Earnings

The $1.3trn manager said that it has recorded record fundraising YTD as of 30 September.

The firm also plans to launch the second vintage of its Blue Owl Strategic Equity Partners program in 2027, chief financial officer Alan Kirshenbaum said during the firm’s third-quarter earnings call.

But revenue plunged 52% and earnings swung to a loss as higher interest rates weighed on its retirement services business.

Higher fees from diversification to Europe and alternative credit help boost platform and drive rise in fee-paying assets in Q3.

The firm’s bet on financing AI and its focus on investment-grade and ABF helped pick up the slack, however.

Some investors have been ‘housing capital’ in evergreens before redeeming to fund a Hamilton Lane SMA, co-chief Erik Hirsch said on a Tuesday earnings call.

New York-based manager’s origination machine has grown AUM by 25% in one year to $1.05trn.

The second-quarter equity fundraise for credit of $1.8bn was about one-tenth of last year’s.

Ares Management raises a record $36.4bn in capital and deploys $36bn

CVC and Tikehau announce their H1 2026 results, which both reflect more challenging conditions for deployment of capital.