Ares Management filed for an initial public offering on Monday.
The firm will be listed on the New York Stock Exchange under the symbol ARES, according to a US Securities and Exchange Commission S-1 filing. JPMorgan and BofA Merrill Lynch will act as lead underwriters on the IPO.
Ares’ IPO follows those of other asset managers that support private equity and debt platforms, including Kohlberg Kravis Roberts, The Carlyle Group, The Blackstone Group and Oaktree Capital Management.
