Skip to main content
← All exclusions

Ares Management

ARES

Financials

2

exclusion reasons

2 themes

Animal Welfare (1) Corporate Misconduct (1)
ARES Financials Current as of March 2026

Ares Management is screened out under 2 exclusion reasons spanning 2 issue categories.

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. It is a statement of values.

Animal Exploitation
Since Mar 12, 2026

Ares Management is a global alternative investment manager whose portfolio includes companies engaged in commercial animal exploitation. The firm’s holdings span industries such as factory farming, animal testing, and other large-scale operations that commodify animals. This exclusion is based on a flag from Cruelty Free Investors; specific portfolio companies and revenue materiality require further evidence gathering to detail the scale and nature of the exposure.

Financial Misconduct
Since Nov 15, 2021

Ares Management is excluded under financial misconduct for predatory financial practices that harm consumers, investors, or beneficiaries. This includes documented patterns of deceptive fee structures, investor fraud, market manipulation, or financial products designed to extract value from unsophisticated counterparties.

No specific evidence has been gathered for this record. The exclusion is based on a prior assessment that requires current verification. A full review of recent enforcement actions, litigation, or regulatory findings is needed to detail the specific conduct.

Source:
ECIC
Research Sources 2 organizations
Cruelty Free Investors
External
Ethical Capital
Internal

Wondering what we do invest in?

The Naughty List

A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.

RSS feed No spam · Unsubscribe anytime

Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.