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Ares Management (ARES) investor relations material
Ares Management Bank of America Financial Services Conference 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Macro and industry outlook
Deal environment for 2026 is expected to be strong, with record-high transaction pipelines and capital deployment in Q4 and January, signaling healthy transaction volumes barring unforeseen macro events.
Constructive rate backdrop, pro-business administration, deregulatory stance, and banks de-risking are catalyzing deal flow, with real estate volumes picking up and private equity portfolios aging.
AI disruption is seen as both a risk and an opportunity, with digital infrastructure and renewable energy investment opportunities emerging.
Strategic priorities and business development
Top priorities include expanding digital infrastructure, especially in Japan, diversifying global industrial real estate, and developing vertically integrated real estate capabilities.
Private equity is not a top-five priority but remains an area of potential future growth, with benefits for institutional client inflows and value creation across the platform.
Focus on margin improvement through technology investment and organizational redesign, aiming to accelerate FRE margin growth.
Financial targets and performance
FRE growth target reaffirmed at 16%-20%+ per year, RI at 20%+ per year, and wealth AUM target raised to $125 billion, with high conviction in achieving these goals.
Dividend increased by 20%, reflecting confidence in capital management and alignment with FRE growth.
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