ARES MANAGEMENT CORP

Ares Management Corporation has announced a leadership change, appointing Sarah Cole as Co-Head of Global Capital Solutions to bolster the firm’s investment portfolio management capabilities.

Ares Management Corp. has acquired a 20% stake in Eni’s Plenitude for €2 billion, marking a significant expansion into renewable energy markets and underscoring the growing demand for sustainable energy solutions.

Ares Management Corp has successfully closed a $2.4 billion data center fund in Japan, but its stock price has been volatile and its high valuation raises concerns about sustainability.