v3.26.1
CONSOLIDATION - Schedule of Consolidating Effects of the Consolidated Funds on the Company's Financial Condition (Details) - USD ($)
$ / shares in Units, $ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Assets            
Intangible assets, net $ 777,400 $ 798,430        
Goodwill 3,463,416 3,454,107        
Total assets 28,394,933 28,633,369        
Liabilities            
Operating lease liabilities 730,133          
Total liabilities 20,011,654 19,931,981        
Commitments and contingencies        
Stockholders’ Equity            
Additional paid-in-capital 4,204,689 4,242,678        
Accumulated deficit (1,656,571) (1,452,259)        
Accumulated other comprehensive income, net of tax 13,989 21,743        
Total stockholders’ equity 4,025,435 4,275,463        
Total equity 8,359,400 8,676,092 $ 8,606,280 $ 8,257,198 $ 8,211,839 $ 6,824,190
Total liabilities, redeemable interest, non-controlling interests and equity 28,394,933 28,633,369        
Series B Mandatory Convertible Preferred Stock            
Stockholders’ Equity            
Series B mandatory convertible preferred stock, $0.01 par value, 1,000,000,000 shares authorized (30,000,000 shares issued and outstanding) $ 1,460,030 $ 1,460,030        
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01        
Preferred stock, shares issued (in shares) 30,000,000 30,000,000        
Preferred stock, shares authorized (in shares) 1,000,000,000 1,000,000,000        
Preferred stock, shares outstanding (in shares) 30,000,000 30,000,000        
Class A Common Stock            
Stockholders’ Equity            
Common stock $ 2,220 $ 2,185        
Common stock, par value (in dollars per share) $ 0.01 $ 0.01        
Common stock, shares authorized (in shares) 1,500,000,000 1,500,000,000        
Common stock, shares issued (in shares) 221,961,696 218,465,429        
Common stock, shares outstanding (in shares) 221,961,696 218,465,429        
Non-voting Common Stock            
Stockholders’ Equity            
Common stock $ 35 $ 35        
Common stock, par value (in dollars per share) $ 0.01 $ 0.01        
Common stock, shares authorized (in shares) 500,000,000 500,000,000        
Common stock, shares issued (in shares) 3,489,911 3,489,911        
Common stock, shares outstanding (in shares) 3,489,911 3,489,911        
Class B Common Stock            
Stockholders’ Equity            
Common stock $ 0 $ 0        
Common stock, par value (in dollars per share) $ 0.01 $ 0.01        
Common stock, shares authorized (in shares) 1,000 1,000        
Common stock, shares issued (in shares) 1,000 1,000        
Common stock, shares outstanding (in shares) 1,000 1,000        
Class C Common Stock            
Stockholders’ Equity            
Common stock $ 1,043 $ 1,051        
Common stock, par value (in dollars per share) $ 0.01 $ 0.01        
Common stock, shares authorized (in shares) 499,999,000 499,999,000        
Common stock, shares issued (in shares) 104,328,294 105,079,121        
Common stock, shares outstanding (in shares) 104,328,294 105,079,121        
Eliminations             
Assets            
Total assets $ (1,494,576) $ (1,457,732)        
Liabilities            
Total liabilities (79,290) (91,402)        
Commitments and contingencies        
Stockholders’ Equity            
Total equity (1,415,286) (1,366,330)        
Total liabilities, redeemable interest, non-controlling interests and equity (1,494,576) (1,457,732)        
Ares Management L.P            
Assets            
Cash and cash equivalents 568,779 488,896        
Investments (includes $4,029,460 of accrued carried interest) $ 5,519,677 $ 5,508,447        
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity        
Due from affiliates $ 1,347,645 $ 1,420,218        
Other assets 1,042,457 1,032,138        
Right-of-use operating lease assets 564,572 517,351        
Intangible assets, net 2,141,645 2,115,830        
Goodwill 3,463,416 3,454,107        
Liabilities            
Accounts payable, accrued expenses and other liabilities 1,231,393 1,204,467        
Accrued compensation $ 422,524 $ 472,978        
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity        
Due to affiliates $ 796,802 $ 810,409        
Performance related compensation payable 3,018,340 2,951,333        
Debt obligations 4,386,476 3,941,415        
Operating lease liabilities 730,133 669,999        
Redeemable interest in Ares Operating Group entities 23,879 25,296        
Non-controlling interests in Ares Operating Group entities 1,357,274 1,496,771        
Stockholders’ Equity            
Additional paid-in-capital 4,204,689 4,242,678        
Accumulated deficit (1,656,571) (1,452,259)        
Accumulated other comprehensive income, net of tax 13,989 21,743        
Total stockholders’ equity 4,025,435 4,275,463        
Equity method investments 4,029,460 3,972,748        
Ares Management L.P | Series B Mandatory Convertible Preferred Stock            
Stockholders’ Equity            
Series B mandatory convertible preferred stock, $0.01 par value, 1,000,000,000 shares authorized (30,000,000 shares issued and outstanding) 1,460,030 1,460,030        
Ares Management L.P | Class A Common Stock            
Stockholders’ Equity            
Common stock 2,220 2,185        
Ares Management L.P | Non-voting Common Stock            
Stockholders’ Equity            
Common stock 35 35        
Ares Management L.P | Class C Common Stock            
Stockholders’ Equity            
Common stock 1,043 1,051        
Ares Management L.P | Reportable legal entity            
Assets            
Cash and cash equivalents 568,779 488,896        
Investments (includes $4,029,460 of accrued carried interest) 6,997,871 6,940,314        
Due from affiliates 1,364,027 1,446,083        
Other assets 1,042,457 1,032,138        
Right-of-use operating lease assets 564,572 517,351        
Intangible assets, net 2,141,645 2,115,830        
Goodwill 3,463,416 3,454,107        
Total assets 16,142,767 15,994,719        
Liabilities            
Accounts payable, accrued expenses and other liabilities 1,231,541 1,204,618        
Accrued compensation 422,524 472,978        
Due to affiliates 796,802 810,409        
Performance related compensation payable 3,018,340 2,951,333        
Debt obligations 4,386,476 3,941,415        
Operating lease liabilities 730,133 669,999        
Total liabilities 10,585,816 10,050,752        
Commitments and contingencies        
Redeemable interest in Ares Operating Group entities 23,879 25,296        
Non-controlling interests in Ares Operating Group entities 1,404,842 1,543,823        
Stockholders’ Equity            
Additional paid-in-capital 4,307,484 4,342,063        
Accumulated deficit (1,656,571) (1,452,259)        
Accumulated other comprehensive income, net of tax 13,989 21,743        
Total stockholders’ equity 4,128,230 4,374,848        
Total equity 5,533,072 5,918,671        
Total liabilities, redeemable interest, non-controlling interests and equity 16,142,767 15,994,719        
Ares Management L.P | Reportable legal entity | Series B Mandatory Convertible Preferred Stock            
Stockholders’ Equity            
Series B mandatory convertible preferred stock, $0.01 par value, 1,000,000,000 shares authorized (30,000,000 shares issued and outstanding) 1,460,030 1,460,030        
Ares Management L.P | Reportable legal entity | Class A Common Stock            
Stockholders’ Equity            
Common stock 2,220 2,185        
Ares Management L.P | Reportable legal entity | Non-voting Common Stock            
Stockholders’ Equity            
Common stock 35 35        
Ares Management L.P | Reportable legal entity | Class C Common Stock            
Stockholders’ Equity            
Common stock 1,043 1,051        
Ares Management L.P | Eliminations             
Assets            
Investments (includes $4,029,460 of accrued carried interest) (1,478,194) (1,431,867)        
Due from affiliates (16,382) (25,865)        
Liabilities            
Accounts payable, accrued expenses and other liabilities (148) (151)        
Non-controlling interests in Ares Operating Group entities (47,568) (47,052)        
Stockholders’ Equity            
Additional paid-in-capital (102,795) (99,385)        
Total stockholders’ equity (102,795) (99,385)        
Consolidated Funds            
Assets            
Cash and cash equivalents 869,305 959,088        
Other assets 73,338 63,966        
Investments, at fair value 12,709,020 12,844,886        
Receivable for securities sold 95,079 228,442        
Liabilities            
Accounts payable, accrued expenses and other liabilities $ 113,004 $ 105,137        
Accounts Payable, Related Party, Type [Extensible Enumeration] Affiliated entity Affiliated entity        
Due to affiliates $ 0 $ 0        
Payable for securities purchased 281,807 165,391        
CLO loan obligations, at fair value 6,798,810 7,359,072        
Fund borrowings 2,232,365 2,251,780        
Non-controlling interests in Ares Operating Group entities 2,976,691 2,903,858        
Consolidated Funds | Reportable legal entity            
Assets            
Cash and cash equivalents 869,305 959,088        
Other assets 73,338 63,966        
Investments, at fair value 12,709,020 12,844,886        
Receivable for securities sold 95,079 228,442        
Total assets 13,746,742 14,096,382        
Liabilities            
Accounts payable, accrued expenses and other liabilities 113,760 105,722        
Due to affiliates 15,369 25,021        
Payable for securities purchased 281,807 165,391        
CLO loan obligations, at fair value 6,861,827 7,424,717        
Fund borrowings 2,232,365 2,251,780        
Total liabilities 9,505,128 9,972,631        
Commitments and contingencies        
Non-controlling interests in Ares Operating Group entities 4,241,614 4,123,751        
Stockholders’ Equity            
Total equity 4,241,614 4,123,751        
Total liabilities, redeemable interest, non-controlling interests and equity 13,746,742 14,096,382        
Consolidated Funds | Eliminations             
Liabilities            
Accounts payable, accrued expenses and other liabilities (756) (585)        
Due to affiliates (15,369) (25,021)        
CLO loan obligations, at fair value (63,017) (65,645)        
Non-controlling interests in Ares Operating Group entities $ (1,264,923) $ (1,219,893)