ARES Management Corporation operates as an alternative asset manager in the United States Europe and Asia The companys Tradable Credit Group segment manages various types of investment funds such as commingled and separately managed accounts for institutional investors and publicly traded vehicles and subadvised funds for retail investors in the tradable and noninvestment grade corporate credit markets Its Direct Lending Group segment provides financing solutions to smalltomedium sized companies The companys Private Equity Group segment focuses on majority or sharedcontrol investments primarily in undercapitalized companies Its Real Estate Group segment invests in new developments and the repositioning of assets with a focus on control or majoritycontrol investments and originates and invests in a range of selforiginated financing opportunities for middlemarket owners and operators of commercial real estate The firm was previously known as ARES Management LP ARES Management Corporation was founded in 1997 and is headquartered in Los Angeles California with additional offices in the United States Europe and Asia ARES Management GP LLC is the general partner of the company