Ares Management Corporation Private Equity Group — Investment Income, Investment Expense decreased by 9.6% to $3.42M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.3%, from $4.18M to $3.42M. Over 4 years (FY 2021 to FY 2025), Private Equity Group — Investment Income, Investment Expense shows an upward trend with a 15.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may signal higher operational complexity or increased management activity, while a decrease suggests cost optimization or reduced portfolio activity.
This metric captures the gross investment-related costs incurred by the Private Equity segment to manage its portfolio....
Similar to investment management expenses or direct portfolio operating costs at other private equity firms.
ares_segment_private_equity_group_investment_income_investment_expense| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.64M | $2.73M | $2.78M | $3.37M | $3.63M | $4.18M | $4.77M | $5.62M | $5.74M | $4.83M | $5.24M | $5.89M | $5.77M | $4.86M | $6.11M | $4.18M | $3.81M | $3.79M | $3.78M | $3.42M |
| QoQ Change | — | +65.9% | +1.9% | +21.4% | +7.6% | +15.3% | +14.0% | +17.8% | +2.1% | -15.8% | +8.6% | +12.3% | -2.1% | -15.7% | +25.7% | -31.6% | -8.9% | -0.7% | -0.1% | -9.6% |
| YoY Change | — | — | — | — | +120.9% | +53.4% | +71.6% | +66.5% | +58.0% | +15.4% | +10.0% | +4.9% | +0.6% | +0.7% | +16.6% | -29.0% | -33.9% | -22.2% | -38.2% | -18.3% |