The company said GAAP net income attributable to Ares Management Corporation was $177.3 million for the quarter ended December 31, 2024, and net income per share of Class A and non-voting common stock was $0.72 on both a basic and diluted basis.

1. 01

   The company said GAAP net income attributable to Ares Management Corporation was $177.3 million for the quarter ended December 31, 2024, and net income per share of Class A and non-voting common stock was $0.72 on both a basic and diluted basis.

2. 02

   Ares said after-tax realized income was $434.7 million for the quarter ended December 31, 2024, after-tax realized income per share of Class A common stock was $1.23, and fee related earnings were $396.2 million.

3. 03

   The company said it raised $93 billion of new funds in 2024, ended the year with $484 billion of assets under management (AUM), and had a record $95 billion of AUM not yet paying fees.

4. 04

   Ares said it declared a quarterly dividend of $1.12 per share on its Class A and non-voting common stock, payable on March 31, 2025, and a dividend of $0.84375 per share on its 6.75% Series B mandatory convertible preferred stock, payable on April 1, 2025.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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