Ares Management Appoints Bill Benjamin to Vice Chairman Role

 to Continue Leading Growth of Real Estate Business

--(BUSINESS WIRE)--  (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that it has appointed  , current Co-Head of , to the newly created position of Vice Chairman of Ares, effective .  team will continue to be led by   as the global Head of Real Estate.

In his role as Vice Chairman,   will report to Kipp deVeer and  , Co-Presidents of Ares, and will remain based in . He will continue to focus on partnering with Real Estate leadership on strategic initiatives and relationships, including the ongoing integration of , while supporting Ares’ senior leadership team on firmwide initiatives.   will also continue to serve as Chairman of the Ares Commercial Real Estate Corporation and Ares Industrial Real Estate Income Trust Boards of Directors and in his roles on Ares’ Real Estate and other various investment committees.

“Throughout Ares’ growth, we have benefited from a deep bench of leadership,” said  , Chief Executive Officer of Ares. “I have had the privilege of working closely with Bill and Julie over the years to establish our Real Estate business as a key driver of the firm’s transformation. I am confident that Bill’s extensive private markets insights and collaborative leadership will continue to advance Ares’ strategic priorities, and I look forward to Julie and team continuing our strong momentum in .”

“I’m incredibly proud of the evolution of  into an industry leader over the last decade-plus and am honored to continue working with Julie and the team as they capitalize on the exciting opportunities ahead,” said  . “From this new vantage point, I am excited to forge even deeper ties across the firm to both strengthen our institutional relationships and mentor Ares’ next generation of leaders.”

“Over the years, Bill’s leadership has been instrumental in shaping the growth and strengthening the reputation of ,” said  . “In this past year, we transformed our business by doubling our size and expanding our capabilities to capture large-scale demand across New Economy sectors. With a comprehensive suite of capabilities and a disciplined investment approach, we are well-positioned to deliver compelling, risk-adjusted returns that meet the evolving needs and long-term goals of our clients.”

 and   joined Ares in 2013 through the acquisition of . Together, they have spearheaded the evolution of  into one of the world’s most scaled and diversified vertically integrated real estate managers through both organic growth and the integrations of ,  and  . Today,  has more than 740 team members globally, manages a portfolio representing more than 720 million square feet and is the third largest owner, operator and developer of logistics assets in the world.

About 

 (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes. We seek to advance our stakeholders’ long-term goals by providing flexible capital that supports businesses and creates value for our investors and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of ,  global platform had over  of assets under management, with operations across , , ,  and the . For more information, please visit www.aresmgmt.com.

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Media
 | Brennan O’Toole
media@aresmgmt.com

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