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NEW YORK--(BUSINESS WIRE)--Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that an Ares Private Equity fund has closed a single-asset continuation vehicle with approximately $850 million in total commitments for Convergint Technologies, L.P. (“Convergint” or the “Company”), a global leader in service-based systems integration. The transaction was…

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Shares of Ares Management Corporation (NYSE: ARES - Get Free Report) have been assigned an average rating of "Moderate Buy" from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy

Market sentiment appears overly defensive in certain areas, suggesting potential mispricing in risk assets. The analysis highlights top-tier BDCs, focusing on dividend yields, price/NAV, leverage, and credit quality. Main Street Capital (MAIN), Capital Southwest (CSWC), and Ares Capital (ARCC) offer strong yields with varying risk profiles.

Artisan Partners Limited Partnership increased its stake in Ares Management Corporation (NYSE: ARES) by 17.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 583,653 shares of the asset manager's stock after acquiring an additional 85,199 shares during the