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Ares Management Corporation is a global alternative investment manager operating in the credit, private equity and real estate markets. The company was founded in 1997 with additional offices across North America, Europe, and Asia.
245 Park Avenue is a 648-foot (198 m) skyscraper in Midtown Manhattan, New York City. Designed by Shreve, Lamb and Harmon, it was completed in 1967 and contains 1.7 million square feet (160,000 m 2) on 48 floors. The Building Owners and Managers Association awarded the 2000/2001 Pinnacle Award to 245 Park Avenue. [3]
In office 2007–2009: Preceded by: Bradley Belt: Succeeded by: Joshua Gotbaum: President & Chief Executive Officer of the New York City Economic Development Corporation; In office 1995–1999: Appointed by: Rudy Giuliani: Preceded by: Clay Lifflander: Succeeded by: Michael Carey: Member of the New York City Council from the 5th district; In office
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He co-founded the private equity firms Apollo Global Management in 1990, [1] and Ares Management in 1997. [2] As of May 2024, his net worth was estimated by Forbes at $11.3 billion. [ 3 ]
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