Discontinued — last reported Q1 '23
Ares Management Corporation Real Estate Group — Total performance related compensation—realized decreased by 88.5% to $3.76M in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 83.1%, from $22.21M to $3.76M. This is a positive signal — lower values indicate better performance for this metric.
An increase generally tracks with higher realized performance income, reflecting a successful period of investment exits.
This represents the portion of performance-based compensation paid to employees and partners that is directly linked to...
Comparable to compensation expense linked to carried interest at other alternative asset management firms.
ares_segment_real_estate_group_total_performance_related_compensation_realized| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $3.40M | $2.81M | $52.07M | $22.21M | $11.19M | $17.12M | $32.60M | $3.76M |
| QoQ Change | — | -17.3% | >999% | -57.4% | -49.6% | +53.0% | +90.4% | -88.5% |
| YoY Change | — | — | — | — | +229.2% | +509.3% | -37.4% | -83.1% |