"Despite the continued market volatility and slower transaction activity, we achieved strong growth in many of our key financial metrics in the first quarter, including mid 20% year over year growth in management fees and fee related earnings," said Michael Arougheti, CEO and President of Ares. "With $16B in gross inflows in the Q1, we are off to a strong start with our fundraising pipeline as we continue to experience strong investor demand for our private capital offerings."
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