Ares Management Corporation, founded in 1977, is an alternative asset firm of 1,200 employees and overseeing $149 billion of assets under management, that is headquartered in Los Angeles. Its primary goal is to “deliver attractive performance” to a global investor base—including credit, private equity, and real estate.
In 2019, Ares Management won several industry awards for its investment activities. The firm was awarded Private Debt Investor’s Global Fund Manager of the Year, Lender of the Year, Junior Lender of the Year, Business Development Company of the Year, and Renewables Deal of the Year, as well as Private Equity International’s Lender of the Year in North America.
Ares in Motion (A.I.M), was created by Ares Management to foster community involvement and offer a variety of volunteer opportunities to its employees. Each year, the program hosts its Annual Global Volunteer Initiative, where employees plan community-based events and projects, provide classroom training for students in under-served communities, and have the opportunity to have their charitable giving matched by the company. In 2018, Ares employees donated over $1 million to 412 nonprofits, including American Red Cross, Heal the Bay, New York Cares, and Gallop NYC.
Ares Management has also partnered with HSF, in support of HSF’s Alumni Hall of Fame (AHOF) Gala, which honors distinguished Latinos whose personal journeys to success exemplify the goals and values of the Hispanic Scholarship Fund. Notable past inductees include Rosie Rios (former Treasurer of the United States), Dr. Richard Carmona (former US Surgeon General), Anthony Romero (Executive Director, ACLU), Raul Yzaguirre (former US Ambassador to the Dominican Republic), Luis Ubinas (Former President, Ford Foundation), and Cesar Conde (Chairman, NBCUniversal International Group and NBCUniversal Telemundo Enterprises).