Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
SUMMARY
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 bring value for our stakeholders and within our communities. By collaborating across our investment groups, we strive to generate consistent and attractive investment returns throughout market cycles. As of December 21, 2023, Ares Management Corporation's global platform had approximately $419 billion of assets under management, with approximately 2,850 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
The Ares Quantitative Research Group (QRG) is a pioneer in the application of quantitative analytics to private markets. QRG works across asset classes – credit, private equity, private real estate, and infrastructure – to provide investible insights to Ares’ investment teams, to deepen relationships with investors, and to help develop new products for the firm. The group is a leader in private market performance measurement, having played a key role in the development of Direct Alpha and Excess Value. It regularly deals with questions that are novel, taking advantage of Ares’ privileged access to data in private asset classes. QRG consists of two teams, Research and Software, and acts as a firm-wide hub, coordinating closely with quantitative resources that are embedded within Ares’ different investment teams.
PRIMARY FUNCTIONS & RESPONSIBILITIES
We are seeking a motivated and driven Summer Analyst to join our Research team in New York City! Responsibilities include:
- Work with mathematical and statistical models to tackle significant problems in private market investing, including identifying return drivers and attributes of private market portfolios
- Participate in original research to answer novel questions and produce investible information across private market asset classes
- Help to evaluate clients’ private market portfolios, finding opportunities for active management in order to achieve portfolio objectives
- Assist in the preparation of presentations for internal investment groups, external investors, and conferences
- Contribute to the design, development, and evaluation of proprietary software tools used in the assessment of private market investment opportunities
QUALIFICATIONS
Experience Required:
- Candidates for the Summer Analyst role must be pursuing a Bachelor's Degree from an accredited university, preferably in a related field (finance, economics, math, statistics, data analysis)
- Have an anticipated graduation date between December 2025 and August 2026
General Requirements:
- A general understanding of Finance and a strong interest about financial markets
- Interest in private markets
- Proficiency of some selection of statistical tools such as Python, R, Stata or Matlab
- Strong financial analysis, writing, communication, and presentation skills
- Good understanding of Microsoft Excel
- The ability to work both independently and as a productive member of diverse teams!
Location: New York, NY
Duration: 10 weeks
Compensation: Paid Internship- the total base salary (subject to change) is expected to be $100,000 (prorated over 10 weeks)
Accommodations: Relocation stipend
Company Description:
Ares Management Corporation (“Ares” or “the Firm”) is a publicly traded, leading global alternative investment manager with approximately $419 billion of assets under management ("AUM") and ~2,850 employees as of December 21, 2023. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, private equity, real assets, secondaries, and strategic initiatives. The firm has over 30 offices across the United States, Europe, Middle East and Asia Pacific. Our common stock is traded on the New York Stock Exchange under the ticker symbol "ARES".
Ares Management LLC (together with its related operating and administrative subsidiaries, “Ares Management”) is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law.
Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance.
Reporting Relationships
Partner, Head of Investor Strategy & Solutions
Compensation
The anticipated rate for this position is listed below.
$0.00 per month
Ares provides interns with paid holidays in accordance with the firm’s holiday calendar.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.