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INVESTMENTS - Schedule of Investments (Details) - Ares Management L.P - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investments    
Equity method investments: $ 4,119,700 $ 3,495,115
Equity method private investment partnership interests and other   238
Fixed income securities 976,977 557,287
Common stock and other equity securities, at fair value 878,990 515,216
Total investments 5,755,803 4,644,775
Partnership Interests    
Investments    
Equity method investments: $ 5,446,287 $ 4,498,905
Percentage of total investments as of 94.60% 96.90%
Collateralized loan obligations and fixed income securities    
Investments    
Collateralized loan obligations $ 31,924 $ 41,833
Percentage of total investments as of 0.60% 0.90%
Collateralized loan obligations    
Investments    
Collateralized loan obligations $ 21,119 $ 19,040
Percentage of total investments as of 0.40% 0.40%
Fixed income securities    
Investments    
Fixed income securities $ 10,805 $ 22,793
Percentage of total investments as of 0.20% 0.50%
Common stock and other equity securities, at fair value    
Investments    
Common stock and other equity securities, at fair value $ 277,592 $ 104,037
Percentage of total investments as of 4.80% 2.20%
Equity method - carried interest    
Investments    
Equity method investments: $ 4,053,637  
Percentage of total investments as of 70.40% 75.20%
Equity method - carried interest (held at fair value)    
Investments    
Equity method investments: $ 66,063 $ 0
Percentage of total investments as of 1.20% 0.00%
Partnership Interests    
Investments    
Equity method investments: $ 660,558 $ 536,912
Percentage of total investments as of 11.50% 11.60%
Equity method private investment partnership interests and other (held at fair value)    
Investments    
Equity method investments: $ 601,398 $ 411,417
Percentage of total investments as of 10.40% 8.90%
Equity method private investment partnership interests and other    
Investments    
Equity method private investment partnership interests and other $ 64,631 $ 55,461
Percentage of total investments as of 1.10% 1.20%