Ares Management Corporation Credit Group — Total performance related compensation—realized decreased by 48.5% 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 2 years (FY 2023 to FY 2025), Credit Group — Total performance related compensation—realized shows an upward trend with a 10.2% CAGR.
High values correlate with high performance income, reflecting a variable cost structure.
The portion of realized performance income that is paid out to employees and investment professionals as compensation. T...
Common in private equity and credit firms; peers report this as 'Compensation related to performance fees'.
ares_segment_credit_group_total_performance_related_compensation_realized| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $43.46M | $3.08M | $4.58M | $29.36M | $1.74M | $5.00M | $39.04M | $7.18M | $160.76M | $8.73M | $60.94M | $3.45M | $134.67M | $34.26M | $13.25M | $11.42M | $198.36M | $102.25M |
| QoQ Change | — | -92.9% | +48.7% | +541.0% | -94.1% | +187.7% | +681.3% | -81.6% | >999% | -94.6% | +597.8% | -94.3% | >999% | -74.6% | -61.3% | -13.8% | >999% | -48.5% |
| YoY Change | — | — | — | -32.4% | -43.6% | +9.1% | +33.0% | +313.4% | — | +74.8% | +56.1% | -51.9% | -16.2% | +292.2% | -78.3% | +230.9% | +47.3% | +198.5% |