Business Segments · Unfunded commitments

Non-core investments — Unfunded commitments

Ares Management Corporation Non-core investments — Unfunded commitments increased by 2.6% to $3755464000.00 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 244.9%, from $1088937000.00 to $3755464000.00. Over 3 years (FY 2022 to FY 2025), Non-core investments — Unfunded commitments shows an upward trend with a 38.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026

How to read this metric

An increase indicates higher future capital requirements and potential liquidity pressure, whereas a decrease signals a reduction in future funding obligations for these specific assets.

Detailed definition

This metric quantifies the total contractual obligation the firm has to provide future capital to non-core investment ve...

Peer comparison

Comparable to 'Unfunded Capital Commitments' or 'Capital Call Obligations' found in the footnotes of other private equity and asset management firms.

Metric ID: ares_segment_non_core_investments_unfunded_commitments

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$1,200,000,000.00$958,500,000.00$903,900,000.00$811,300,000.00$869,000,000.00$1,025,300,000.00$1,002,300,000.00$830,746,000.00$738,621,000.00$1,079,881,000.00$988,337,000.00$1,000,749,000.00$932,473,000.00$1,088,937,000.00$2,248,528,000.00$2,330,124,000.00$3,658,819,000.00$3,755,464,000.00
QoQ Change-20.1%-5.7%-10.2%+7.1%+18.0%-2.2%-17.1%-11.1%+46.2%-8.5%+1.3%-6.8%+16.8%+106.5%+3.6%+57.0%+2.6%
YoY Change-27.6%+7.0%+10.9%+2.4%-15.0%+5.3%-1.4%+20.5%+26.2%+0.8%+127.5%+132.8%+292.4%+244.9%
Range$0.00$3,755,464,000.00
Avg YoY Growth+59.1%
Median YoY Growth+8.9%
Current Streak5 quarters growth

Frequently Asked Questions

What is Ares Management Corporation's non-core investments — unfunded commitments?
Ares Management Corporation (ARES) reported non-core investments — unfunded commitments of $3755464000.00 in Q1 2026.
How has Ares Management Corporation's non-core investments — unfunded commitments changed year-over-year?
Ares Management Corporation's non-core investments — unfunded commitments increased by 244.9% year-over-year, from $1088937000.00 to $3755464000.00.
What is the long-term trend for Ares Management Corporation's non-core investments — unfunded commitments?
Over 3 years (2022 to 2025), Ares Management Corporation's non-core investments — unfunded commitments has grown at a 38.1% compound annual growth rate (CAGR), from $3542700000.00 to $9326408000.00.
What does non-core investments — unfunded commitments mean?
The total amount of capital the company has promised to invest in non-core projects that has not yet been called by the fund managers.