← Ares Management LP overview

Ares Management LP vs Brookfield: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Ares Management LP (ARES)

Q3 2026
▲2▼1

Ares hits record fundraising but faces credit and redemption risks

  • Record Q2 fundraising and AUM growth Ares raised a record $36B in Q2, pushing assets under management up 17% to $671B. Fee-related earnings rose 20%, helped by $170B of dry powder ready to invest.

    This shows the core growth engine that drove positive sentiment and price support.

  • New fund and private credit deals expand footprint Ares raised $4.2B for its first Global Structured Solutions Fund, far above target, and closed major private credit deals like Phoenix Tower and Plenitude, broadening its investment reach.

    These new initiatives signal future fee income and strategic expansion.

  • Retail redemptions and high default rates pressure outlook Retail investors are pulling money from the $23B Strategic Income Fund, keeping withdrawals above its 5% quarterly cap. A record 6.0% US private-credit default rate raises credit-quality concerns.

    These are the main headwinds that could hurt fee income and investor confidence.

  • Redemption pressure eases slightly but retail access expands Redemption pressure eased slightly from 14.4% to 13.1%, but expanded retail access via Revolut adds new redemption exposure, keeping the risk of sudden outflows alive.

    This captures the nuanced balance between improving outflows and new sources of potential volatility.

September 2026
▲4

Ares Expands Private Credit and Infrastructure with Big Deals and Fundraise

  • Redemption pressure eases Ares Strategic Income Fund's withdrawal requests fell to 13.1% from 14.4%, signaling stabilizing private credit redemptions. This reduces forced selling and supports fee income, a positive for ARES stock.

    Shows improving capital stability, directly impacting ARES's private credit business.

  • AUM target and growth Ares targets over $750B AUM by 2028, with 17% YoY growth and $34.4B net inflows. This ambitious plan signals confidence and future fee growth, likely lifting investor sentiment and ARES's valuation.

    Provides forward-looking growth target that drives long-term earnings expectations.

  • Major private credit deals Ares provided $2B of a $6.5B financing for Phoenix Tower and upsized Plenitude investment by over €1B. These large deals expand Ares's private credit footprint and demonstrate deal-sourcing strength, boosting revenue and reputation.

    Highlights significant capital deployment that directly increases fee-paying AUM and earnings.

  • Successful fundraise Ares raised $4.2B for its inaugural Global Structured Solutions Fund, far above its $1B target. This adds fee-paying AUM and validates Ares's ability to attract capital, supporting future management fees.

    Demonstrates strong fundraising capability, a key driver of ARES's revenue growth.

Latest
▲4

Ares Expands Private Credit and Infrastructure with Big Deals and Fundraise

  • Redemption pressure eases Ares Strategic Income Fund's withdrawal requests fell to 13.1% from 14.4%, signaling stabilizing private credit redemptions. This reduces forced selling and supports fee income, a positive for ARES stock.

    Shows improving capital stability, directly impacting ARES's private credit business.

  • AUM target and growth Ares targets over $750B AUM by 2028, with 17% YoY growth and $34.4B net inflows. This ambitious plan signals confidence and future fee growth, likely lifting investor sentiment and ARES's valuation.

    Provides forward-looking growth target that drives long-term earnings expectations.

  • Major private credit deals Ares provided $2B of a $6.5B financing for Phoenix Tower and upsized Plenitude investment by over €1B. These large deals expand Ares's private credit footprint and demonstrate deal-sourcing strength, boosting revenue and reputation.

    Highlights significant capital deployment that directly increases fee-paying AUM and earnings.

  • Successful fundraise Ares raised $4.2B for its inaugural Global Structured Solutions Fund, far above its $1B target. This adds fee-paying AUM and validates Ares's ability to attract capital, supporting future management fees.

    Demonstrates strong fundraising capability, a key driver of ARES's revenue growth.

July 2026
▲2▼1

Ares hits record fundraising, but retail credit redemptions and defaults weigh

  • Retail private credit funds cap withdrawals again Ares again limited withdrawals from its $23 billion Strategic Income Fund after redemption requests topped 14%, above the 5% quarterly cap. This shows retail investors pulling money out, which pressures Ares's fee income and signals stress in its fastest-growing retail channel.

    Directly explains a key force pushing ARES down: retail redemption pressure forcing withdrawal caps.

  • Record $36B fundraising and 17% AUM growth Ares raised a record $36 billion in Q2, with assets under management up 17% to $671 billion and fee-related earnings up 20%. Strong institutional demand and $170 billion of dry powder support future fee growth, a clear positive for the stock.

    Shows the core earnings engine still growing strongly, the main positive force for ARES.

  • Record 6% private credit default rate clouds resilient earnings Fitch reported a record 6.0% US private-credit default rate, even as Ares and Blue Owl posted solid results. Rising defaults raise concerns about credit quality and future fund performance, a real counterweight to Ares's strong fundraising and earnings.

    Provides the key counterweight: credit deterioration that could offset Ares's growth story.

  • Revolut opens private market funds to retail investors Revolut now offers Ares private credit and equity funds to eligible European customers via ELTIF 2.0. This widens Ares's retail reach and could boost long-term fundraising, though it also adds exposure to retail redemption risk.

    New distribution channel expands demand for Ares funds, a positive growth driver.

▲2▼1

Ares hits record fundraising, but retail credit redemptions and defaults weigh

  • Retail private credit funds cap withdrawals again Ares again limited withdrawals from its $23 billion Strategic Income Fund after redemption requests topped 14%, above the 5% quarterly cap. This shows retail investors pulling money out, which pressures Ares's fee income and signals stress in its fastest-growing retail channel.

    Directly explains a key force pushing ARES down: retail redemption pressure forcing withdrawal caps.

  • Record $36B fundraising and 17% AUM growth Ares raised a record $36 billion in Q2, with assets under management up 17% to $671 billion and fee-related earnings up 20%. Strong institutional demand and $170 billion of dry powder support future fee growth, a clear positive for the stock.

    Shows the core earnings engine still growing strongly, the main positive force for ARES.

  • Record 6% private credit default rate clouds resilient earnings Fitch reported a record 6.0% US private-credit default rate, even as Ares and Blue Owl posted solid results. Rising defaults raise concerns about credit quality and future fund performance, a real counterweight to Ares's strong fundraising and earnings.

    Provides the key counterweight: credit deterioration that could offset Ares's growth story.

  • Revolut opens private market funds to retail investors Revolut now offers Ares private credit and equity funds to eligible European customers via ELTIF 2.0. This widens Ares's retail reach and could boost long-term fundraising, though it also adds exposure to retail redemption risk.

    New distribution channel expands demand for Ares funds, a positive growth driver.

Brookfield Corp (BN)

Q3 2026
▲3▼1

Brookfield expands AI, energy, credit; Shein IPO loss weighs

  • AI infrastructure push Brookfield launched a $100B AI fund and partnered with NVIDIA to mobilize $500B for AI infrastructure, signaling a major strategic bet on the AI boom.

    This is a major new growth initiative that could drive future earnings and investor enthusiasm.

  • Energy and credit deals The $25B fuel cell partnership, $7B Aypa Power acquisition, $16B Kuwait oil JV, and completed Oaktree acquisition expand Brookfield's energy and private credit footprint.

    These deals diversify revenue and strengthen Brookfield's position in key growth sectors.

  • Strong financial performance Brookfield reported strong Q2 earnings, record fundraising, and agreed to acquire Reliance Worldwide for $2.8B, reflecting robust operational momentum.

    Solid financial results and fundraising support the stock by demonstrating execution and growth.

  • Shein IPO collapse The Shein IPO collapse triggered write-downs and payments to investors, hurting investment returns and potentially pressuring the stock price.

    This is a significant setback that could offset positive developments and weigh on sentiment.

September 2026
▲3▼1

Brookfield's AI, insurance, and deal push drive growth

  • AI infrastructure and insurance expansion Brookfield expanded insurance operations and partnered with NVIDIA to finance AI data centers, using insurance float to invest in real assets. This positions BN as a key capital provider for AI projects, potentially boosting future earnings and the stock price.

    This is a new strategic move that directly impacts BN's growth prospects and capital deployment.

  • Record fundraising and nuclear pivot Brookfield reported strong Q2 earnings, record $77B fundraising, and a pivot to AI and nuclear power with a $100B data center project and DOE partnership. This signals robust capital raising and new growth avenues, supporting BN's valuation.

    New financial results and strategic pivot provide concrete evidence of BN's momentum.

  • Shein investment loss Shein's IPO valuation plunged below previous rounds, triggering payments to investors including Brookfield. This results in a write-down for BN, negatively impacting its investment returns and potentially its stock price.

    This is a new negative event affecting BN's investment portfolio and financial performance.

  • Reliance Worldwide acquisition Brookfield agreed to acquire Reliance Worldwide for $2.8B, with the board recommending the deal. This expands BN's private equity portfolio and leverages its industrial expertise, likely contributing to fee-related earnings and long-term value.

    New M&A activity demonstrates BN's active capital deployment and growth strategy.

Latest
▲3▼1

Brookfield's AI, insurance, and deal push drive growth

  • AI infrastructure and insurance expansion Brookfield expanded insurance operations and partnered with NVIDIA to finance AI data centers, using insurance float to invest in real assets. This positions BN as a key capital provider for AI projects, potentially boosting future earnings and the stock price.

    This is a new strategic move that directly impacts BN's growth prospects and capital deployment.

  • Record fundraising and nuclear pivot Brookfield reported strong Q2 earnings, record $77B fundraising, and a pivot to AI and nuclear power with a $100B data center project and DOE partnership. This signals robust capital raising and new growth avenues, supporting BN's valuation.

    New financial results and strategic pivot provide concrete evidence of BN's momentum.

  • Shein investment loss Shein's IPO valuation plunged below previous rounds, triggering payments to investors including Brookfield. This results in a write-down for BN, negatively impacting its investment returns and potentially its stock price.

    This is a new negative event affecting BN's investment portfolio and financial performance.

  • Reliance Worldwide acquisition Brookfield agreed to acquire Reliance Worldwide for $2.8B, with the board recommending the deal. This expands BN's private equity portfolio and leverages its industrial expertise, likely contributing to fee-related earnings and long-term value.

    New M&A activity demonstrates BN's active capital deployment and growth strategy.

August 2026
▲4

Brookfield's AI Financing and Credit Expansion Drive Growth

  • Oaktree Acquisition Completed Brookfield completed its acquisition of Oaktree, expanding its credit platform. This boosts fee income and diversifies revenue, supporting the stock price.

    This is a new event that directly expands Brookfield's asset management business and earnings potential.

  • AI Data Center and Power Campus in Kentucky A consortium including Brookfield will develop a large AI data center and power campus in Kentucky. This increases demand for Brookfield's infrastructure services and positions it in the AI boom.

    This new project adds to Brookfield's AI infrastructure portfolio and signals future revenue growth.

  • NVIDIA Partnership to Mobilize $500 Billion Brookfield is one of six firms partnering with NVIDIA to mobilize over $500 billion for AI infrastructure. This opens a huge new investment avenue, though the MOUs are non-binding and carry execution risks.

    This new partnership significantly expands Brookfield's potential deal pipeline and capital deployment in AI.

  • Q2 Earnings Beat and Record Fundraising Brookfield reported a 15% increase in distributable earnings and record fundraising of $98 billion. Strong results and capital deployment support the stock price.

    This new earnings report confirms Brookfield's financial strength and growth trajectory.

▲4

Brookfield's AI Financing and Credit Expansion Drive Growth

  • Oaktree Acquisition Completed Brookfield completed its acquisition of Oaktree, expanding its credit platform. This boosts fee income and diversifies revenue, supporting the stock price.

    This is a new event that directly expands Brookfield's asset management business and earnings potential.

  • AI Data Center and Power Campus in Kentucky A consortium including Brookfield will develop a large AI data center and power campus in Kentucky. This increases demand for Brookfield's infrastructure services and positions it in the AI boom.

    This new project adds to Brookfield's AI infrastructure portfolio and signals future revenue growth.

  • NVIDIA Partnership to Mobilize $500 Billion Brookfield is one of six firms partnering with NVIDIA to mobilize over $500 billion for AI infrastructure. This opens a huge new investment avenue, though the MOUs are non-binding and carry execution risks.

    This new partnership significantly expands Brookfield's potential deal pipeline and capital deployment in AI.

  • Q2 Earnings Beat and Record Fundraising Brookfield reported a 15% increase in distributable earnings and record fundraising of $98 billion. Strong results and capital deployment support the stock price.

    This new earnings report confirms Brookfield's financial strength and growth trajectory.

July 2026
▲4

Brookfield's AI Infrastructure and Energy Deals Drive Growth

  • Private Credit Expansion Brookfield is growing its private credit business, aiming for $640 billion in assets by 2030. This could boost fee income and diversify revenue, supporting the stock price.

    It highlights a key growth area that can drive future earnings and investor confidence.

  • AI Infrastructure Push Brookfield is investing heavily in AI infrastructure, including a $100 billion fund and a $25 billion fuel cell partnership. This positions it to profit from the AI boom and drive earnings growth.

    It shows a major strategic focus that could significantly increase future cash flows and valuation.

  • Aypa Power Acquisition Brookfield is buying Aypa Power for about $7 billion, adding a large battery storage platform with long-term contracts. This strengthens its energy business and provides stable, contracted revenue.

    It is a concrete deal that expands Brookfield's renewable energy footprint and earnings base.

  • Kuwait Oil Infrastructure JV Brookfield joined a $16 billion joint venture for Kuwait's oil pipelines, which will generate steady, long-term cash flows. This adds to its infrastructure portfolio and fee-earning assets.

    It demonstrates Brookfield's ability to secure large, income-generating infrastructure deals.

▲4

Brookfield's AI Infrastructure and Energy Deals Drive Growth

  • Private Credit Expansion Brookfield is growing its private credit business, aiming for $640 billion in assets by 2030. This could boost fee income and diversify revenue, supporting the stock price.

    It highlights a key growth area that can drive future earnings and investor confidence.

  • AI Infrastructure Push Brookfield is investing heavily in AI infrastructure, including a $100 billion fund and a $25 billion fuel cell partnership. This positions it to profit from the AI boom and drive earnings growth.

    It shows a major strategic focus that could significantly increase future cash flows and valuation.

  • Aypa Power Acquisition Brookfield is buying Aypa Power for about $7 billion, adding a large battery storage platform with long-term contracts. This strengthens its energy business and provides stable, contracted revenue.

    It is a concrete deal that expands Brookfield's renewable energy footprint and earnings base.

  • Kuwait Oil Infrastructure JV Brookfield joined a $16 billion joint venture for Kuwait's oil pipelines, which will generate steady, long-term cash flows. This adds to its infrastructure portfolio and fee-earning assets.

    It demonstrates Brookfield's ability to secure large, income-generating infrastructure deals.

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