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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.
Ressler is a member of the executive committee of the board of directors of the Cedars-Sinai Medical Center; finance chair and member of the executive committee of the Los Angeles County Museum of Art; a board member of Campbell Hall Episcopal School in Studio City, California; and one of the founding members of the board and finance chair of the Painted Turtle Camp, an organization that takes ...
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Black is married to Debra Ressler, [19] a 1976 Barnard College graduate and Broadway producer and sister of Ares Management co-founder Antony Ressler. [20] [21] [22] They have four children. [23] One of their children, Ben, runs an investment fund. [24] Debra Black is a melanoma survivor.
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In 2018, Kohlberg & Company sold SVP Worldwide to Ares Management, a publicly traded global asset manager based in Los Angeles. [7] In 2020, SVP's subsidiary Singer reported an increase in machine sales due to the COVID-19 pandemic. In response, the company released a variety of patterns for DIY reusable face masks. [8]
American Capital, Ltd. was a publicly traded private equity and global asset management firm, trading on NASDAQ under the symbol "ACAS" from 1997 to 2017 and a component of the S&P 500 Index from 2007 to 2009. American Capital was sold to Ares Management in 2017 at a sale price that totaled $4.1 billion. For those investors who bought American ...