| Assets | — | — |
| Cash and cash equivalents | 1,507.98a | 348.27a |
| Investments | 4,644.78a | 4,624.93a |
| Due from affiliates | 1,056.61a | 896.75a |
| Other assets | 774.65a | 429.98a |
| Right-of-use operating lease assets | 511.32a | 249.33a |
| Intangible assets, net | 975.83a | 1,058.5a |
| Goodwill | 1,162.64a | 1,123.98a |
| Assets of consolidated funds | — | — |
| Cash and cash equivalents | 1,227.49a | 1,149.51a |
| Investments held in trust account | 550.8a | 523.04a |
| Investments, at fair value | 12,187.04a | 14,078.55a |
| Receivable for securities sold | 202.78a | 146.85a |
| Other assets | 82.4a | 100.82a |
| Total assets | 24,884.31a | 24,730.5a |
| Liabilities | — | — |
| Accounts payable, accrued expenses and other liabilities | 363.87a | 233.88a |
| Accrued compensation | 280.89a | 287.26a |
| Due to affiliates | 500.48a | 240.25a |
| Performance related compensation payable | 2,537.2a | 2,514.61a |
| Debt obligations | 2,558.91a | 2,965.48a |
| Operating lease liabilities | 641.86a | 319.57a |
| Liabilities of consolidated funds | — | — |
| Accounts payable, accrued expenses and other liabilities | 323.1a | 189.52a |
| Due to affiliates | 0a | 3.55a |
| Payable for securities purchased | 332.41a | 484.12a |
| CLO loan obligations, at fair value | 9,672.19a | 12,345.66a |
| Fund borrowings | 275a | 125.24a |
| Total liabilities | 17,485.92a | 19,709.15a |
| Redeemable interest in consolidated funds | 550.7a | 522.94a |
| Redeemable interest in Ares Operating Group entities | 23.5a | 24.1a |
| Non-controlling interests in consolidated funds | 2,025.67a | 1,258.45a |
| Non-controlling interests in Ares Operating Group entities | 1,254.88a | 1,322.47a |
| Stockholders’ equity | — | — |
| Series b mandatory convertible preferred stock | 1,458.77a | 0a |
| Class a common stock | 2a | 1.87a |
| Non-voting common stock | 0.04a | 0.04a |
| Class b common stock | 0a | 0a |
| Class c common stock | 1.1a | 1.17a |
| Additional paid-in-capital | 2,936.79a | 2,391.04a |
| Accumulated deficit | -837.29a | -495.08a |
| Accumulated other comprehensive loss, net of tax | -17.76a | -5.63a |
| Total stockholders’ equity | 3,543.65a | 1,893.4a |
| Total equity | 6,824.19a | 4,474.31a |
| Total liabilities, redeemable interest, non-controlling interests and equity | 24,884.31a | 24,730.5a |