The provided text is an excerpt from the Wikipedia article about Ares Management Corporation, offering a comprehensive look at the American asset management company. The article details Ares Management's status as a global alternative investment manager that operates across credit, private equity, and real estate markets. It includes key corporate data such as its founding in 1997 by multiple individuals, its Los Angeles headquarters, current financial metrics for 2024, and a substantial $596 billion in assets under management as of late 2025. Furthermore, the text outlines the firm's history, including its initial public offering, major acquisitions like Black Creek Group and a portion of GLP Capital Partners, and its operational structure through four main business units: Credit, Private Equity, Real Estate, and Ares SSG.