Discontinued — last reported Q4 '22
Ares Management Corporation Strategic Initiatives — Interest and other income of Consolidated Funds increased by 42.6% to -$2.38M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 44.3%, from -$4.28M to -$2.38M.
An increase reflects higher income generation within the consolidated fund structures, which may impact the firm's reported top-line revenue despite being largely attributable to external investors.
This metric tracks the interest and other income generated by investment funds that are consolidated into the Strategic...
Commonly found in the financial statements of asset managers that consolidate investment vehicles under accounting standards like GAAP.
ares_segment_strategic_initiatives_interest_and_other_income_of_consolidated_funds| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | |
|---|---|---|---|---|---|---|---|
| Value | $425.00K | -$2.95M | -$4.28M | -$4.97M | -$94.00K | -$4.15M | -$2.38M |
| QoQ Change | — | -793.4% | -45.2% | -16.2% | +98.1% | <-999% | +42.6% |
| YoY Change | — | — | — | — | -122.1% | -40.8% | +44.3% |