Ares Management Corporation Secondaries Group — Total investments decreased by 47.2% to $8.02B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 47.2%, from $15.19B to $8.02B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in total investments indicates successful capital raising and deployment.
The aggregate fair value of all investment assets held by the Secondaries Group. This represents the scale of the segmen...
Standard AUM or investment portfolio size metric for asset managers.
ares_segment_secondaries_group_total_investments| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $7.10B | $12.72B | $13.50B | $15.19B | $8.02B |
| QoQ Change | — | +79.2% | +6.1% | +12.6% | -47.2% |
| YoY Change | — | +79.2% | +6.1% | +12.6% | -47.2% |