Greg Mason
Co-Head of Public Markets Investor Relations
Replay available
Ares Management Corporation (NYSE: ARES) Q4 2025 earnings conference call, held 2026-02-05. Replay captured from the company's public earnings webcast.

Co-Head of Public Markets Investor Relations
Chief Executive Officer
Chief Financial Officer
Analyst, Bank of America
Analyst, Goldman Sachs
Analyst, TD Cowen
Analyst, J.P. Morgan
Analyst, BMO
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WEBVTT 00:00:00.740 -- 00:00:06.548 Welcome to ARIES Management Corporation's fourth quarter and year-end 2025 earnings 00:00:06.548 -- 00:00:11.996 conference call. At this time, all participants are in a listen-only mode. 00:00:11.996 -- 00:00:17.003 As a reminder, this conference call is being recorded on Thursday, February 5th, 00:00:17.003 -- 00:00:19.806 2026. I'm going 00:00:19.806 -- 00:00:24.873 to turn the call over to Greg Mason, Co-Head of Public Markets Investor Relations 00:00:24.873 -- 00:00:27.494 for ARIES Management. 00:00:27.773 -- 00:00:31.558 Good morning, and thank you for joining us today for our fourth quarter and year-end 00:00:31.558 -- 00:00:37.124 2025 conference call. I'm joined today by Michael Arrighetti, our Chief Executive Officer, 00:00:37.124 -- 00:00:39.667 and Jared Phillips, our Chief Financial Officer. 00:00:39.667 -- 00:00:44.213 We also have other executives with us today who will be available during Q&A. 00:00:44.213 -- 00:00:49.339 Before we begin, I want to remind you that comments made during this call contain forward-looking 00:00:49.339 -- 00:00:52.603 statements and are subject to risks and uncertainties, 00:00:52.603 -- 00:00:56.495 including those identified in our risk factors in our SEC filings. 00:00:56.495 -- 00:01:00.740 Our actual results could differ materially, and we undertake no obligation to update 00:01:00.740 -- 00:01:04.924 any such forward-looking statements. Please also note that past performance is not a 00:01:04.924 -- 00:01:09.449 guarantee of future results, and nothing on this call constitutes an offer to sell or 00:01:09.449 -- 00:01:15.176 a solicitation of an offer to purchase an interest in ARIES or any ARIES fund. 00:01:15.176 -- 00:01:18.900 During this call, we will refer to certain non-GAA...