Ares Management has appointed Peter Ogilvie as chief operating officer and head of strategy, elevating a longtime partner who has been instrumental in the firm's corporate strategy efforts. The appointment takes effect immediately, consolidating two critical leadership functions at the alternative asset manager.

Ogilvie currently serves as partner and head of the Ares corporate strategy group. He joined the firm in 2007, bringing experience from Credit Suisse's leveraged finance and restructuring group. His nearly two decades of experience in finance and strategy positions him well for this expanded role overseeing both operational and strategic functions.

This appointment signals Ares's focus on operational efficiency and strategic growth as the firm continues to expand its global footprint across private equity, credit, and real estate markets. The dual role reflects the increasing complexity of managing a large alternative investment platform.

The promotion places Ogilvie in charge of day-to-day operations alongside strategic initiatives at one of the world's largest alternative asset managers. This leadership structure underscores the firm's commitment to integrating operational oversight with long-term strategic planning.