#2146

Michael Arougheti

United States 53 years old Self-Made

Overview

Source of Wealth
Finance
Residence
Nyack, New York
Education
Yale University (Bachelor of Arts)
Marital Status
Married

Assets

  • Ares Capital Corporation
    2,017,000 shares @ -
    -
    ARCC-US
  • Ares Management LP
    6,826,596 shares @ -
    -
    ARES-US

Biography

Michael Arougheti is the cofounder and CEO of credit-oriented alternative investment firm Ares Management, which manages $596 billion in assets.

Arougheti arrived at Ares in 2004 to help create and grow its private credit business and took over as CEO from cofounder Antony Ressler in 2018.

Ares' largest business is its direct lending segment, which makes loans to private middle-market companies in the U.S. and Europe.

The firm also has funds in several other asset classes, including private equity, real estate and infrastructure.

Arougheti graduated from Yale and worked at Kidder, Peabody & Co., Indosuez Capital and Royal Bank of Canada before joining Ares.