ARES history

In 2000, after becoming the go-to standard solution for the mining and metals industry, ARES PRISM gained traction with customers in the Calgary and Alberta tar sands and ventured into the oil and gas industry.

In 2004, Ares created a specialty finance company, Ares Capital Corporation (NASDAQ: ARCC, "ARCC") for corporate lending activities, which is now the largest business development company by market capitalization.

In 2007, after expanding to more than a dozen offices across the USA and Canada, ARES PRISM broadened its horizons to South Africa, and officially opened our first office outside of North America.

In 2009, an office in Australia was opened to serve a growing customer base while also infiltrating the nuclear and commercial power industries in the USA and Africa.

Ares launched its Real Estate Group in 2010 with the objective of extending its underwriting discipline, credit orientation and investment experience to invest across the capital structure and address the growing need for financing solutions in middle-market commercial real estate.

2012 brought a great shift to ARES PRISM– In order to provide more dedicated PRISM support to clients, a decision was made to become more software-focused by separating ARES PRISM from ARES Corporation.

Ares became a publicly traded partnership in May 2014.

In 2015, ARES PRISM introduced a game-changer for enterprises by adding PRISM Integrator to our modular offerings, allowing bi-directional communication to occur between PRISM and virtually any other software or system an organization utilizes.

ARCC further enhanced its leadership position in United States middle market direct lending with the strategic acquisition of American Capital, Ltd. in January 2017.

In November 2018, Ares completed its conversion to a corporation under Delaware law and was renamed Ares Management Corporation, leading the alternative asset management industry as the first to make this shift.

In 2019, PRISM Go (the web extension complement to PRISM G2’s enterprise project controls software) launched.

In 2020, Ares closed on the acquisition of SSG Capital, a leading pan-Asian alternative asset manager, which has go-forward been re-branded to Ares SSG to reflect the combined strengths and capabilities of both platforms.