Ares Management Corp (NYSE:ARES)

$ 143.62 -0.94 (-0.65%) Market Cap: 27.96 Bil Enterprise Value: 42.40 Bil PE Ratio: 64.40 PB Ratio: 14.45 GF Score: 79/100

Ares Management Corp at Goldman Sachs U.S. Financial Services Conference Transcript

Dec 10, 2019 / 04:10PM GMT

Release Date Price: $33.65 (+2.31%)

Transcript

Alexander Blostein

Goldman Sachs Group Inc., Research Division - Lead Capital Markets Analyst

Okay. Great. So we're going to get started. Next up, I'd like to welcome Mike Arougheti, Co-Founder, President and CEO of Ares. With deep expertise in credit markets, Ares has been one of the faster-growing alternative asset managers in the space, averaging over 20% fee-related earnings growth over the last 3 years with significant runway into 2020. We look forward to getting Mike's perspective on current investment environment, and of course, how Ares is positioned to continue its growth from here. So welcome, and thanks for being here.

Michael J. Arougheti

Ares Management Corporation - Co-Founder, CEO, President & Director

Thanks for having us. Great to be here.

Questions & Answers

Alexander Blostein

Goldman Sachs Group Inc., Research Division - Lead Capital Markets Analyst

So I wanted to kick off this conversation with a little bit of a look back, actually. Because when you think about where we were this

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