HOW ARE LEADERS BUILDING BUSINESSES FOR THE FUTURE?

Michael Arougheti, CEO and co-founder of Ares, discusses his journey in private credit and sports investments. He emphasizes the importance of creating investments and assets, which has been a key strategy for Ares' global expansion in private credit and other assets. Arougheti highlights the client-centric approach to capital raising, which has been crucial in meeting client demand and scaling fundraising efforts. He also shares insights on the resilience of private credit markets, noting that the demand for innovative credit solutions is driven by a need not met by traditional sources. Ares' culture is built on trust and relationships, with a focus on promoting from within and fostering deep friendships among partners. Arougheti's passion for sports is evident in Ares' investments in various sports teams and leagues, including the Orioles and Inter-Miami. He believes sports have a unique ability to bring people together globally.