Want to see ARES full AI Analyst Report?
Assets Under Management By Segment
Tracks the total value of assets managed in each segment, reflecting the firm's market presence and capacity to attract and retain client investments.Credit AUM has become Ares’ engine of scale while Real Assets and Secondaries ballooned after big fundraising and new product closes, shifting the firm toward fee‑bearing, repeatable capital. Private Equity is relatively flat-to-down, implying realizations/reallocations rather than fresh PE expansion, and Strategic Initiatives have been absorbed or reclassified as products matured. Management’s call (record credit raises, ASOF/SDL closes, abundant dry powder and rising management fees/FRE margins) validates the strategic tilt but flags timing/cadence risk for performance fees amid softer U.S. direct‑lending activity.
Date | Credit | Private Equity | Real Assets | Secondaries Group | Other | Strategic Initiatives |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $440.50B | $24.50B | $151.20B | $44.20B | $10.90B | $0.00 |
Mar 31, 2026 | $422.60B | $24.70B | $143.40B | $42.60B | $11.00B | $0.00 |
Dec 31, 2025 | $406.90B | $25.30B | $139.10B | $42.10B | $9.10B | $0.00 |
Sep 30, 2025 | $391.45B | $25.10B | $132.35B | $38.38B | $8.38B | $0.00 |
Jun 30, 2025 | $377.11B | $23.77B | $129.77B | $33.95B | $7.79B | $0.00 |
Mar 31, 2025 | $359.08B | $24.73B | $124.19B | $31.31B | $6.57B | $0.00 |
Dec 31, 2024 | $348.86B | $24.04B | $75.30B | $29.15B | $7.10B | $0.00 |
Sep 30, 2024 | $335.32B | $24.50B | $70.35B | $27.25B | $6.37B | $0.00 |
Jun 30, 2024 | $323.12B | $24.58B | $67.69B | $26.30B | $5.53B | $0.00 |
Mar 31, 2024 | $308.64B | $24.48B | $64.10B | $25.64B | $5.48B | $0.00 |