v3.26.1
SEGMENT REPORTING - Schedule of Financial Results for Company's Operating Segments and OMG (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment reporting        
Total revenues $ 1,428,610 $ 1,350,128 $ 2,825,046 $ 2,438,933
Compensation and benefits (688,660) (643,709) (1,381,067) (1,300,834)
General, administrative and other expenses (255,715) (232,156) (496,152) (460,070)
Management fees        
Segment reporting        
Total revenues 1,017,563 900,622 2,007,090 1,717,609
Total        
Segment reporting        
Compensation and benefits (472,698) (421,472) (921,345) (798,654)
General, administrative and other expenses (198,754) (162,517) (380,797) (302,656)
Fee related earnings 491,055 409,111 955,459 776,387
Performance income—realized 140,329 55,554 353,877 181,002
Performance related compensation—realized (89,426) (39,071) (227,638) (123,487)
Realized net performance income 50,903 16,483 126,239 57,515
Investment income (loss)—realized 28,683 12,240 40,463 23,935
Interest income 3,043 3,555 5,019 25,863
Interest expense (52,183) (43,575) (102,943) (79,962)
Realized net investment income (loss) (20,457) (27,780) (57,461) (30,164)
Realized income 521,501 397,814 1,024,237 803,738
Total | Management fees        
Segment reporting        
Total revenues 1,030,016 900,285 2,031,587 1,718,661
Total | Fee related performance revenues        
Segment reporting        
Total revenues 40,529 16,697 60,085 44,748
Total | Other fees        
Segment reporting        
Total revenues 91,962 76,118 165,929 114,288
Operating segment        
Segment reporting        
Fee related earnings (728,466) (605,102) (1,413,772) (1,147,335)
Performance income—realized 140,329 55,554 353,877 181,002
Performance related compensation—realized (89,426) (39,071) (227,638) (123,487)
Realized income (758,123) (594,058) (1,481,087) (1,174,261)
OMG        
Segment reporting        
Compensation and benefits (153,045) (134,645) (303,117) (251,113)
General, administrative and other expenses (93,545) (69,177) (174,156) (133,203)
Fee related earnings (237,411) (195,991) (458,313) (370,948)
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized (448) (893) (579) (562)
Interest income 1,314 646 2,255 1,249
Interest expense (77) (6) (213) (262)
Realized net investment income (loss) 789 (253) 1,463 425
Realized income (236,622) (196,244) (456,850) (370,523)
OMG | Management fees        
Segment reporting        
Total revenues 0 0 0 0
OMG | Fee related performance revenues        
Segment reporting        
Total revenues 0 0 0 0
OMG | Other fees        
Segment reporting        
Total revenues 9,179 7,831 18,960 13,368
Ares Management L.P        
Segment reporting        
Total revenues 1,428,610 1,350,128 2,825,046 2,438,933
Ares Management L.P | Operating segment        
Segment reporting        
Compensation and benefits (319,653) (286,827) (618,228) (547,541)
General, administrative and other expenses (105,209) (93,340) (206,641) (169,453)
Fee related earnings 728,466 605,102 1,413,772 1,147,335
Performance income—realized 140,329 55,554 353,877 181,002
Performance related compensation—realized (89,426) (39,071) (227,638) (123,487)
Realized net performance income 50,903 16,483 126,239 57,515
Investment income (loss)—realized 29,131 13,133 41,042 24,497
Interest income 1,729 2,909 2,764 24,614
Interest expense (52,106) (43,569) (102,730) (79,700)
Realized net investment income (loss) (21,246) (27,527) (58,924) (30,589)
Realized income 758,123 594,058 1,481,087 1,174,261
Ares Management L.P | Operating segment | Credit Group        
Segment reporting        
Compensation and benefits (178,500) (160,205) (354,737) (324,952)
General, administrative and other expenses (45,436) (44,302) (96,781) (85,350)
Fee related earnings 498,453 426,310 975,889 834,904
Performance income—realized 128,422 21,915 294,650 76,027
Performance related compensation—realized (80,091) (13,248) (182,340) (47,506)
Realized net performance income 48,331 8,667 112,310 28,521
Investment income (loss)—realized (676) 4,096 3,348 9,475
Interest income 490 1,135 1,322 5,555
Interest expense (2,790) (4,714) (6,145) (11,022)
Realized net investment income (loss) (2,976) 517 (1,475) 4,008
Realized income 543,808 435,494 1,086,724 867,433
Ares Management L.P | Operating segment | Real Assets Group        
Segment reporting        
Compensation and benefits (80,760) (80,289) (160,851) (136,991)
General, administrative and other expenses (37,314) (30,695) (71,233) (51,547)
Fee related earnings 147,188 113,645 279,157 187,924
Performance income—realized 5,946 3,681 17,609 68,986
Performance related compensation—realized (3,402) (2,317) (10,802) (49,124)
Realized net performance income 2,544 1,364 6,807 19,862
Investment income (loss)—realized 26,433 6,544 31,879 14,463
Interest income 301 665 485 3,283
Interest expense (32,066) (24,570) (63,155) (40,287)
Realized net investment income (loss) (5,332) (17,361) (30,791) (22,541)
Realized income 144,400 97,648 255,173 185,245
Ares Management L.P | Operating segment | Secondaries Group        
Segment reporting        
Compensation and benefits (37,358) (23,067) (57,857) (41,438)
General, administrative and other expenses (14,507) (10,076) (23,134) (18,549)
Fee related earnings 60,908 50,537 115,541 91,121
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized 800 17 969 155
Interest income 16 23 35 980
Interest expense (2,027) (1,862) (3,650) (3,870)
Realized net investment income (loss) (1,211) (1,822) (2,646) (2,735)
Realized income 59,697 48,715 112,895 88,386
Ares Management L.P | Operating segment | Private Equity Group        
Segment reporting        
Compensation and benefits (14,102) (16,796) (27,886) (30,627)
General, administrative and other expenses (5,072) (5,559) (10,050) (9,816)
Fee related earnings 15,303 9,846 30,160 24,153
Performance income—realized 5,961 29,958 41,618 35,989
Performance related compensation—realized (5,933) (23,506) (34,496) (26,857)
Realized net performance income 28 6,452 7,122 9,132
Investment income (loss)—realized 289 369 367 (4,233)
Interest income 1 1 1 2,023
Interest expense (3,475) (3,810) (6,891) (7,990)
Realized net investment income (loss) (3,185) (3,440) (6,523) (10,200)
Realized income 12,146 12,858 30,759 23,085
Ares Management L.P | Operating segment | Other        
Segment reporting        
Compensation and benefits (8,933) (6,470) (16,897) (13,533)
General, administrative and other expenses (2,880) (2,708) (5,443) (4,191)
Fee related earnings 6,614 4,764 13,025 9,233
Performance income—realized 0 0 0 0
Performance related compensation—realized 0 0 0 0
Realized net performance income 0 0 0 0
Investment income (loss)—realized 2,285 2,107 4,479 4,637
Interest income 921 1,085 921 12,773
Interest expense (11,748) (8,613) (22,889) (16,531)
Realized net investment income (loss) (8,542) (5,421) (17,489) 879
Realized income (1,928) (657) (4,464) 10,112
Ares Management L.P | Operating segment | Management fees        
Segment reporting        
Total revenues 1,030,016 900,285 2,031,587 1,718,661
Ares Management L.P | Operating segment | Management fees | Credit Group        
Segment reporting        
Total revenues 703,460 617,141 1,388,123 1,202,537
Ares Management L.P | Operating segment | Management fees | Real Assets Group        
Segment reporting        
Total revenues 202,590 175,924 399,216 306,377
Ares Management L.P | Operating segment | Management fees | Secondaries Group        
Segment reporting        
Total revenues 71,875 61,643 142,150 119,293
Ares Management L.P | Operating segment | Management fees | Private Equity Group        
Segment reporting        
Total revenues 33,800 31,767 66,919 63,765
Ares Management L.P | Operating segment | Management fees | Other        
Segment reporting        
Total revenues 18,291 13,810 35,179 26,689
Ares Management L.P | Operating segment | Fee related performance revenues        
Segment reporting        
Total revenues 40,529 16,697 60,085 44,748
Ares Management L.P | Operating segment | Fee related performance revenues | Credit Group        
Segment reporting        
Total revenues 1,081 314 6,337 18,709
Ares Management L.P | Operating segment | Fee related performance revenues | Real Assets Group        
Segment reporting        
Total revenues 354 147 2,955 147
Ares Management L.P | Operating segment | Fee related performance revenues | Secondaries Group        
Segment reporting        
Total revenues 39,094 16,236 50,793 25,892
Ares Management L.P | Operating segment | Fee related performance revenues | Private Equity Group        
Segment reporting        
Total revenues 0 0 0 0
Ares Management L.P | Operating segment | Fee related performance revenues | Other        
Segment reporting        
Total revenues 0 0 0 0
Ares Management L.P | Operating segment | Other fees        
Segment reporting        
Total revenues 82,783 68,287 146,969 100,920
Ares Management L.P | Operating segment | Other fees | Credit Group        
Segment reporting        
Total revenues 17,848 13,362 32,947 23,960
Ares Management L.P | Operating segment | Other fees | Real Assets Group        
Segment reporting        
Total revenues 62,318 48,558 109,070 69,938
Ares Management L.P | Operating segment | Other fees | Secondaries Group        
Segment reporting        
Total revenues 1,804 5,801 3,589 5,923
Ares Management L.P | Operating segment | Other fees | Private Equity Group        
Segment reporting        
Total revenues 677 434 1,177 831
Ares Management L.P | Operating segment | Other fees | Other        
Segment reporting        
Total revenues $ 136 $ 132 $ 186 $ 268