Ares Management Corporation $(ARES)$ released its financial results for the second quarter ending June 30, 2025. The company reported a GAAP net income attributable to Ares Management Corporation of $137.1 million. Net income per share of Class A and non-voting common stock was $0.46. After-tax realized income for the quarter was reported at $367.9 million, with an after-tax realized income per share of Class A common stock of $1.03. Fee-related earnings reached $409.1 million during this period. Ares Management Corporation noted a 24% or more year-over-year growth in assets under management (AUM), fee-paying AUM, and management fees. The company's AUM benefited from significant quarterly gross fundraising and record market appreciation, attributed to robust investment performance across its major strategies. The company's diversified portfolio of funds and products continues to attract strong investor interest from institutional, wealth, and insurance channels. The second quarter also marked the first full quarter of financials from the acquisition of GCP International. Ares Management Corporation stated that it is on track to meet its financial goals for this business, with synergies that are expected to be greater than originally anticipated, to be realized gradually over time. Additionally, Ares declared a quarterly dividend of $1.12 per share for its Class A and non-voting common stock, payable on September 30, 2025, to shareholders of record as of September 16, 2025. The company also highlighted an improving transaction environment and a record amount of available capital exceeding $150 billion, positioning it well for potential future earnings growth.