Ares Earnings: Decent Q3 Results and Lack of Any Bad Credit-Related News Net Positives
Ares Management exited September 2026 with $416.4 billion in fee-earning assets, up 1.6% sequentially and 13.3% year over year. Base management fee revenue increased 10.2% year over year to $1.1 billion in the quarter, while fee-related earnings increased 11.2% to $524 million.