Discontinued — last reported Q1 '26
Ares Management Corporation Credit Group — Performance Fees Compensation Expense Realized increased by 795.3% to $102.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 198.5%, from $34.26M to $102.25M. Over 3 years (FY 2021 to FY 2024), Credit Group — Performance Fees Compensation Expense Realized shows an upward trend with a 16.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase is generally expected when performance fees rise, but a disproportionate increase relative to revenue may signal rising talent costs.
Reflects the portion of realized performance fees that is allocated to employees and investment professionals as compens...
Standard variable compensation expense linked to carried interest at private equity and credit firms.
ares_segment_credit_group_performance_fees_compensation_expense_realized| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $43.49M | $3.08M | $83.28M | $4.58M | $29.36M | $1.74M | $117.86M | $5.88M | $55.73M | $7.18M | $143.18M | $8.73M | $60.94M | $3.45M | $134.67M | $34.26M | $13.25M | $11.42M | $102.25M |
| QoQ Change | — | -92.9% | >999% | -94.5% | +541.0% | -94.1% | >999% | -95.0% | +847.6% | -87.1% | >999% | -93.9% | +597.8% | -94.3% | >999% | -74.6% | -61.3% | -13.8% | +795.3% |
| YoY Change | — | — | — | — | -32.5% | -43.6% | +41.5% | +28.4% | +89.8% | +313.4% | +21.5% | +48.5% | +9.4% | -51.9% | -5.9% | +292.2% | -78.3% | +230.9% | +198.5% |