XML 116 R76.htm IDEA: XBRL DOCUMENT v3.25.2
SEGMENT REPORTING - Schedule of Financial Results for Company's Operating Segments and OMG (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment reporting        
Total revenues $ 1,350,128 $ 788,682 $ 2,438,933 $ 1,496,045
Compensation and benefits (643,709) (419,858) (1,300,834) (832,809)
General, administrative and other expenses (232,156) (169,432) (460,070) (340,360)
Management fees        
Segment reporting        
Total revenues 900,622 721,681 1,717,609 1,409,373
Fee related performance revenues        
Segment reporting        
Total revenues 16,697 21,567    
Total        
Segment reporting        
Compensation and benefits (421,472) (320,153) (798,654) (620,168)
General, administrative and other expenses (162,517) (126,084) (302,656) (241,357)
Fee related earnings 409,111 324,516 776,387 626,186
Performance income—realized 55,554 109,642 181,002 132,823
Performance related compensation—realized (39,071) (68,996) (123,487) (82,152)
Realized net performance income 16,483 40,646 57,515 50,671
Investment income (loss)—realized 12,240 6,861 23,935 13,800
Interest income 3,555 28,635 25,863 36,981
Interest expense (43,575) (37,500) (79,962) (75,324)
Realized net investment income (loss) (27,780) (2,004) (30,164) (24,543)
Realized income 397,814 363,158 803,738 652,314
Total | Management fees        
Segment reporting        
Total revenues 900,285 726,111 1,718,661 1,419,476
Total | Fee related performance revenues        
Segment reporting        
Total revenues     44,748 25,284
Total | Other fees        
Segment reporting        
Total revenues 76,118 23,075 114,288 42,951
Operating segment        
Segment reporting        
Fee related earnings (605,102) (471,316) (1,147,335) (913,290)
Performance income—realized 55,554 109,642 181,002 132,823
Performance related compensation—realized (39,071) (68,996) (123,487) (82,152)
Realized income (594,058) (509,423) (1,174,261) (938,471)
OMG        
Segment reporting        
Compensation and benefits (134,645) (98,370) (251,113) (192,527)
General, administrative and other expenses (69,177) (53,910) (133,203) (104,390)
Fee related earnings (195,991) (146,800) (370,948) (287,104)
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized (893) 229 (562) 239
Interest income 646 411 1,249 853
Interest expense (6) (105) (262) (145)
Realized net investment income (loss) (253) 535 425 947
Realized income (196,244) (146,265) (370,523) (286,157)
OMG | Management fees        
Segment reporting        
Total revenues 0 0 0 0
OMG | Fee related performance revenues        
Segment reporting        
Total revenues 0 0 0 0
OMG | Other fees        
Segment reporting        
Total revenues 7,831 5,480 13,368 9,813
Ares Management L.P        
Segment reporting        
Total revenues 1,350,128 788,682 2,438,933 1,496,045
Ares Management L.P | Operating segment        
Segment reporting        
Compensation and benefits (286,827) (221,783) (547,541) (427,641)
General, administrative and other expenses (93,340) (72,174) (169,453) (136,967)
Fee related earnings 605,102 471,316 1,147,335 913,290
Performance income—realized 55,554 109,642 181,002 132,823
Performance related compensation—realized (39,071) (68,996) (123,487) (82,152)
Realized net performance income 16,483 40,646 57,515 50,671
Investment income (loss)—realized 13,133 6,632 24,497 13,561
Interest income 2,909 28,224 24,614 36,128
Interest expense (43,569) (37,395) (79,700) (75,179)
Realized net investment income (loss) (27,527) (2,539) (30,589) (25,490)
Realized income 594,058 509,423 1,174,261 938,471
Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Compensation and benefits (160,205) (142,658) (324,952) (277,507)
General, administrative and other expenses (44,302) (40,610) (85,350) (74,976)
Fee related earnings 426,310 368,281 834,904 720,698
Performance income—realized 21,915 98,256 76,027 115,022
Performance related compensation—realized (13,248) (60,942) (47,506) (69,676)
Realized net performance income 8,667 37,314 28,521 45,346
Investment income (loss)—realized 4,096 9,391 9,475 11,156
Interest income 1,135 1,686 5,555 4,453
Interest expense (4,714) (8,467) (11,022) (17,220)
Realized net investment income (loss) 517 2,610 4,008 (1,611)
Realized income 435,494 408,205 867,433 764,433
Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Compensation and benefits (80,289) (39,125) (136,991) (77,043)
General, administrative and other expenses (30,695) (15,286) (51,547) (29,739)
Fee related earnings 113,645 51,643 187,924 98,161
Performance income—realized 3,681 5,206 68,986 8,883
Performance related compensation—realized (2,317) (3,503) (49,124) (5,731)
Realized net performance income 1,364 1,703 19,862 3,152
Investment income (loss)—realized 6,544 (6,999) 14,463 (4,321)
Interest income 665 2,598 3,283 3,298
Interest expense (24,570) (7,876) (40,287) (15,282)
Realized net investment income (loss) (17,361) (12,277) (22,541) (16,305)
Realized income 97,648 41,069 185,245 85,008
Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Compensation and benefits (16,796) (14,075) (30,627) (28,860)
General, administrative and other expenses (5,559) (5,490) (9,816) (10,706)
Fee related earnings 9,846 14,454 24,153 29,825
Performance income—realized 29,958 5,819 35,989 8,557
Performance related compensation—realized (23,506) (4,661) (26,857) (6,855)
Realized net performance income 6,452 1,158 9,132 1,702
Investment income (loss)—realized 369 462 (4,233) 761
Interest income 1 3 2,023 8
Interest expense (3,810) (4,685) (7,990) (9,347)
Realized net investment income (loss) (3,440) (4,220) (10,200) (8,578)
Realized income 12,858 11,392 23,085 22,949
Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Compensation and benefits (23,067) (20,825) (41,438) (33,539)
General, administrative and other expenses (10,076) (8,896) (18,549) (17,964)
Fee related earnings 50,537 33,641 91,121 59,246
Performance income—realized 0 361 0 361
Performance related compensation—realized 0 110 0 110
Realized net performance income 0 471 0 471
Investment income (loss)—realized 17 127 155 314
Interest income 23 21 980 44
Interest expense (1,862) (7,716) (3,870) (15,945)
Realized net investment income (loss) (1,822) (7,568) (2,735) (15,587)
Realized income 48,715 26,544 88,386 44,130
Ares Management L.P | Operating segment | Other        
Segment reporting        
Compensation and benefits (6,470) (5,100) (13,533) (10,692)
General, administrative and other expenses (2,708) (1,892) (4,191) (3,582)
Fee related earnings 4,764 3,297 9,233 5,360
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized 2,107 3,651 4,637 5,651
Interest income 1,085 23,916 12,773 28,325
Interest expense (8,613) (8,651) (16,531) (17,385)
Realized net investment income (loss) (5,421) 18,916 879 16,591
Realized income (657) 22,213 10,112 21,951
Ares Management L.P | Operating segment | Management fees        
Segment reporting        
Total revenues 900,285 726,111 1,718,661 1,419,476
Ares Management L.P | Operating segment | Management fees | Credit Group        
Segment reporting        
Total revenues 617,141 534,664 1,202,537 1,045,630
Ares Management L.P | Operating segment | Management fees | Real Assets Group        
Segment reporting        
Total revenues 175,924 99,609 306,377 193,423
Ares Management L.P | Operating segment | Management fees | Private Equity Group        
Segment reporting        
Total revenues 31,767 33,572 63,765 68,505
Ares Management L.P | Operating segment | Management fees | Secondaries Group        
Segment reporting        
Total revenues 61,643 48,145 119,293 92,566
Ares Management L.P | Operating segment | Management fees | Other        
Segment reporting        
Total revenues 13,810 10,121 26,689 19,352
Ares Management L.P | Operating segment | Fee related performance revenues        
Segment reporting        
Total revenues 16,697 21,567 44,748 25,284
Ares Management L.P | Operating segment | Fee related performance revenues | Credit Group        
Segment reporting        
Total revenues 314 6,404 18,709 7,159
Ares Management L.P | Operating segment | Fee related performance revenues | Real Assets Group        
Segment reporting        
Total revenues 147 0 147 0
Ares Management L.P | Operating segment | Fee related performance revenues | Private Equity Group        
Segment reporting        
Total revenues 0 0 0 0
Ares Management L.P | Operating segment | Fee related performance revenues | Secondaries Group        
Segment reporting        
Total revenues 16,236 15,163 25,892 18,125
Ares Management L.P | Operating segment | Fee related performance revenues | Other        
Segment reporting        
Total revenues 0 0 0 0
Ares Management L.P | Operating segment | Other fees        
Segment reporting        
Total revenues 68,287 17,595 100,920 33,138
Ares Management L.P | Operating segment | Other fees | Credit Group        
Segment reporting        
Total revenues 13,362 10,481 23,960 20,392
Ares Management L.P | Operating segment | Other fees | Real Assets Group        
Segment reporting        
Total revenues 48,558 6,445 69,938 11,520
Ares Management L.P | Operating segment | Other fees | Private Equity Group        
Segment reporting        
Total revenues 434 447 831 886
Ares Management L.P | Operating segment | Other fees | Secondaries Group        
Segment reporting        
Total revenues 5,801 54 5,923 58
Ares Management L.P | Operating segment | Other fees | Other        
Segment reporting        
Total revenues $ 132 $ 168 $ 268 $ 282