Discontinued — last reported Q2 '23
Credit Group — Interest and other income of Consolidated Funds
Ares Management Corporation Credit Group — Interest and other income of Consolidated Funds increased by 1800.4% to $15.24M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 228.9%, from $4.63M to $15.24M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests higher yield or larger asset base in consolidated funds, while a decrease may indicate lower interest rate environments or reduced fund assets.
Detailed definition
This metric captures the interest and ancillary income generated by investment funds that are consolidated into the Cred...
Peer comparison
Common in alternative asset managers with consolidated investment vehicles; peers report similar line items as 'Investment Income' or 'Interest Income'.
ares_segment_credit_group_interest_and_other_income_of_consolidated_fundsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $5.74M | $2.94M | $3.49M | $2.68M | $4.63M | $9.48M | $1.57M | -$896.00K | $15.24M |
| QoQ Change | — | -48.8% | +18.6% | -23.3% | +73.2% | +104.7% | -83.4% | -156.9% | >999% |
| YoY Change | — | — | — | — | -19.4% | +222.4% | -54.9% | -133.5% | +228.9% |
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Frequently Asked Questions
- What is Ares Management Corporation's credit group — interest and other income of consolidated funds?
- Ares Management Corporation (ARES) reported credit group — interest and other income of consolidated funds of $15.24M in Q2 2023.
- How has Ares Management Corporation's credit group — interest and other income of consolidated funds changed year-over-year?
- Ares Management Corporation's credit group — interest and other income of consolidated funds increased by 228.9% year-over-year, from $4.63M to $15.24M.
- What does credit group — interest and other income of consolidated funds mean?
- Interest and other income earned by investment funds consolidated within the credit business segment.