Ares Management Corporation (ARES)
| Previous Close | 106.26 |
| Open | 104.85 |
| Bid | 99.94 x 1000 |
| Ask | 0.00 x 800 |
| Day's Range | 104.02 - 105.07 |
| 52 Week Range | 58.60 - 107.37 |
| Volume | |
| Avg. Volume | 889,155 |
| Market Cap | 31.754B |
| Beta (5Y Monthly) | 1.34 |
| PE Ratio (TTM) | 62.82 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.92 (2.79%) |
| Ex-Dividend Date | Sept 14, 2023 |
| 1y Target Est | N/A |
- Reuters
Virgin Voyages raises $550 million in Ares Management-led fundraise
The funding was led by Ares Management with participation from existing investors, including British conglomerate Virgin Group and venture capital firm Bain Capital. Launched at the end of 2021, Virgin Voyages operates three ships servicing the Caribbean and the Mediterranean. The company also said founding Chief Executive Tom McAlpin will now be the chairman of its board.
- Reuters
UPDATE 1-Virgin Voyages raises $550 mln in Ares Management-led fundraise
Virgin Voyages, the cruise brand from Richard Branson's Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets. The funding was led by Ares Management with participation from existing investors, including British conglomerate Virgin Group and venture capital firm Bain Capital. Launched at the end of 2021, Virgin Voyages operates three ships servicing the Caribbean and the Mediterranean.
- Bloomberg
Ares Bosses Reap $250 Million Selling Shares
(Bloomberg) -- Ares Management Corp. executives are ramping up stock sales as the private credit giant’s shares boom amid rising interest rates and a pullback by traditional lenders.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never O
