BNET Industries
Last Fiscal Year Sales:$20.0B
- Private
- US
Dow Jones Description
The Ares investment strategy has withstood the test of time, succeeding through changing economic conditions and financial market cycles. As Ares continues to grow, our objective will remain constant: to create long-term value for our investors, management teams and other partners through integrity, discipline, creativity and teamwork. Ares Management LLC ("Ares") is an independent Los Angeles based investment management firm with approximately $16.0 billion of committed capital under management. Founded in 1997 by a group of highly experienced investment professionals, Ares specializes in managing assets in both the private equity and leveraged finance markets.
President
Michael AroughetiNumber of Employees 200
Contact Information
2000 Ave of the Stars 12th Fl
Los Angeles, California 90067
(310) 201-4100
Peer Companies
NAICS Code Administrative Management and General Management Consulting Services: 541611
Recent Events
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Federal regulators approve Simmons sales
News & Analysis
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ares management llc - All News and Analysis
Ares Management LLC Launches European Middle-Market Financing Business & Adds Three New Investment Professionals to Its London Office
Firm Also Announces Closing its First European CLO Vehicle LOS ANGELES & NEW YORK & LONDON -- Continuing the rapid expansion of its London office, Ares Management LLC announced today the launch of its private debt middle-market financing activities in Europe. The private debt business is a complement to...
Ares Management LLC Announces Sale of Minority Interest
LOS ANGELES -- Ares Management LLC, a privately held alternative asset manager, announced the sale of a minority interest for a purchase price of up to $375 million. The new investor, a longstanding client of Ares, seeks to participate in the long-term growth of the alternative asset class and Ares'...
Four Investment Professionals Join Ares Management Limited in London
LONDON -- Ares Management Limited, the London office of Ares Management LLC, has announced the appointment of four investment professionals to its European Leveraged Credit team. The firm has hired two people with longstanding track records in the City and has transferred two others from its US operations. Ross Code...
Orchard Supply Hardware Announces Senior Executive Appointments; Addition of Chief Information Officer and Vice President, Supply Chain Completes OSH Senior Leadership Team
SAN JOSE, Calif. -- Orchard Supply Hardware OSH announces the appointments of Martin Marty Hodgett, as Chief Information Officer and Mike Racer as Vice President, Supply Chain. Hodgett and Racer started today. "With the addition of Hodgett and Racer, we have assembled a world-class Executive Team with top industry...
Orchard Supply Hardware Announces Senior Executive Appointments
SAN JOSE, Calif. -- Orchard Supply Hardware OSH announced today the appointments of Richard Gibson as Chief Financial Officer and Mark Borison as Vice President, Real Estate and Construction. Gibson's appointment is effective July 10 and Borison will start on August 1. "As OSH celebrates its 75th anniversary this...
Ares Capital Corporation Announces Completion of Public Offering
NEW YORK, N.Y. -- Ares Capital Corporation (Nasdaq:ARCC) announced today that it has completed an underwritten public offering of 14,500,000 shares of the Company's common stock at a price per share of $15.46 to the public, raising $224,170,000 in total proceeds, before underwriting discount. Merrill Lynch & Co., UBS...
Ares Capital Corporation Prices Public Offering
NEW YORK -- Ares Capital Corporation (Nasdaq:ARCC) announced that it priced a public offering of 14,500,000 shares of common stock at $15.46 per share, raising $224,170,000 in gross proceeds. The shares are expected to be delivered on October 18, 2005. Ares Capital Corporation has also granted the underwriters an...
National Bedding Co. Purchased by Ares Management and Teachers' Private Capital
LOS ANGELES -- The Ares Corporate Opportunities Fund, L.P. ("Ares"), the private equity fund of Ares Management LLC, and Teachers' Private Capital, the private equity arm of the Ontario Teachers' Pension Plan ("Ontario Teachers'"), announced today they have signed a definitive agreement to buy National Bedding Co. ("NBC"), maker of...
Ontario Teachers' and Ares Management to Buy Serta Mattress Maker, National Bedding Co
TORONTO -- Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, and the Ares Corporate Opportunities Fund, L.P. ("Ares"), the private equity fund of Ares Management LLC, announced today they have signed a definitive agreement to buy National Bedding Co. NBC, maker...
Ontario Teachers' and Ares Management to Buy Serta Mattress Maker, National Bedding Co.
TORONTO, ONTARIO, Aug 2, 2005 CCNMatthews via COMTEX -- Teachers' Private Capital, the private investment arm of the Ontario Teachers' Pension Plan, and the Ares Corporate Opportunities Fund, L.P. ("Ares"), the private equity fund of Ares Management LLC, announced today they have ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael Arougheti | President |
| Daniel Nguyen | CFO |
| Michael D. Weiner | Chief Legal Officer |
| Richard Davis | Executive Vice President, Finance & Admin |
| Ann Yee-Kono | Senior Vice President, Operations & Info Sys, IT |
| David A. Sachs | Managing Director |
| Michael Smith | Managing Director |
| Norman Axelrod | Operating Partner |
| Seth Brufsky | Partner |
| Alison Sternberg | Director of Human Resources and Special Projects |
| Jodi Schorr | Director, HR |
| Merritt Hooper | Co-Founder, Senior Vice President & Director-IR, Marketing |
| Jana Weiss | Associate in the Private Debt Group |
| Kevin Frankel | Partner, Transactions, Private Equity Group |
| Tracy Mancuso | Trader |
| Antony Ressler | Co-Founder |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David Kaplan | Board of Directors |
| Mitchell Goldstein | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Ares Capital Corp | President | Current |
| Ares Management LLC | President | Current |
| Ares Management LLC | Partner, Private Debt Group | Current |
| Ares Capital Corp | Board of Directors | Current |
| Investor Group Services, Inc. | Board of Directors | Current |
| Ares Management LLC | Managing Director | Former |
| Kidder, Peabody & Co. | Former | |
| Yale University | B.A. In Ethics, Politics and Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | CFO | Current |
| Sandoz Pharmaceuticals | Manager, Parenteral Manufacturing | Former |
| Sandoz Pharmaceuticals Corporation | Manager, Parenteral Manufacturing | Former |
| Arthur Andersen LLP | Former | |
| American Home Products Corporation | Former | |
| Pepperdine University | MBA in Global Business | Former |
Michael D. Weiner. Mr. Weiner has served as one of our directors since April 2006. Mr. Weiner was nominated for election by Apollo. Since September 2006, Mr. Weiner has served as Chief Legal Officer and General Counsel of Ares Management, Inc., a private investment management firm. From 1992 until August 2006, Mr. Weiner served as the General Counsel of Apollo Management, L.P. Before joining Apollo in 1992, Mr. Weiner was a partner with Morgan, Lewis & Bockius, specializing in securities law, public and private financings, and corporate and commercial transactions. Mr. Weiner is also a director of Hughes Communications, Inc., SkyTerra Communications, Inc., and Goodman Global Holdings, Inc.
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Chief Legal Officer | Current |
| Apollo Investment Corp. | Vice President and Secretary | Current |
| Hughes Direcpc | Current | |
| Educate, Inc. | Board of Directors | Current |
| Apollo Investment Corp. | Secretary | Current |
| Skyterra Communications, Inc. | Director | Current |
| Quality Distribution, Inc. | Board of Directors | Current |
| Hughes Communications, Inc. | Board of Directors | Current |
| AREA Property Partners | Former | |
| Direcway | Board of Directors | Former |
| University of Santa Clara | J.D. Degree | Former |
| University of California, Berkeley | B.S. Degree In Business and Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Executive Vice President, Finance & Admin | Current |
| Ceriani | Founder | Current |
| Davis & Ceriani | Partner | Current |
| American Institute of Certified Public Accountants | Board of Directors | Current |
| American Institute of Certified Public Accountants | Member | Current |
| Arden Realty, Inc. | Executive Vice President | Former |
| KPMG International | Former | |
| Catellus Development Corporation | Former | |
| University of Missouri | J.D. | Former |
| University of Missouri-Kansas City | Bachelor of Science Degree in Accounting | Former |
| University of Missouri | Bachelor of Science Degree In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Senior Vice President, Operations & Info Sys, IT | Current |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Managing Director | Current |
| Terex Corporation | Board of Directors | Current |
| Ares Partners LLC | Board of Directors | Current |
| Terex Corporation | Audit Committee Member | Current |
| Loanassociation.Com | Executive Vice President, Responsible for All Asset, Liability Management | Former |
| Ares Management LLC | Founder | Former |
| Ares Management LLC | Co-Portfolio Manager | Former |
| Ares Management LLC | Head of the Capital Markets Group | Former |
| Northwestern University | BS In Industrial Engineering and Management Science | Former |
| Organization | Position | Status |
|---|---|---|
| Remicalm LLC | Cfo | Current |
| Omni Majestic Hotel | Senior Vice President and General Counsel | Current |
| Select Guest | Senior Vice President and General Counsel | Current |
| Omni Hotels Management Corporation | Senior Vice President and General Counsel | Current |
| Omnirealsimple | Senior Vice President and General Counsel | Current |
| Omni Hotels Corporation | General Counsel & Senior Vice President | Current |
| Directed Video | Vice President, Operations | Current |
| Directed Electronics, Inc. | Vice President, Operations | Current |
| Ares Management LLC | Managing Director | Current |
| B-Med Technologies, Inc | Founder and Chief Clinical Officer | Current |
| University of Rochester | Fellow Department of Anesthesiology | Current |
| Johns Hopkins University School of Medicine | Assistant Professor | Current |
| Michael A. Smith: Attorney | Attorney | Current |
| Aspire Trading Company LLC | Member of the Chicago Mercantile Exchange | Current |
| Gulf Capital Partners, Inc. | Principal | Current |
| Ares Management LLC | Board of Directors | Current |
| Ares Capital Corp | Board of Directors | Current |
| CME Group, Inc. | Member | Current |
| Aspire Trading Company LLC | Member of the Chicago Mercantile Exchange | Current |
| Citicorp Investment Bank | Managing Director | Former |
| Ares Management LLC | Partner, Private Debt Group | Former |
| RBC, Inc. | partner | Former |
| University of Rochester School of Medicine & Dentistry | Faculty | Former |
| Omni Hotels Corporation | General Counsel | Former |
| Salomon Brothers | Former | |
| Atlantic Richfield Company | Former | |
| Salomon Brothers Inc. | Former | |
| London Manhattan | Former | |
| Opec Corp. | Former | |
| California School of Professional Psychology | Doctoral Degree In Clinical Psychology | Former |
| University of Texas School of Law | Jd With Honors | Former |
| Southern Methodist University | Juris Doctor | Former |
| Southern Methodist University | Masters Degree In Business Administration | Former |
| The University of Texas at Austin | Masters In Business | Former |
| The University of Texas | Bachelor's Degree In Accounting With Honors. | Former |
| University of Notre Dame | B.S. in Business Administration | Former |
| The University of Texas at Austin | Bachelors Degree | Former |
| Auburn University | Bachelors Degree | Former |
| Southwest Texas State University | B.S. | Former |
| Auburn University | Business Administration, Operations Management | Former |
| University of Notre Dame | Degree | Former |
| The University of Texas at Austin | Business Administration, Information Technology | Former |
| The University of Texas | Degree | Former |
| California School of Professional Psychology | Degree In Clinical Psychology | Former |
| Organization | Position | Status |
|---|---|---|
| The Things | Chief Executive Officer | Current |
| Ares Management LLC | Operating Partner | Current |
| Nform Products Inc | Current | |
| GNC Corporation | Chairman of The Board of Directors | Current |
| The Things | Chairman of the Board of Directors | Current |
| General Nutrition Centers, Inc. | Chairman of the Board of Directors | Current |
| Maidenform Brands, Inc. | Director | Current |
| Maidenform, Inc. | Director | Current |
| Reebok International Ltd. | Board of Directors | Current |
| Jaclyn, Inc. | Board of Directors | Current |
| Linens 'n Things, Inc. | Chief Executive Officer | Former |
| Bloomingdale's | Senior Vice President, General Merchandise Manager | Former |
| Linens 'n Things, Inc. | Chairman of the Board of Directors | Former |
| New York University | M.B.A. | Former |
| Lehigh University | B.S. In Management and Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Partner | Current |
| Ares Partners LLC | Board of Directors | Current |
| Ares Management LLC | Portfolio Manager, Capital Markets Group | Former |
| Merrill Lynch & Co., Inc. | Former | |
| University of Southern California | MBA in Finance with honors | Former |
| Cornell University | BS in Applied Economics and Business Management | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Director of Human Resources and Special Projects | Current |
| Barnard College, Columbia University | BA in English | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Director, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Co-Founder, Senior Vice President & Director-IR, Marketing | Current |
| Cedars-Sinai Medical Center | Board of Directors | Current |
| Columbia Savings Inc | Vice President | Former |
| The Loan | Vice President | Former |
| Ares Management LLC | Investment Professional | Current |
| University of California, Los Angeles | BA in Mathematics and received her MBA in Finance | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Associate in the Private Debt Group | Current |
| Citigroup Inc. | Analyst | Former |
| Organization | Position | Status |
|---|---|---|
| Aurora National Life Assurance Company | President, Operations | Former |
| Aurora National Life Assurance Company | Senior Vice President, Operations | Former |
| Irell & Manella Llp | Partner | Former |
| Private Equity Group, LLC | Transaction Partner | Former |
| Aurora National Life Assurance Company | General Counsel | Former |
| Ares Management LLC | General Counsel | Former |
| University of California, Los Angeles School of Law | JD | Former |
| University of California, Los Angeles | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Trader | Current |
| Screaming Eagle Trading, Inc. | Senior Trader | Former |
| Robertson, Stephens & Company | Senior Buyback Trader | Former |
| California State University | BA In Business and Finance | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Board of Directors | Current |
| Samsonite Corporation | Director | Current |
| Samsonite Company Stores | Board of Directors | Current |
| The Center for Early Education, Inc. | Board of Directors | Current |
| La Alliance | Board of Directors | Current |
| WCA Waste Corporation | Director | Current |
| Apollo Management L.P. | Co-Founder | Former |
| Private Equity Group, LLC | Senior Partner | Former |
| Ares Management LLC | Managing Partner | Former |
| Ares Capital Corp | Senior Advisor | Former |
| Columbia University | MBA | Former |
| Georgetown University | Bsfs | Former |
David B. Kaplan has been Chairman of our Board of Directors since April 2005 and a director of Maidenform Brands since May 2004. Mr. Kaplan is a member of Ares Management and has served as a Partner in the Private Equity Group of Ares Management since April 2003. From 2000 through 2003, Mr. Kaplan was a Senior Principal of Shelter Capital Partners, LLC. From 1991 through 2000, Mr. Kaplan was affiliated with, and a Senior Partner of, Apollo Management, L.P., and its affiliates, where he served on various Boards of Directors including Allied Waste Industries, Inc., Dominick's Supermarkets Inc. and WMC Finance Co. Prior to that, Mr. Kaplan was an investment banker at Donaldson, Lufkin & Jenrette Securities Corp. Mr. Kaplan currently serves as the Chairman of the Board of Directors of TPEP Holdings, Inc., and on the Board of Directors of Kinetics Holdings LLC. Mr. Kaplan also serves on the Board of Governors of Cedars-Sinai Hospital and the Board of Trustees of the Center for Early Education. Mr. Kaplan received a B.B.A. in Finance, graduating with High Distinction, Beta Gamma Sigma, from the University of Michigan School of Business Administration.
| Organization | Position | Status |
|---|---|---|
| Private Equity Group, LLC | Partner | Current |
| TPEP Holdings, Inc. | Chairman of The Board of Directors | Current |
| Maidenform Brands, Inc. | Chairman of the Boards of Directors | Current |
| The Center for Early Education, Inc. | Treasurer | Current |
| GNC Corporation | Board of Directors | Current |
| Maidenform, Inc. | Director | Current |
| Ares Partners LLC | Board of Directors | Current |
| Stream Global Services, Inc. | Board of Directors | Current |
| Ares Management LLC | Board of Directors | Current |
| Donaldson, Lufkin & Jenrette Securities Corporation | Investment Banker | Former |
| Shelter Capital Partners | Senior Principal | Former |
| Apollo Management L.P. | Former | |
| Maidenform, Inc. | Chairman of the Board | Former |
| University of Michigan | BBA concentrating in finance | Former |
Mr. Goldstein joined Ares in May 2005 and serves as a Partner in the Private Debt Group. In addition, Mr. Goldstein serves as an Investment Committee member of both Ares Capital Management LLC and Ares Capital Europe. Prior to joining Ares, Mr. Goldstein worked at Credit Suisse First Boston, where he was a Managing Director in the Financial Sponsors Group. At CSFB, Mr. Goldstein was responsible for providing investment banking services to private equity funds and hedge funds with a focus on M&A and restructurings and capital raisings, including high yield, bank debt, mezzanine debt and IPOs. Mr. Goldstein joined CSFB in 2000 at the completion of the merger with Donaldson Lufkin and Jenrette. From 1998 to 2000, Mr. Goldstein was at Indosuez Capital, where he was a member of the Investment Committee and a Principal, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. From 1993 to1998, Mr. Goldstein worked at Bankers Trust, where he was responsible for financing and advising clients in various industries including media and telecommunications, consumer products, automotive and healthcare. Mr. Goldstein began his career as a CPA at Ernst & Young. Mr. Goldstein graduated summa cum laude from SUNY Binghamton with a BS in Accounting and received an MBA from Columbia Business School.
| Organization | Position | Status |
|---|---|---|
| Ares Management LLC | Board of Directors | Current |
| Columbia Business School | MBA | Former |
| State University of New York at Binghamton | BS in Accounting | Former |
Executive News
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Ares Capital Corporation Declares Third Quarter Dividend of $0.35 Per Share and Announces June...
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Ares Capital Corporation Declares Third Quarter Dividend of $0.35 Per Share and Announces June 30, 2009 Financial Results
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