Core Insights - Ares has experienced a total return of 4.39% while the S&P 500 has appreciated by 26.88% during the same period, indicating underperformance relative to the broader market [1] - The stock price of Ares has seen a significant decline since early September [1] - The focus is on undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [1] Company Analysis - Energy Transfer is highlighted as a company that was previously overlooked but now shows potential for substantial returns [1] - The investment strategy emphasizes long-term value investing while also considering deal arbitrage opportunities [1] - There is a preference for businesses that are easily understandable, avoiding high-tech and certain consumer goods sectors [1] Community Engagement - The aim is to connect with like-minded investors through Seeking Alpha, sharing insights and fostering a collaborative community focused on informed decision-making [1]

Core Insights - Ares Management Corporation has successfully raised approximately $5.3 billion for its Infrastructure Secondaries strategy, which includes the final closing of its dedicated fund, Ares Secondaries Infrastructure Solutions III [1] - The fund exceeded its initial hard cap of $2 billion, indicating strong investor interest and confidence in the strategy [1] Fund Details - The capital raised includes General Partner commitments and affiliated vehicles, showcasing a broad base of support for the fund [1] - The successful closing of ASIS III reflects Ares Management's position as a leading global alternative investment manager in the infrastructure sector [1]

Core Insights - The influx of capital into AI infrastructure is increasing the risk of overcapacity as major investors seek to benefit from the AI boom [1][2] Group 1: Investment Trends - Ares Management Corp. and other alternative asset management firms are heavily investing in data center projects to capitalize on the rising demand for processing power driven by AI [2] - Ares has set aggressive fundraising targets, aiming for over $8 billion for data centers and increasing its wealth business target to $125 billion by 2028 [3] - The firm raised $2.4 billion in the first half of the year for data centers and acquired GLP Capital Partners Ltd.'s operations for up to $5.2 billion, significantly expanding its real estate assets [4] Group 2: Strategic Focus - Ares focuses on pre-leased developments with long-term leases (15 years or more) and rent escalators to mitigate long-term risks [6] - The company is also looking to raise $70 billion for alternative credit by 2028 and anticipates the secondary market for private funds to more than double in the next five years [7] Group 3: Market Opportunities - Ares is supportive of integrating its products into retirement plans that include alternative assets, following an executive order aimed at easing such investments [8]

Core Insights - Ares Management Corporation has acquired a 49% ownership stake in a portfolio of assets from EDP Renováveis, with an estimated enterprise value of approximately $2.9 billion [1] - The portfolio consists of ten assets with a total capacity of 1,632 MW, including 1,030 MW of solar, 402 MW of wind, and 200 MW of storage capacity across four US power markets [1] Investment Details - All projects within the portfolio have long-term power purchase agreements, averaging a remaining contract period of 18 years [2] - The investment enhances Ares' presence in key domestic power markets and diversifies its interests in growing energy subsectors [3] Strategic Implications - The total capacity of power generation assets in which the Ares fund holds interests has increased to approximately 5.7 GW across 11 US states and five power markets since September 2024 [4] - EDP Renováveis is recognized as a renewable energy developer with operations in Europe, the Americas, and Asia-Pacific regions [4] Recent Transactions - In June, Ares Management's Alternative Credit funds agreed to acquire a 20% interest in Eni's subsidiary, Plenitude, for €2 billion (approximately $2.3 billion) [5]

Core Insights - Ares Management Corporation has acquired a 49% stake in a portfolio of renewable energy assets from EDP Renováveis for approximately $2.9 billion, significantly enhancing its renewable energy portfolio [1][3]. Group 1: Transaction Details - The acquisition includes a diversified portfolio of 10 projects with a total capacity of 1,632 megawatts, consisting of 1,030 MW of solar, 402 MW of wind, and 200 MW of energy storage across four U.S. power markets [1]. - Each project operates under long-term Power Purchase Agreements with an average remaining term of 18 years, providing stable revenue streams [2]. Group 2: Strategic Implications - This transaction expands Ares Infrastructure Opportunities' renewable portfolio to approximately 5.7 gigawatts of total power generation capacity across 11 states and five power markets since September 2024 [3]. - Ares Management aims to diversify its presence in key domestic power markets and growing energy subsectors through this investment [4]. Group 3: Recent Activities - In addition to the recent acquisition, Ares Management also acquired all equity interests in Meade Pipeline Co. LLC for approximately $1.1 billion in cash [5]. - ARES shares experienced a premarket increase of 1.19%, trading at $152.40 [5].

Core Insights - Ares Management has acquired a 49% stake in a portfolio of assets owned by EDP Renováveis, with the deal valued at approximately $2.9 billion [1] Company Summary - Ares Management is expanding its investment portfolio through this acquisition, indicating a strategic move to enhance its presence in the renewable energy sector [1] - EDP Renováveis is benefiting from this transaction by monetizing a portion of its assets while retaining a majority stake [1]

Core Insights - Ares Management Corporation has acquired a 49% stake in a portfolio of assets from EDP Renováveis, with the total estimated enterprise value for 100% of the portfolio being approximately $2.9 billion [1] Company Summary - Ares Management Corporation is a leading global alternative investment manager [1] - EDP Renováveis, S.A. is recognized as a leading global developer, owner, and operator of renewable energy infrastructure [1]

Core Points - Ares Management Corporation will report its earnings for the third quarter ending September 30, 2025 on November 3, 2025 [1] - The earnings report will be released prior to the opening of the New York Stock Exchange [1] - A webcast/conference call is scheduled for the same day at 9:00 a.m. [1]

Core Insights - Ares Management Corporation (NYSE:ARES) is recognized as one of the best long-term investment stocks, demonstrating consistent revenue and dividend growth [1] Group 1: Investment Ratings and Price Targets - TD Cowen has reaffirmed its Buy rating on Ares Management Corporation with a price target of $205 following a detailed sell-side teach-in [2] - The company has increased its projections for assets under management and fee-related earnings, indicating strong growth potential [3] Group 2: Financial Performance - Ares Management reported second-quarter 2025 sales of $1.35 billion, which is approximately 30% higher than expectations, although its earnings per share (EPS) of $1.03 were only slightly above the predicted $1.09, reflecting mixed short-term financial results [4] Group 3: Market Position and Growth Areas - Ares is positioned to capture significant market share in large addressable markets estimated to be worth $200 trillion, where it currently holds less than 0.5% [3] - The company focuses on direct lending and private equity investments, with operations spanning the US, Europe, and Asia [4]

Core Insights - EP Wealth Advisors has signed an agreement with Ares Management for a significant minority stake acquisition, enhancing its growth strategy with nearly $40 billion in assets under management [1][2] - The deal is expected to close next month, with management retaining control over the company and its board, while co-founders will maintain meaningful ownership [2] - EP recently issued a $400 million seven-year term loan and a $100 million five-year revolving credit facility, receiving credit ratings from S&P Global Ratings and Moody's, indicating its strong market position [3][5] Company Strategy - The partnership with Ares is seen as a strategic move to bring in a second minority investor alongside Berkshire Partners, aimed at accelerating growth in a sustainable manner [4][6] - A portion of the capital from the deal will be used for liquidity in secondary markets, including repurchasing shares from retiring employees and providing liquidity to long-term shareholders [7]