Business Segments · Investment Income, Investment Expense

Secondaries Group — Investment Income, Investment Expense

Ares Management Corporation Secondaries Group — Investment Income, Investment Expense decreased by 20.9% to $1.62M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.2%, from $2.01M to $1.62M. Over 3 years (FY 2022 to FY 2025), Secondaries Group — Investment Income, Investment Expense shows an upward trend with a 12.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026

How to read this metric

Increasing expenses relative to assets may signal rising management costs or inefficient portfolio servicing.

Detailed definition

Captures the gross investment-related expenses incurred by the Secondaries Group segment to manage its portfolio. This i...

Peer comparison

Comparable to investment-related operating expenses at other alternative asset managers.

Metric ID: ares_segment_secondaries_group_investment_income_investment_expense

Historical Data

18 periods
 Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$427.00K$465.00K$1.56M$1.75M$1.89M$2.31M$2.45M$2.02M$2.20M$2.70M$2.58M$2.19M$2.77M$2.01M$1.86M$2.08M$2.05M$1.62M
QoQ Change+8.9%+234.8%+12.6%+7.5%+22.3%+6.3%-17.6%+9.1%+22.4%-4.4%-15.0%+26.6%-27.6%-7.3%+11.5%-1.2%-20.9%
YoY Change+310.5%+395.7%+57.4%+15.2%+16.9%+17.0%+5.2%+8.5%+25.8%-25.6%-27.8%-5.2%-26.0%-19.2%
Range$427.00K$2.77M
CAGR+36.9%
Avg YoY Growth+53.5%
Median YoY Growth+11.8%
Current Streak2 quarters decline

Frequently Asked Questions

What is Ares Management Corporation's secondaries group — investment income, investment expense?
Ares Management Corporation (ARES) reported secondaries group — investment income, investment expense of $1.62M in Q1 2026.
How has Ares Management Corporation's secondaries group — investment income, investment expense changed year-over-year?
Ares Management Corporation's secondaries group — investment income, investment expense decreased by 19.2% year-over-year, from $2.01M to $1.62M.
What is the long-term trend for Ares Management Corporation's secondaries group — investment income, investment expense?
Over 3 years (2022 to 2025), Ares Management Corporation's secondaries group — investment income, investment expense has grown at a 12.2% compound annual growth rate (CAGR), from $5.66M to $8.00M.
What does secondaries group — investment income, investment expense mean?
Total expenses related to the management of the Secondaries Group investment portfolio.