Michael McFerran - Ares Management CFO

ARES Stock  USD 142.27  0.17  0.12%   

CFO

Mr. Michael R. McFerran is Chief Financial Officer, Chief Operating Officer, Executive Vice President, Treasurer of Ares Management, L.P. Since 2015, Mr. McFerran has served as Executive Vice President and Chief Financial Officer of Ares Management, a Partner in and Head of the Ares Finance Department, and a member of the Management Committee of Ares Management. Among other duties, he serves as a member of the Ares Operations Management Group and the Ares Enterprise Risk Committee. Prior to joining Ares in March 2015, Mr. McFerran was a Managing Director at KKR where he was Chief Financial Officer of KKR credit business and Chief Operating Officer and Chief Financial Officer at KKR Financial Holdings LLC since 2017.
Age 48
Tenure 7 years
Professional MarksMBA
Address 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067
Phone310-201-4100
Webhttps://www.aresmgmt.com
McFerran holds an M.B.A. from the Haas School of Business at U.C. Berkeley and a B.S. in Business Administration from San Francisco State University.

Ares Management Management Efficiency

The company has return on total asset (ROA) of 0.0246 % which means that it generated a profit of $0.0246 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2337 %, meaning that it created $0.2337 on every $100 dollars invested by stockholders. Ares Management's management efficiency ratios could be used to measure how well Ares Management manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.42 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, Ares Management's Non Currrent Assets Other are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 1.1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 11.9 B in 2024.
The company currently holds 15.76 B in liabilities with Debt to Equity (D/E) ratio of 2.65, implying the company greatly relies on financing operations through barrowing. Ares Management LP has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ares Management until it has trouble settling it off, either with new capital or with free cash flow. So, Ares Management's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ares Management LP sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ares to invest in growth at high rates of return. When we think about Ares Management's use of debt, we should always consider it together with cash and equity.

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Ares Management Corporation operates as an alternative asset manager in the United States, Europe, and Asia. Ares Management GP LLC is the general partner of the company. Ares Management operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 2170 people. Ares Management LP (ARES) is traded on New York Stock Exchange in USA. It is located in 2000 Avenue of the Stars, Los Angeles, CA, United States, 90067 and employs 2,900 people. Ares Management is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Ares Management LP Leadership Team

Elected by the shareholders, the Ares Management's board of directors comprises two types of representatives: Ares Management inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ares. The board's role is to monitor Ares Management's management team and ensure that shareholders' interests are well served. Ares Management's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ares Management's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bennett Rosenthal, Co-Founder, Sr. Partner, Co-Head of Private Equity Group, Sr. Partner of Ares Management GP LLC, Director of Ares Management GP LLC and Member of The Management Committee
Antony Ressler, Co-Founder, Chairman of Ares Management GP LLC and CEO of Ares Management GP LLC
Stphane Etroy, Partner, Head of European Private Equity
Jeffrey Hughes, Managing Director - New Private Placement Effort
Sandesh Hegde, Global Partner
Robert deVeer, Partner, Head of Credit Group, Director
Jana Markowicz, Chief Lending
Michael McFerran, CFO of Ares Management Gp Llc - General Partner, Executive VP of Ares Management Gp Llc - General Partner and Treasurer of Ares Management Gp Llc - General Partner
Naseem Aghili, General Counsel, Secretary
Robert III, Partner, Director
Naseem JD, General Partner
Raj Krishnan, Partner, Chief Investment Officer of Ares Insurance Solutions
Ryan Berry, Partner, Chief Marketing and Strategy Officer
Antoinette Bush, Independent Director
Eileen Naughton, Independent Director
Adam Heltzer, Managing Director, Head of Environmental, Social and Governance
Carl CFA, Head Partner
Jarrod Phillips, Partner, Principal Financial and Accounting Officer
Paul Joubert, Independent Director of Ares Management GP LLC
Michael Arougheti, Co-Founder, Sr. Partner, Co-Head of Direct Lending Group and President of Ares Management GP LLC, Director of Ares Management GP LLC and Member of The Management Committee
David Kaplan, Co-Founder, Sr. Partner, Co-Head of Private Equity Group, Sr. Partner of Ares Management GP LLC and Director of Ares Management GP LLC
Mark CPA, Accounting Finance
Indhira Arrington, Managing Director, Global Chief Diversity, Equity and Inclusion Officer
Judy Olian, Independent Director of Ares Management GP LLC
Edwin Wong, Managing SSG
Michael Lynton, Independent Director of Ares Management GP LLC

Ares Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ares Management a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ares Management

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ares Management position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ares Management will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ares Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ares Management when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ares Management - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ares Management LP to buy it.
The correlation of Ares Management is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ares Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ares Management LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ares Management can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ares Management LP is a strong investment it is important to analyze Ares Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ares Management's future performance. For an informed investment choice regarding Ares Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Management LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Ares Management LP information on this page should be used as a complementary analysis to other Ares Management's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for Ares Stock analysis

When running Ares Management's price analysis, check to measure Ares Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ares Management is operating at the current time. Most of Ares Management's value examination focuses on studying past and present price action to predict the probability of Ares Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ares Management's price. Additionally, you may evaluate how the addition of Ares Management to your portfolios can decrease your overall portfolio volatility.
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Is Ares Management's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ares Management. If investors know Ares will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ares Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
3.24
Earnings Share
2.26
Revenue Per Share
18.761
Quarterly Revenue Growth
(0.13)
The market value of Ares Management LP is measured differently than its book value, which is the value of Ares that is recorded on the company's balance sheet. Investors also form their own opinion of Ares Management's value that differs from its market value or its book value, called intrinsic value, which is Ares Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ares Management's market value can be influenced by many factors that don't directly affect Ares Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ares Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ares Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ares Management's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.