Business Segments · Partnership interests

Non-core investments — Partnership interests

Ares Management Corporation Non-core investments — Partnership interests increased by 9.2% to $4.14B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 78.5%, from $2.32B to $4.14B. Over 4 years (FY 2021 to FY 2025), Non-core investments — Partnership interests shows an upward trend with a 120.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

An increase suggests a strategic shift toward opportunistic or diversified asset holdings, while a decrease indicates a divestment or wind-down of non-core partnership activities.

Detailed definition

This metric represents the fair value or carrying amount of equity stakes held in external partnerships or joint venture...

Peer comparison

Similar to 'Other Investments' or 'Strategic Minority Interests' reported by other alternative asset managers, though specific accounting treatment varies by firm.

Metric ID: ares_segment_non_core_investments_partnership_interests

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$4.60M$6.00M$469.60M$719.90M$781.50M$1.05B$1.02B$1.17B$1.29B$1.49B$1.64B$1.72B$1.90B$1.93B$2.00B$2.32B$2.52B$2.75B$3.79B$4.14B
QoQ Change+30.4%>999%+53.3%+8.6%+34.6%-2.7%+14.5%+9.8%+15.5%+10.5%+4.8%+10.1%+2.1%+3.4%+15.9%+8.7%+9.1%+37.9%+9.2%
YoY Change>999%>999%+118.0%+62.8%+64.7%+41.3%+60.5%+46.9%+47.2%+30.2%+21.8%+34.7%+33.0%+42.1%+89.5%+78.5%
Range$4.60M$4.14B
CAGR+318.7%
Avg YoY Growth>999%
Median YoY Growth+53.9%
Current Streak13 quarters growth

Frequently Asked Questions

What is Ares Management Corporation's non-core investments — partnership interests?
Ares Management Corporation (ARES) reported non-core investments — partnership interests of $4.14B in Q1 2026.
How has Ares Management Corporation's non-core investments — partnership interests changed year-over-year?
Ares Management Corporation's non-core investments — partnership interests increased by 78.5% year-over-year, from $2.32B to $4.14B.
What is the long-term trend for Ares Management Corporation's non-core investments — partnership interests?
Over 4 years (2021 to 2025), Ares Management Corporation's non-core investments — partnership interests has grown at a 120.5% compound annual growth rate (CAGR), from $481.40M to $11.38B.
What does non-core investments — partnership interests mean?
The total value of equity investments held in external partnerships that are not part of the company's main investment focus.