--- title: "ARES Management LP | 8-K: FY2026 Q1 EPS: USD 0.46" type: "News" locale: "en" url: "https://longbridge.com/en/news/284955015.md" datetime: "2026-05-02T04:03:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284955015.md) - [en](https://longbridge.com/en/news/284955015.md) - [zh-HK](https://longbridge.com/zh-HK/news/284955015.md) --- # ARES Management LP | 8-K: FY2026 Q1 EPS: USD 0.46 EPS: As of FY2026 Q1, the actual value is USD 0.46. ### Financial and Operational Metrics Ares Management Corporation reported a strong first quarter for 2026 . #### Net Income GAAP net income attributable to Ares Management Corporation was $142.6 million for the quarter ended March 31, 2026, an increase from $47.170 million in Q1 2025 . #### Realized Income After-tax realized income was $452.4 million for the quarter ended March 31, 2026, an increase of 19% from $381.431 million in Q1 2025 . Total realized income was $502.7 million for Q1 2026, a 24% increase from $405.924 million in Q1 2025 . #### Fee Related Earnings (FRE) Fee related earnings were $464.4 million for the quarter ended March 31, 2026, marking a 26% increase from $367.276 million in Q1 2025 . The Fee Related Earnings margin was 42.4% for Q1 2026, up from 41.5% in Q1 2025 . #### Management Fees GAAP Management Fees were $989.5 million for Q1 2026, compared to $816.987 million in Q1 2025 . Unconsolidated Management Fees and Other Fees totaled $1,075.5 million for Q1 2026 . Management fees increased by 25% year-over-year . #### Fee Related Performance Revenues Fee Related Performance Revenues were $19.6 million for Q1 2026, a decrease from $28.051 million in Q1 2025 . #### Assets Under Management (AUM) As of March 31, 2026, Ares Management Corporation’s global platform had over $644 billion of assets under management, specifically $644.3 billion, representing an 18% increase from the prior year . This growth was driven by commitments to drawdown funds, capital raised by perpetual capital vehicles, the acquisition of BlueCove, and additional managed assets from the insurance platform . #### Fee Paying Assets Under Management (FPAUM) Total Fee Paying AUM (FPAUM) reached $399.6 billion, a 19% increase from the prior year . The growth was mainly due to capital deployment by drawdown funds, capital raised by perpetual capital vehicles, the acquisition of BlueCove, and additional managed assets from the insurance platform . #### Available Capital Available Capital stood at $158.1 billion, an 11% increase from the prior year, primarily driven by commitments to U.S. direct lending, opportunistic credit, real estate, private equity secondaries, and infrastructure secondaries strategies . #### AUM Not Yet Paying Fees AUM Not Yet Paying Fees was $101.7 billion, a 3% increase from the prior year, mainly from commitments to opportunistic credit and real estate strategies, partially offset by net deployment in European direct lending . This includes $79.4 billion available for future deployment and $4.2 billion of development assets not yet stabilized, which could collectively generate approximately $715.9 million in potential incremental annual management fees . #### Capital Raised and Deployment Capital Raised totaled $29.5 billion, with net inflows of capital amounting to $27.9 billion . The company reported record first quarter fundraising of $30 billion, up more than 45% year over year . Capital Deployment was $32.3 billion in Q1 2026, compared to $31.4 billion in Q1 2025 . Deployment by drawdown funds was $17.2 billion in Q1 2026 (vs. $16.7 billion in Q1 2025), and by perpetual capital vehicles was $16.0 billion (vs. $13.0 billion in Q1 2025) . #### Dividends A quarterly dividend of $1.35 per share of Class A common stock was declared, with payment scheduled for June 30, 2026, to stockholders of record as of June 16, 2026 . Ares Management Corporation also declared a quarterly dividend of $1.35 per share for its Class A and non-voting common stock, and $0.84375 per share for its 6.75% Series B mandatory convertible preferred stock . #### Balance Sheet and Liquidity (As of March 31, 2026) - Cash and cash equivalents: $568.8 million . - Term debt obligations: $2,961.5 million . - Amount drawn on revolving credit facility: $1,425.0 million, with $415.0 million available capacity . - Available Liquidity: $983.8 million . - Corporate investment portfolio (Unconsolidated): $2,797.8 million . - Net Accrued Performance Income: $1,011.1 million . #### Other Operational Metrics - **Acquisition**: On February 1, 2026, Ares Management Corporation completed the acquisition of BlueCove Limited, increasing AUM by $5.5 billion . - **Perpetual Capital**: $215.3 billion, a 39% increase from the prior year . - **Incentive Eligible AUM**: $333.6 billion, a 14% increase from the prior year . - **Incentive Generating AUM**: $161.0 billion, a 23% increase from the prior year . #### Segment Performance (Q1 2026 vs Q1 2025) - **Credit Group**: - Management and other fees: $699.762 million, an increase of 17% . - Fee related performance revenues: $5.256 million, a decrease of -71% . - Fee Related Earnings: $477.436 million, an increase of 17% . - Realized Income: $542.916 million, an increase of 26% . - Gross Capital Deployment: $23.7 billion, a decrease of -4% . - AUM: $422.6 billion, an increase of 18% . - FPAUM: $260.2 billion, an increase of 19% . - **Real Assets Group**: - Management and other fees: $243.378 million, an increase of 60% . - Fee related performance revenues: $2.601 million . - Fee Related Earnings: $131.969 million, an increase of 78% . - Realized Income: $110.773 million, an increase of 26% . - Gross Capital Deployment: $5.2 billion, no change . - AUM: $143.4 billion, an increase of 15% . - FPAUM: $87.1 billion, an increase of 14% . - **Secondaries Group**: - Management and other fees: $72.060 million, an increase of 25% . - Fee related performance revenues: $11.699 million, an increase of 21% . - Fee Related Earnings: $54.633 million, an increase of 35% . - Realized Income: $53.198 million, an increase of 34% . - Gross Capital Deployment: $1.1 billion, a decrease of -31% . - AUM: $42.6 billion, an increase of 36% . - FPAUM: $30.2 billion, an increase of 29% . - **Private Equity Group**: - Management and other fees: $33.619 million, an increase of 4% . - Fee Related Earnings: $14.857 million, an increase of 4% . - Realized Income: $18.613 million, an increase of 82% . - Gross Capital Deployment: $1.2 billion . - AUM: $24.7 billion, no change . - FPAUM: $14.2 billion, an increase of 25% . ### Outlook / Guidance Ares Management Corporation is on track for another record year of fundraising, supported by continued broad-based investor demand across its platform . The company is well positioned to opportunistically invest its capital and meet financial objectives for the year . This position is strengthened by an expanding global platform, a record investment pipeline, and nearly $160 billion of available capital . ### Related Stocks - [ARES.US](https://longbridge.com/en/quote/ARES.US.md) ## Related News & Research - [The Scion Group and Ares Establish Joint Venture to Acquire $910 Million U.S. Student Housing Portfolio | ARES Stock News](https://longbridge.com/en/news/287079572.md) - [Ares Management bulks up on credit funds in first quarter of 2026](https://longbridge.com/en/news/286621530.md) - [FS KKR Capital to post investor presentations on website after market close](https://longbridge.com/en/news/286815114.md) - [FG Nexus declares $0.50 quarterly dividend on 8.00% cumulative preferred stock](https://longbridge.com/en/news/286891512.md) - [Apollo Clarifies Legal Status of Recent 8-K Disclosure](https://longbridge.com/en/news/286564452.md)