Ares Management Corporation (ARES) Seen as “Fire Sale” Buy by BofA Amid Private Credit Focus

We recently compiled a list of the 10 Quality Value Stocks Likely to Make a Comeback According to Analysts. Ares Management Corporation is one of the best value stocks on this list.

TheFly reported on March 18 that BofA Global Research noted that the media’s focus on private credit has created attractive entry points in the alternative asset management sector. Despite attention on selective “low value” data, private credit performance and credit quality remain strong. The firm identified ARES as a prime opportunity, describing it as a “fire sale” purchase. BofA emphasized that Ares provides an ideal way to benefit from a market shift back to fundamentals, supported by the firm’s ongoing checks, which indicate continued secular growth in private credit.

Separately, on March 2, Ares Management Corporation (NYSE:ARES) announced the closing of a single-asset continuation vehicle totaling approximately $850 million for Convergint Technologies, a global provider of service-based systems integration. The transaction was led and fully underwritten by Leonard Green & Partners’ Sage Fund, with additional participation from Goldman Sachs Alternatives’ Vintage Strategies.

Alongside the continuation vehicle, an ARES Private Equity fund made a significant new investment, maintaining shared control of Convergint alongside existing partners, LGP and Harvest Partners. This transaction extends ARES’ strategic partnership with Convergint, supporting the company’s continued growth and leveraging its global network of technology centers, differentiated service offerings, and strong operational momentum across multiple markets.

Ares Management Corporation (NYSE:ARES) is a global alternative investment manager specializing in credit, private equity, real estate, and strategic initiatives, providing capital and tailored solutions to institutional and individual investors worldwide.

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