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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Ares Management
Ownership Structure: publicly traded (ticker symbol ARES)
Headquartered in: California
Major Industry: private equity (including portfolio companies)
Specific Industry: private equity (including portfolio companies)
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $68,871,591 | 47 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $68,871,591 | 47 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Indiana | $63,400,000 | 5 |
| Louisiana | $2,805,457 | 14 |
| New York | $1,690,278 | 16 |
| Pennsylvania | $828,000 | 2 |
| New Hampshire | $111,695 | 2 |
| All other | $36,161 | 8 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location | Subsidy Source | Year | Subsidy Value  | Loan/Bailout Value | Type of Subsidy |
| St. Joseph Energy Partners LLC | Indiana | local | 2015 | $60,000,000 | | MEGADEAL (Archived)  |
| GTRC Services, Inc. | Indiana | state | 2012 | $1,500,000 | | tax credit/rebate |
| GTRC Services, Inc. | Indiana | state | 2019 | $1,500,000 | | tax credit/rebate |
| ASAP Industries LLC | Louisiana | state | 2012 | $635,631 | | property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 1998 | $455,954 | | tax credit/rebate; property tax abatement |
| The Neiman Marcus Group, Inc. | Pennsylvania | state | | $453,000 | | tax credit/rebate |
| Bergdorf Goodman, Inc. | New York | local | 1998 | $430,688 | | tax credit/rebate; property tax abatement |
| The Neiman Marcus Group, Inc | Pennsylvania | state | | $375,000 | | grant |
| ASAP Industries LLC | Louisiana | state | 2013 | $347,979 | | property tax abatement |
| ASAP Industries LLC | Louisiana | state | 2012 | $337,782 | | property tax abatement |
| ASAP Industries LLC | Louisiana | state | 2008 | $277,784 | | property tax abatement |
| ASAP Industries, LLC | Louisiana | state | 2016 | $262,395 | | property tax abatement |
| ASAP Industries, LLC | Louisiana | state | 2015 | $227,692 | | property tax abatement |
| Guitar Center Stores Inc. | Indiana | state | 2008 | $200,000 | | training reimbursement |
| GTRC Services, Inc. | Indiana | state | 2012 | $200,000 | | training reimbursement |
| ASAP Industries LLC | Louisiana | state | 2009 | $148,620 | | property tax abatement |
| ASAP Industries LLC | Louisiana | state | 2010 | $127,363 | | property tax abatement |
| ASAP Industries LLC | Louisiana | local | 2014 | $124,875 | | property tax abatement |
| ASAP Industries LLC | Louisiana | state | 2011 | $116,753 | | property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2011 | $97,727 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2015 | $94,630 | | tax credit/rebate |
| ASAP Industries LLC | Louisiana | state | 2012 | $92,737 | | property tax abatement |
| ASAP Industries LLC | Louisiana | local | 2014 | $82,239 | | property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2010 | $76,910 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2014 | $74,737 | | tax credit/rebate |
| Bergdorf Goodman, Inc. | New York | local | 2013 | $72,021 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2012 | $66,678 | | tax credit/rebate; property tax abatement |
| Warner Power Conversion | New Hampshire | state | 2010 | $65,100 | | training reimbursement |
| Bergdorf Goodman, Inc. | New York | local | 2006 | $57,477 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2007 | $48,694 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman | New York | local | 2004 | $48,489 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2005 | $48,127 | | tax credit/rebate; property tax abatement |
| Warner Power Conversion | New Hampshire | state | 2011 | $46,595 | | training reimbursement |
| Bergdorf Goodman | New York | local | 2003 | $45,295 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2016 | $37,362 | | tax credit/rebate |
| Bergdorf Goodman, Inc. | New York | local | 2008 | $18,106 | | tax credit/rebate; property tax abatement |
| Bergdorf Goodman, Inc. | New York | local | 2009 | $17,383 | | tax credit/rebate; property tax abatement |
| PACIFIC HANDY CUTTER, INC. | California | state | 2009 | $15,995 | | training reimbursement |
| ASAP Industries LLC | Louisiana | state | 2013 | $13,508 | | property tax abatement |
| ASAP Industries, LLC | Louisiana | state | 2015 | $10,099 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2014 | $4,686 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2016 | $4,150 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2015 | $2,995 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2017 | $2,920 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2018 | $1,957 | | property tax abatement |
| GUITAR CENTER STORES INC | Maine | state | 2019 | $1,957 | | property tax abatement |
| Service Experts of Utah | Utah | state | 2010 | $1,501 | | training reimbursement |
| THE NEIMAN-MARCUS GROUP, INC. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
| Confluence Watersports | South Carolina | state | 2010 | undisclosed | | tax credit/rebate |
| The Neiman Marcus Group | Texas | local | 2009 | undisclosed | | tax credit/rebate |
| THE NEIMAN-MARCUS GROUP, INC. | New Jersey | state | | undisclosed | | tax credit/rebate; property tax abatement |
| New England Confectionary Company | Massachusetts | state | 2003 | undisclosed | | tax credit/rebate |
| 99 Cents Only Stores | California | local | 2012 | undisclosed | | enterprise zone |
| 99 Cents Only Stores | California | local | 2012 | undisclosed | | enterprise zone |
| 99 Cents Only Stores | California | local | 2012 | undisclosed | | enterprise zone |
| INSIGHT GLOBAL INC | California | local | 2012 | undisclosed | | tax credit/rebate |
| THE NEIMAN MARCUS GROUP LLC | Texas | state | 2003 | undisclosed | | enterprise zone |
| THE NEIMAN MARCUS GROUP LLC | Texas | state | 2009 | undisclosed | | enterprise zone |
| The Neiman-Marcus Group, Inc. | Texas | state | 2013 | undisclosed | | enterprise zone |
| The Neiman Marcus Group LLC | Texas | state | 2017 | undisclosed | | enterprise zone |
| The Neiman Marcus Group LLC | Texas | local | 2022 | undisclosed | | grant |
| The Neiman Marcus Group, Inc. | Texas | local | 2016 | undisclosed | | grant |
