CONVENE HOSPITALITY GROUP SECURES $230 MILLION OF STRATEGIC GROWTH CAPITAL
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: PR Newswire
Capital to Accelerate Global Hospitality Platform ExpansionNEW YORK, March 24, 2026 /PRNewswire/ -- Convene Hospitality Group (CHG), the leading global hospitality platform at the intersection of corporate conferences, meetings and experiential events, today announced that it has secured $230 million in strategic growth capital to accelerate global expansion across its multi-brand platform. The latest funding is provided by new lender, TPG, a leading global alternative asset management firm, as well as an additional equity investment from current shareholders, including Ares funds. A portion of the capital will be deployed toward new development; technology and production capabilities; and selective acquisitions to further scale the platform.The financing comes on the heels of a new chapter for the industry pioneer as it integrates and scales a growing house of leading hospitality brands including Convene, etc.venues, NeueHouse and several special event venues, delivered by an expande
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News
- CONVENE HOSPITALITY GROUP SECURES $230 MILLION OF STRATEGIC GROWTH CAPITALPR Newswire
- Wall Street slips as Middle East uncertainty caps rally [Yahoo! Finance]Yahoo! Finance
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- Ares Management (ARES) had its price target lowered by BMO Capital Markets from $140.00 to $112.00. They now have a "market perform" rating on the stock.MarketBeat
- Ares Management: High-Yield Growth Story With Elevated Risks [Seeking Alpha]Seeking Alpha
ARES
Earnings
- 2/5/26 - Miss
ARES
Sec Filings
- 2/25/26 - Form S-3ASR
- 2/25/26 - Form 10-K
- 2/24/26 - Form 4
- ARES's page on the SEC website