战略合作与资本结构 - 公司与Ares Alternative Credit基金建立战略关系 形式为结构性债务投资和购买安排 [1] - Ares将购买公司非合格抵押贷款产品的相当大部分 并为公司的贷款发放和增长努力提供战略资本 [1] - 该交易是公司快速增长的另一个指标 首席执行官Kenny Jo正将公司打造为首选的全国抵押贷款解决方案提供商 [1] 公司业务与增长里程碑 - 公司于2021年在佐治亚州德卢斯成立 并于2025年5月被收购 [2] - 自2025年5月新开始以来 公司取得显著增长里程碑 包括建立全面运营的批发渠道 将贷款业务范围扩展至超过20个州 并实现首次1亿美元的贷款发放 [2] - 公司完善了其人工智能平台 包括银行对账单分析器和其他人工智能驱动计划 以提升运营效率并简化贷款流程 [2] - 公司是一家总部位于加利福尼亚州赛普拉斯的私人抵押贷款公司 是一家全方位服务的抵押贷款银行 专门从事多元化的抵押贷款产品和服务组合 [4] - 其综合平台提供广泛的抵押贷款产品 包括专有的非合格抵押贷款和替代性贷款产品 这些产品使公司在竞争激烈的市场中脱颖而出 [4] 合作方背景与未来展望 - Ares Management Corporation是一家领先的全球另类投资管理公司 截至2025年6月30日 其全球平台管理资产规模超过5720亿美元 [5] - 公司旨在通过战略关系的增加 在2026年加速其增长轨迹 [2] - 公司专注于为客户提供市场上最高效的抵押贷款产品 与Ares的合作使其能够专注于扩大产品供应和客户群 同时持续关注为房主降低成本 [2]

华尔街银行与私人信贷公司的公开争论 - 摩根大通首席执行官Jamie Dimon以该行在汽车贷款机构Tricolor Holdings上的损失为例 指出问题通常不是孤立的 此言论被非银行竞争对手视为针对他们 [1] - Blue Owl Capital首席执行官Marc Lipschultz反驳称 问题出在银行主导的贷款上 Dimon应该先检查自己的账目 [2] - 此次争论凸显了融资格局巨变下的利益冲突 银行被迫让出地盘或学会与新兴贷款机构共存 [3] 争论的具体背景与导火索 - 争论由信贷市场两次爆雷事件引发 焦点在于银行和私人信贷公司谁能更好地抵御广泛的经济下行 [1] - 私人信贷高管们私下抱怨 Tricolor和汽车零部件供应商First Brands Group的问题是由于银行尽职调查马虎所致 却被用作证明新入场者带来风险的证据 [2] - 摩根大通披露与Tricolor风险敞口相关的1.7亿美元损失 导致第三季度信贷成本高于预期 Dimon承认这不是公司最好的时刻 [7] 私人信贷行业的现状与辩护 - 私人信贷行业在过去十年凭借强劲回报得以增长 但一直面临其将如何应对更高违约期的质疑 [10] - 行业领袖辩称 银行通常发放贷款后将其出售给其他投资者 而直接贷款基金持有贷款 这迫使公司花更多时间确保避免爆雷 [11] - Apollo Global Management的John Cortese认为 将这两笔交易 extrapolate 到整个私人信贷市场有点奇怪 这更像是市场参与者脱离基本面的周期末段行为 [8] - Blackstone总裁Jon Gray强调 这两起事件都不属于传统的私人信贷市场 [9] 市场压力信号与行业观点 - 许多最大的私人信贷业务发展公司其股价相对于资产净值存在显著折价 表明股东不相信能全额收回投资 [13] - BDC投资组合中实物支付工具的百分比持续上升 Blue Owl的BDC约有14%的投资为PIK 意味着部分或全部利息被递延至到期 [14] - Blue Owl的股价今年已下跌27% 其BDC表现低迷 [14] - Blue Owl高管Jonathan Lamm认为 该行业被错误定价 除非出现大量信贷违约 而目前没有证据表明这一点 [15]

Ares Management (ARES) shares ended the last trading session 4.1% higher at $149.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.2% loss over the past four weeks.Ares Management stock increased in price for the second consecutive trading session, driven by a combination of strategic acquisitions and analyst upgrades. Following a recent sell-off in financial stocks, the rating for ARES has been upgraded to Ou ...

Ares has been relatively unchanged since my last analysis , posting a total return of 4.39% while the S&P500 has appreciated a massive 26.88% during that time span. Ares has seen a relatively big decline in its stock price since early September, with aAs a detail-oriented investor with a strong foundation in finance and business writing, I focus on analyzing undervalued and disliked companies or industries that have strong fundamentals and good cash flows. I have a particular interest in sectors such as Oil ...

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ("Ares†), a leading global alternative investment manager, announced today that it has raised approximately $5.3 billion of capital for its Infrastructure Secondaries strategy, inclusive of the final closing of its latest dedicated fund, Ares Secondaries Infrastructure Solutions III ("ASIS III†or the "Fund†), General Partner commitments and affiliated vehicles. After raising its hard cap, the Fund closed above its initial $2 b. ...

(Bloomberg) -- The flood of capital pouring into AI infrastructure is raising the risks of overcapacity as the world’s biggest investors look to cash in on the artificial intelligence boom, according to Ares Management Corp. Co-President Kipp deVeer.  “If you look historically in areas like this over the past 20 or 30 years, typically when this much capacity comes online, some of it at the end of the day has to be marginal,” deVeer said, speaking on the sidelines of the Greenwich Economic Forum in Connect ...

Ares Management Corporation has announced that a fund under its Ares Infrastructure Opportunities strategy (Ares fund) has secured a 49% ownership in a portfolio of assets from EDP Renováveis (EDPR). The total estimated enterprise value for the entire portfolio is approximately $2.9bn. The transaction includes a portfolio of ten assets with a combined capacity of 1,632MW. This comprises 1,030MW of solar, 402MW of wind, and 200MW of storage capacity, spanning four US power markets. All these projects ha ...

交易概述 - Ares Management通过旗下基础设施机会策略基金以约29亿美元收购了EDP Renováveis一个资产组合49%的股权 [1] - 被收购资产组合包含10个项目总装机容量为1632兆瓦包括1030兆瓦太阳能402兆瓦风能和200兆瓦储能分布在四个美国电力市场 [1] - 每个项目均持有长期电力购买协议平均剩余期限为18年 [2] 战略意义与影响 - 该交易显著扩大了Ares基础设施机会策略的可再生能源投资组合使其总发电能力自2024年9月以来达到约57吉瓦覆盖11个州和五个电力市场 [3] - 公司合伙人表示此次投资提供了引人注目的机会以进一步多元化Ares在国内关键电力市场和增长性能源细分领域的布局 [4] - 交易宣布当日Ares Management股价在盘前交易中上涨119%至15240美元 [5] 公司近期动态 - 上个月Ares Management以约11亿美元现金收购了由NextEra Energy关联公司持有的Meade Pipeline Co LLC的全部股权权益 [5] - Ares Management预计将于2025年11月3日公布第三季度财报 [4]

Ares Management said on Monday it has acquired a 49% stake in a portfolio of assets owned by EDP Renováveis in a deal valued at about $2.9 billion. ...

NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) ("Ares†), a leading global alternative investment manager, announced today that a fund managed by the Ares Infrastructure Opportunities strategy (the "Ares fund†) has acquired a 49% stake in a portfolio of assets from EDP Renováveis, S.A. ("EDPR†), a leading global developer, owner and operator of renewable energy infrastructure. The total estimated enterprise value for 100% of the portfolio amounts to approximately $2.9 billio. ...