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 SummarySubsidy ValueNumber of Awards
State/Local$67,466,19445
Federal (grants and allocated tax credits)$00
TOTAL$67,466,19445
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$00
TOTAL$00
Time Period for State and Local Awards: 

Earliest year of data: 1998. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2011.

Time Period for Federal Awards: 

FY2000 to the present

Notes: 

Dollar totals do not include awards for which no subsidy value is disclosed.

Associated Names: 

99 CENTS ONLY STORES; ASAP IND; BERGDORF GOODMAN; CONFLUENCE WATERSPORTS; FUTURE FOOD; GTRC Services, Inc.; GUITAR CENTER; INSIGHT GLOBAL; NEIMAN MARCUS GROUP; NEW ENGLAND CONFECTIONARY; PACIFIC HANDY CUTTER; ST JOSEPH ENERGY PARTNERS; SVC EXPERTS OF UTAH; WARNER POWER CONVERSION

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.

For an overview of political contributions associated with this company, see its Follow the Money page.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Indiana$61,900,0004
Louisiana$2,805,45714
New York$1,690,27816
Pennsylvania$828,0002
New Hampshire$111,6952
All other$130,7647

Individual Subsidy Records:

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Company Location Subsidy Source Year Subsidy Valuesort icon Loan/Bailout Value Type of Subsidy
St. Joseph Energy Partners LLC Indiana local 2015 $60,000,000 MEGADEAL
GTRC Services, Inc. Indiana state 2012 $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
Future Food Corp. Connecticut state 2012 $98,517 grant/loan hybrid program
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
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
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