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v3.25.1

Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Series B Mandatory Convertible Preferred Stock |  |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Preferred stock, shares authorized (in shares) | 1,000,000,000 | 1,000,000,000
Preferred stock, shares issued (in shares) | 30,000,000 |
Preferred stock, shares outstanding (in shares) | 30,000,000 | 30,000,000
Class A Common Stock |  |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized (in shares) | 1,500,000,000 | 1,500,000,000
Common stock, shares issued (in shares) | 214,895,604 | 199,872,571
Common stock, shares outstanding (in shares) | 214,895,604 | 199,872,571
Non-voting Common Stock |  |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized (in shares) | 500,000,000 | 500,000,000
Common stock, shares issued (in shares) | 3,489,911 | 3,489,911
Common stock, shares outstanding (in shares) | 3,489,911 | 3,489,911
Class B Common Stock |  |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized (in shares) | 1,000 | 1,000
Common stock, shares issued (in shares) | 1,000 | 1,000
Common stock, shares outstanding (in shares) | 1,000 | 1,000
Class C Common Stock |  |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01
Common stock, shares authorized (in shares) | 499,999,000 | 499,999,000
Common stock, shares issued (in shares) | 108,114,920 | 109,806,689
Common stock, shares outstanding (in shares) | 108,114,920 | 109,806,689
Ares Management L.P |  |
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration] | Affiliated entity | Affiliated entity
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] | Accounts Payable and Accrued Liabilities | Accounts Payable and Accrued Liabilities
Accounts Payable, Related Party, Type [Extensible Enumeration] | Affiliated entity | Affiliated entity
Ares Management L.P | Carried interest |  |
Equity method investments: | $ 3,557,277 | $ 3,495,115
Consolidated Funds |  |
Accounts Payable, Related Party, Type [Extensible Enumeration] | Affiliated entity | Affiliated entity

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