# Michael Arougheti

> Michael J Arougheti is the co-founder, CEO and a director of Ares Management. He joined Ares in 2004 to help build its private credit business and became CEO in January 2018. A Yale graduate raised in New City, New York, by two educators, he previously worked at Kidder, Peabody, Indosuez Capital and RBC Capital Partners. He is also a Baltimore Orioles co-owner alongside long-standing business partners Michael Smith and Mitchell Goldstein in the ownership group led by David Rubenstein.

- **Role:** Co-Founder, Chief Executive Officer and Director at Ares Management Corporation
- **Organizations:** Ares Management Corporation, Ares Capital Corporation, Ares Charitable Foundation, Baltimore Orioles, Charm City Sports Partners LLC, Operation HOPE
- **Nationality:** American
- **Education:** B.A. in Ethics, Politics and Economics, cum laude, Yale University
- **Known for:** Helped build Ares’ private credit business after joining in 2004., Appointed CEO of Ares Management effective January 1, 2018., Leads a firm that reported over $671 billion in assets under management at June 30, 2026.

## Career timeline

- **1993** — Graduated from Yale; began his finance career in the Mergers and Acquisitions Group at Kidder, Peabody.
- **1994** — Joined Indosuez Capital; subsequently became a principal and investment committee member.
- **2001** — Joined RBC in October; became managing partner of the Principal Finance Group at RBC Capital Partners.
- **2004** — Joined Ares and helped establish its private credit platform; Ares Capital Corporation completed its IPO.
- **2013-2014** — Served as CEO of Ares Capital Corporation from May 2013 through July 2014.
- **2014** — Ares Management completed its IPO.
- **2018** — Became CEO of Ares Management effective January 1.
- **2024** — Joined the Baltimore Orioles ownership group led by David Rubenstein, alongside Michael Smith and Mitchell Goldstein.

## Achievements

- Helped build Ares’ private credit business after joining in 2004.
- Appointed CEO of Ares Management effective January 1, 2018.
- Leads a firm that reported over $671 billion in assets under management at June 30, 2026.
- Became a co-owner of the Baltimore Orioles in 2024.
- Co-donated Jean-Michel Basquiat’s Famous Negro Athletes to Yale University Art Gallery with Nelly Bly.

## Latest updates

- **2026-07** — Ares reported second-quarter results on July 31: over $671 billion in AUM as of June 30, more than $36 billion of quarterly inflows and $170 billion in dry powder.
- **2026-01** — Published “What’s in a Name? Private Credit Is Just Credit” on LinkedIn on January 20, defending private credit’s role alongside bank lending.
- **2026-01** — Participated in a January 6 Economic Club of Washington panel with Orioles leadership.
- **2025-09** — Discussed institutional investment in professional sports at Bloomberg Power Players at the opening of the NFL season.

## Links

- Website: https://www.ares.com/us/who-we-are/our-people/michael-arougheti
- LinkedIn: https://www.linkedin.com/in/michael-arougheti

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Profile page: https://yespress.io/michael-arougheti
Published by YesPress — https://yespress.io
Last updated: 2026-10-22