BUSINESSJun 3 · 15:22 UTCBLOOMBERGDavid Hellier

Ares Owed $547 Million After Collapse of Textor’s Eagle Football

Ares Management Corp reported a stock decline amid fears of AI disruption in alternative asset management, despite ending the fourth quarter with record assets. The firm is owed $547 million following the collapse of Textor’s Eagle Football.

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Mentioned

Ares Management CorporganizationTextor’s Eagle FootballorganizationAres Management offices in Los Angeles, California, USplaceAI disruptiontopicalternative asset managerstopic

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