Ares: Will It Follow Blackstone's Performance In Q2? (Earnings Preview)
BXBlackstone(BX) Seeking Alpha·2024-07-31 19:15
simonkr/E+ via Getty ImagesAres Management Corporation (NYSE:ARES) is the fourth largest US firm with asset management activities as its core business. ARES was founded in 1997, and accumulates a market cap of approximately $45.5 billion, together with trailing revenues of $3.526 billion and a total AUM of $428 billion. On Friday, the firm is set to report Q2 earnings, following a week where leading alternative asset managers will also be reporting. This is the case for Blue Owl Capital (OWL) and Apollo ...