1) The group manages long-only and alternative credit strategies across various types of investment funds, ranging from comingled and separately managed accounts for institutional investors to publicly traded vehicles and sub-advised funds for retail investors.

Our Direct Lending Group is one of the largest self-originating direct lenders to the U.S. and European markets, with approximately $28 billion of assets under management across over 30 funds or investment vehicles as of March 31, 2014.(1) The group provides one-stop financing solutions to small-to-medium sized companies, which we believe are increasingly underserved by traditional lenders. 

The Ares Private Equity Group pursues opportunistic majority or shared control investments in businesses with strong franchises and attractive growth opportunities in North America and Europe, as well as growth equity opportunities in China.  As of March 31, 2014, we have approximately $10 billion of assets under management.(1)  We pursue a range of creative transaction types in an effort to maximize the risk/reward profile of our invested capital.

Our Real Estate Group manages comprehensive public and private equity and debt strategies, with approximately $8 billion of assets under management as of March 31, 2014.(1)  The group focuses on lending and investing assets that have been under-managed or need repositioning in their markets, including through a publicly traded commercial mortgage REIT, U.S. and European private equity comingled funds and separately managed accounts.

Ares Management, L.P. (“Ares”) is a publicly traded, leading global alternative asset manager with approximately $77 billion of assets under management as of March 31, 2014.(1) Its common units are traded on the New York Stock Exchange under the ticker symbol “ARES”.  Ares operates four distinct but complementary investment groups that invest in the tradable credit, direct lending, real estate and private equity markets.

Ares Capital Corporation (“ARCC”) is a specialty finance company that provides one-stop solutions to meet the distinct and underserved financing needs of private middle-market companies across diverse industries. Its common stock is publicly traded on the NASDAQ Global Select Market under the ticker symbol "ARCC". As of March 31, 2014, Ares Capital Corporation is one of the largest business development companies (“BDCs”), with approximately $8.2 billion of total assets.

Ares Commercial Real Estate Corporation (“ACRE”) is a specialty finance company organized as a real estate investment trust (REIT). Its common stock is publicly traded on the New York Stock Exchange under the ticker symbol “ACRE”. ACRE provides one-stop solutions to meet the distinct and underserved financing needs of middle-market commercial real estate, which ACRE generally defines as assets with values of $15-$100 million.

Ares publicly traded funds allow retail investors to access the expertise of the Ares platform. Ares affiliates serve as Investment Adviser.