Ares Management Appoints Julie Solomon as Co-Head of Real Estate
30 1월 2024 - 10:30PM
Business Wire
Ares Management Corporation (NYSE: ARES) (“Ares”) announced
today that Julie Solomon, Global Chief Operating Officer of Ares
Real Estate, has been promoted to Co-Head of Real Estate alongside
Bill Benjamin, current Head of Real Estate. Effective immediately,
Ms. Solomon and Mr. Benjamin together will co-lead the Ares Real
Estate business globally.
Ms. Solomon joined Ares in 2013 and has been an invaluable
leader on the Real Estate team throughout this time as a key
contributor to the team’s significant organic and inorganic growth.
As Global Chief Operating Officer of Ares Real Estate, she has been
instrumental in driving the growth and integration of the team’s
portfolio management function, the buildout of its data and
analytics infrastructure, and fundraising efforts. In addition to
her role as a senior leader within Ares, Ms. Solomon is recognized
as a leader in the real estate industry, serving on the Advisory
Board of NYPEN Real Estate, of which she is a Founding Member, and
as a member of the Pension Real Estate Association (“PREA”) and WX
New York Women Executives in Real Estate.
“After almost two decades of partnership, I am thrilled to
continue leading this amazing team with Julie,” said Mr. Benjamin.
“She is a talented industry veteran whose professionalism and
accomplishments are highly regarded among Ares’ team members,
limited partners and industry stakeholders. She has been a driving
force behind our team’s strategic growth as well as our culture of
operational and investment excellence. With her perspectives,
insights, and relationships, I am confident that she is the right
leader to continue partnering with me in shaping our future.”
“I am honored and excited to join Bill in leading the global
Real Estate team as we continue to execute our long-term strategy,”
said Ms. Solomon. “Our team has reached many significant milestones
over our nearly 20 years of working together and I am so proud of
all that we have achieved. We have grown tremendously over the last
few years, catapulting us to a position of strength among the top
real estate investment platforms globally. We will continue to
build upon our track record of success through our disciplined
investment approach, expansion of our vertically integrated
capabilities and excellent client experience.”
The Ares Real Estate team oversees approximately $49 billion of
assets under management and has more than 250 investment
professionals across sixteen local offices in core markets in the
U.S. and Europe. The team leverages its scaled, vertically
integrated operating platform to execute comprehensive real estate
equity and debt strategies that are flexible by geography, product
type and sector. The team’s property-level experience, local market
presence, and synergies with the broader Ares platform are key
drivers of differentiated deal flow and enhanced investment
outcomes.
About Ares Management Corporation
Ares Management Corporation (NYSE: ARES) is a leading global
alternative investment manager offering clients complementary
primary and secondary investment solutions across the credit,
private equity, real estate and infrastructure asset classes. We
seek to provide flexible capital to support businesses and create
value for our stakeholders and within our communities. By
collaborating across our investment groups, we aim to generate
consistent and attractive investment returns throughout market
cycles. As of September 30, 2023, Ares Management Corporation's
global platform had approximately $395 billion of assets under
management, with approximately 2,800 employees operating across
North America, Europe, Asia Pacific and the Middle East. For more
information, please visit www.aresmgmt.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240129004238/en/
Media: Brittany Cash, +1 212-301-0347
media@aresmgmt.com
Ares Management (NYSE:ARES)
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Ares Management (NYSE:ARES)
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