Core Viewpoint - Ares Management (ARES.US) shares rose over 7% to $175.83 after the announcement of its inclusion in the S&P 500 index, coinciding with Mars Inc.'s acquisition of Kellanova valued at $36 billion [1]. Group 1 - Ares Management will officially join the S&P 500 index before the market opens on December 11 [1]. - The inclusion of Ares Management comes ahead of the previously announced additions of Carvana (CVNA), CRH (CRH), and Comfort Systems USA (FIX), which will be added on December 22 [1]. - Being part of the S&P 500 index signifies market recognition for the constituent companies and necessitates that funds tracking the index purchase their stocks [1].

格隆汇12月9日｜资产管理公司Ares Management(ARES.US)盘后涨超7%，报175.83美元。继宣布三家公 司即将被纳入标普500指数后，该指数委员会又宣布纳入一家新公司。据标普道琼斯指数公司表示， Ares Management即将于12月11日开盘前加入该基准指数。此举正值玛氏公司(Mars Inc.)即将完成对 Kellanova 价值360亿美元的收购交易之际。Kellanova是品客(Pringles)和Pop-Tarts的制造商。这一消息意 味着，资产管理公司Ares Management将早于上周五收盘后宣布纳入的三家公司，成为标普500指数的成 分股。作为常规季度调整的一部分，Carvana (CVNA)、CRH (CRH)和Comfort Systems USA (FIX)将于12 月22日开盘前正式加入该指数。在标准普尔500指数中占有一席之地对成分股来说是一种市场认可，此 外，这也意味着追踪该基准指数的基金将不得不买入其股票。 ...

Core Points - S&P Dow Jones Indices announced changes to the S&P 500 and S&P SmallCap 600 indices, effective December 11 and December 15, 2025 [1][4] Group 1: S&P 500 Changes - Ares Management (Ticker: ARES) will be added to the S&P 500, replacing Kellanova (Ticker: K) which is being acquired by Mars Inc. [1][4] - The acquisition of Kellanova is expected to close soon, pending final closing conditions [4] Group 2: S&P SmallCap 600 Changes - Vital Farms (Ticker: VITL) will replace Heidrick & Struggles International (Ticker: HSII) in the S&P SmallCap 600, with the latter being acquired by Advent International and Corvex Private Equity [1][4] - Sezzle (Ticker: SEZL) will be added to the S&P SmallCap 600, replacing Vital Energy (Ticker: VTLE), which is being acquired by Crescent Energy Co. [1][4] - The changes for the S&P SmallCap 600 will take effect on December 11 and December 15, 2025 [1]

Hello, tech editor Alexei Oreskovic, pitching in for Allie. We’ve been enjoying some crisp blue-sky days here in San Francisco in true December fashion. For the folks at OpenAI however, the days have been red — Code Red. In case you haven’t been following, OpenAI CEO Sam Altman on Monday declared a “Code Red” alert in a memo to employees, according to the Information and the Wall Street Journal. The alert, the highest level on OpenAI’s three-point scale, is essentially an all-hands-on-deck call to mobilize ...

Core Insights - MGT has secured a $350 million investment from Ares Management Corporation, valuing the company at $1.25 billion [1] - The investment is aimed at expanding MGT's capacity for larger acquisitions and accelerating growth in its value-creation plan [1] - MGT has tripled its enterprise value since Vistria's majority investment in April 2023, driven by a programmatic M&A strategy and strong organic growth [1] Company Overview - MGT serves state, local, and education (SLED) clients, impacting over 200 million people annually, including 20 million K-12 students [1] - The company has over 1,100 employee-owners and serves more than 2,500 clients with a focus on technology modernization, AI, cyber security, and K-12 school improvement [1] - Founded in 1975, MGT has rapidly expanded since 2016 through organic growth and 13 strategic acquisitions [1] Financial Performance - MGT ranked No. 830 on the Inc. 5000 list of the fastest-growing private companies and No. 6 on CRN's Fast Growth 150 list in 2025 [1] - Ares Management Corporation manages approximately $572 billion in assets, indicating strong financial backing for MGT's future growth [1]

Core Insights - Ares Management Corporation has launched a new brand, Marq Logistics, to unify its global logistics real estate platforms, managing over 600 million square feet of facilities across the Americas, Europe, and APAC [1][5]. Group 1: Brand and Platform Consolidation - Marq combines Ares' logistics real estate platforms in North America and Europe, including Ares Industrial Management, with the global GLP logistics platform outside of China [2]. - The consolidation follows Ares' acquisition of GLP Capital Partners Limited's international business, which was completed in March 2025 [2]. Group 2: Strategic Goals and Operations - Marq aims to deliver global scale and local operational excellence to logistics tenants, positioning itself as a landlord of choice [3][4]. - The brand is focused on providing best-in-class solutions and a consistent experience for tenants globally [3][5]. Group 3: Company Overview - Ares Management Corporation manages approximately $110 billion in assets as of September 30, 2025, and has a global platform with over $595 billion in assets under management [4][6]. - The company operates across various asset classes, including credit, real estate, private equity, and infrastructure [6].

Core Insights - The continuation vehicle (CV) strategy is facing scrutiny following a significant failure involving United Site Services (USS), leading to potential losses for major financial institutions totaling $1.4 billion [1][2]. Group 1: Continuation Vehicle Overview - The CV was created by Platinum Equity in 2021 to transition USS from an older private equity fund to a new fund, valuing USS at $4 billion [2]. - The CV allowed investors in the original fund to cash out approximately $2.6 billion without selling the company outright, reflecting a trend to monetize assets amid a sluggish deal-making environment [3]. Group 2: Challenges Faced by USS - USS encountered difficulties despite initial optimism for a post-COVID recovery in events and construction, with higher interest rates negatively impacting both the construction sector and USS's financial health [4]. - The company struggled with debt servicing, which consumed its cash flow, and faced challenges in integrating multiple prior acquisitions [4]. Group 3: Implications for Investors - Platinum Equity is preparing to transfer control of USS to lenders, which may result in total losses for investors in the CV [5]. - The situation underscores the risks associated with continuation vehicles, which accounted for nearly 20% of all private asset exits in the first half of 2025 [6]. - While CVs provide flexibility for private equity firms to retain promising assets, the USS case illustrates the potential for investors to be left with concentrated, illiquid, and failing investments [7].

Group 1 - Ares Management Corporation's Co-Founder and CEO, Michael Arougheti, is scheduled to present at the Goldman Sachs Financial Services Conference on December 10, 2025, at 8:40 am ET [1] - A live audio webcast of the presentation will be available in the Investor Resources section of the company's website [1]

Core Insights - The article compares Affiliated Managers Group (AMG) and Ares Management (ARES) to identify which company presents a better investment opportunity for undervalued stocks [1] Group 1: Zacks Rank and Earnings Outlook - AMG has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision trend compared to ARES, which has a Zacks Rank of 3 (Hold) [3] - The improving analyst outlook for AMG suggests a positive earnings estimate revision activity [3][7] Group 2: Valuation Metrics - AMG's forward P/E ratio is 10.22, significantly lower than ARES's forward P/E of 29.04, indicating that AMG may be undervalued [5] - AMG has a PEG ratio of 0.57, while ARES has a PEG ratio of 1.14, further suggesting that AMG is a better value option based on expected earnings growth [5] - AMG's P/B ratio is 1.71, compared to ARES's P/B of 6.74, reinforcing AMG's position as a more attractive investment based on market value versus book value [6] - These metrics contribute to AMG's Value grade of A and ARES's Value grade of C [6]

Durham, NC, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Aspida Holdings Ltd. (“Aspida”), a life insurance and annuity company, announced today the appointment of Suzanne Sadlier as Head of Regulatory Affairs. In this role, Ms. Sadlier will oversee regulatory engagement across Aspida’s U.S., Bermuda, and Cayman platforms. Ms. Sadlier brings more than two decades of leadership in international insurance, captive management, and regulatory oversight. She previously served as Executive Vice President of Captive Managemen ...