Ares Management stock rises after strong first-quarter earnings

8 articles · Updated · Barron's · May 1

Shares gained 1.5% in premarket trading after Ares posted $142.6 million in net income and record first-quarter fundraising of $30 billion, up more than 45% year on year.
Chief executive Michael Arougheti said the firm was on track for another record fundraising year, citing broad investor demand and resilient portfolio performance despite volatile markets.
The gain offered relief after Ares shares had fallen about 25% in six months amid private credit fears, while peer Blue Owl also rose after better-than-expected results.

With record fundraising but missed profits, is Ares Management's growth model finally hitting a wall?

As retail money floods into alternatives, does Ares's stumble signal unseen risks for everyday investors?