A Los Angeles‑based asset manager, Ares Management, closed the first quarter of 2026 with $5 billion in equity and debt commitments for real‑estate projects, signaling vigorous demand for its diversified product suite.

Chief executive Michael Arougheti explained on the earnings call that the firm’s broadened focus—from U.S. private credit to infrastructure, real estate, and private equity—has attracted significant investor interest, positioning Ares to capture market share as advisers shift portfolios.

With this influx of capital, Ares plans to finalize additional fundraising later this year, reinforcing its strategy to expand across alternative asset classes and deliver robust returns to its limited partners.