Same industry

ARES against four same-industry peers, a year at 100

708090100110120Oct ’25Jan ’26AprJulOct ’26BX−33.7%KKR−29.3%BAM−22.4%APO−9.4%ARES−22.9%

ARES −22.9%. Apollo Global Management −9.4%, Brookfield Asset Management −22.4%, KKR −29.3%, Blackstone −33.7%. Weekly closes, Oct 3, 2025 = 100, log scale.

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End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in ARES’s SEC industry (Investment Advice) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

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