Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information after posting record demand across its vanilla and opportunistic strategies in the first quarter Investor interest in credit helped push Ares’ managed assets up 27% to a total of almost $546 billion in the first quarter Ares raised just over $20 billion in the first three months of the year with more than half of that flowing to its credit group rather than plunging audiences into a digital landscape Jared Leto’s Ares – the titular character who busts out of the Grid and into reality but I always thought about him a bit like Pinocchio,” director Joachim Rønning tells Empire of Leto’s character “Ares wants to be a real boy.” As a piece of coding-turned-flesh “We talked a lot about him almost being an infant and how we wanted the audience to see the world through his eyes,” says Rønning “The little things that we take for granted And then a bigger theme for the film is what it takes — what it means — to be human The nature of Ares – and his presence in reality – isn’t the only evolution in Tron: Ares He even gets his own triangular Identity Disc in an upgrade from the typical circular accessories “It’s definitely a weapon,” Rønning teases “And it’s just a superior disc.” Don’t worry Tron purists – standard circular discs will be present too although I’m sure people are gonna freak out that it’s not round: ‘Oh no!’ But we have round discs as well,” he says Read Empire’s full Tron: Ares story in the Jaws At 50 issue, on sale Thursday 10 April. Pre-order a copy online here Tron: Ares comes to UK cinemas on 10 October Company number 01176085; Bauer Radio Limited Company number: 1394141; Registered office: Media House Peterborough PE2 6EA and H Bauer Publishing Company number: LP003328; Registered office: The Lantern H Bauer Publishing are authorised and regulated for credit broking by the FCA (Ref No: 845898) Revisit the reviews of Trent Reznor and Atticus Ross’ The Social Network and Daft Punk’s Tron Legacy It's difficult to underestimate the massive influence that Disney's 1982 cult science fiction film, TRON had on both the film industry—thanks to combining live action with what were then groundbreaking visual effects rife with computer-generated imagery—and on nerd culture at large Over the ensuing decades there has been one sequel all modeled on director Steve Lisberg's original fictional world (Spoilers for ending of TRON: Legacy below.) TRON: Legacy ended with Sam Flynn (Garrett Hedlund), son of Kevin Flynn (Jeff Bridges) from the original film, preventing the digital world from bleeding into the real world, as planned by the Grid's malevolent ruling program, Clu. He brought with him Quorra (Olivia Wilde), a naturally occurring isomorphic algorithm targeted for extinction by Clu. TRON: Ares hits theaters on October 10, 2025. Tron: Ares imagines a world where AI takes on a physical form by Wes Davis The minute-and-a-half trailer doesn’t say much about the story but shows plenty of the movie’s visuals and filled with the series’ signature light trails The trailer opens in the physical world at night slicing one in half using his light trail as a weapon The shots that follow show a massive airship hovering over the real-world city visible only by the red light strips on its outside The rest has people looking on in horror at the airship dogfights between human aircraft and fighters from the Tron digital world and what looks like a clip of Ares being given his physical body All of that is set to the music of Nine Inch Nails which is handling the soundtrack this time around It ends with a voiceover from Jeff Bridges reprising his role as Kevin Flynn and saying There’s no going back.” The movie hits theaters on October 10th A weekly newsletter by David Pierce designed to tell you everything you need to download, watch, read, listen to, and explore that fits in The Verge’s universe. It’s a day fans of the Grid have been awaiting for years. The first trailer for Tron: Ares is here, a film that has been in the works for over 15 years. That’s even before the release of 2010’s Tron: Legacy, a cult classic in the making that set up a sequel which never happened In the first trailer for Ares, it doesn’t look like the new film picks up those Legacy threads at all. Instead, we’re introduced to a new, red grid and creations from that plane of existence crossing over into the real world Here’s your first glimpse at Tron: Ares We’re not surprised the trailer doesn’t give away too much But you can certainly tell that director Joachim Rønning (Pirates of the Caribbean: Dead Men Tell No Tales Maleficent: Mistress of Evil) is aiming to bring fans of the franchise not just something new but something they’ve been dreaming about for decades: a full-on invasion of the Grid into the real world ' + scriptOptions._localizedStrings.webview_notification_text + ' " + scriptOptions._localizedStrings.redirect_overlay_title + " " + scriptOptions._localizedStrings.redirect_overlay_text + " Ares Management Corporation (ARES, Financial) announced impressive first-quarter performance highlighting significant fundraising and investment activities The company experienced over 20% annual growth in several critical financial metrics with its assets under management exceeding $500 billion CEO Michael Arougheti expressed satisfaction with the initial integration of their recent acquisition of GCP International This acquisition importantly strengthens Ares' Real Assets division CFO Jarrod Phillips emphasized the firm’s advantageous position with nearly $100 billion in assets under management yet to generate fees This reserve allows Ares to capitalize on investment opportunities in a turbulent market He also noted the company’s history of robust growth during market fluctuations attributing it to a management fee-focused asset-light business model that thrives across different market conditions Based on the consensus recommendation from 17 brokerage firms, Ares Management Corp's (ARES, Financial) average brokerage recommendation is currently 2.1 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Miami Dolphins Owner Could Sell Stake to Ares, Tsai Monday - Friday 9am-12pm / 2pm-6pm GMT + 1 All financial news and data tailored to specific country editions 20% or more year-over-year growth in many of our key financial metrics and assets under management that surpassed a half a trillion dollars,” said CEO Michael Arougheti “We are also pleased with the initial integration progress for our recently closed and highly strategic acquisition of GCP International which significantly bolsters our Real Assets business.” “With a record amount of assets under management not yet paying fees of nearly $100 billion we remain well positioned to make attractive investments in a volatile market environment,” said CFO Jarrod Phillips “We have a history of resilient growth during market dislocations as our management fee centric and asset-light business model enables us to perform well through market cycles.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Disclaimer & Disclosure Report an Issue “We reported strong first quarter results with robust fundraising and investing activities See today’s best-performing stocks on TipRanks >> Disclaimer & Disclosure Report an Issue On Saturday, Disney released the first trailer and poster for TRON: Ares the highly anticipated third installment in the groundbreaking TRON franchise TRON: Ares is a follow-up to Disney’s 1982 seminal science fiction film TRON: Ares follows a highly sophisticated Program who is sent from the digital world into the real world on a dangerous mission marking humankind’s first encounter with A.I The feature film is directed by Joachim Rønning and stars Jared Leto with Russell Allen serving as executive producer WE INDEPENDENTLY CHOOSE ALL PRODUCTS FEATURED ON OUR SITE. WE MAY RECEIVE A COMMISSION WHEN YOU CLICK ON LINKS TO THOSE PRODUCTS. YOU CAN LEARN MORE ABOUT OUR AFFILIATE POLICY IN OUR TERMS OF USE 93.00°Rate This ReleaseBuy NowShai Gilgeous-Alexander Previews “Ares” Converse SHAI 001 Ahead of NBA PlayoffsRelease Converse SHAI 001 Shai Gilgeous-Alexander is now gearing up for the NBA Playoffs with a fresh new colorway of the silhouette: the “Ares Grey.” A complete tonal departure from the buttery yellow launch pair this new edition is completely blanketed in a soft cloudy grey — a monochrome look that adds versatility to the already forward-thinking design “Ares Grey” carries a more personal touch for the Oklahoma City star offering a quieter tribute through minimalist design all of the SHAI 001’s standout design elements remain intact and low-cut collar maintain the shoe’s on-court functionality the unibody molded sole setup with Zoom Air cushioning at the forefoot and radial-patterned traction returns built to support the quick cuts and smooth pace of Shai’s game No release date has been confirmed for the Converse SHAI 001 “Ares Grey,” but with the Playoffs underway fans can expect to see Gilgeous-Alexander break them out on court imminently Stay tuned for release info as Converse looks to build on the momentum of the SHAI 001’s impactful debut For more from the Nike, Inc. empire, check out all remaining Air Jordan Releases in 2025—including the Air Jordan 4 "White Cement" retro Kodiak is a pioneering autonomous driving company developing technology to address critical challenges in the transportation industry Kodiak's single-platform automated driving system combines advanced AI-driven software with modular hardware The Kodiak Driver integrates learnings from real-world experience across commercial trucking and public sector applications to continuously improve AI models and increase reliability and efficiency in a wide range of environments Kodiak's platform is designed to enable technology integration with customers' existing operations Driver-as-a-Service solution tailored to customers' needs Kodiak was founded in 2018 by industry veteran with a vision of becoming the trusted world leader in autonomous ground transportation dedicated to commercializing driverless trucking at scale we believe Kodiak became the first company to announce delivery of a driverless trucking product to a customer Kodiak provides differentiated solutions that are demonstrated to make costs more efficient and predictable and enhance safety across the commercial trucking and public sector markets By partnering with AACT and accessing the public markets Kodiak is expected to accelerate its go-to-market strategy that aims to address an estimated $4+ trillion global opportunity "This is a remarkable milestone for the Kodiak team and reinforces our confidence in the significant value proposition we see in our differentiated driverless technology," said Burnette "We believe entering the public markets will accelerate our strategy to expand our existing partner relationships provide our technology to a broader customer base and deliver enhanced solutions across the commercial trucking and public sector industries with Kodiak's disciplined approach to capital management along with strategic and financial support from Ares we believe we are well-positioned to execute on our long-term growth plans we are thrilled to be working with Ares and AACT as we continue to drive our mission to create a safer and more efficient future for the trucking industry." "As an early-mover in autonomous trucking and first to deliver a commercial driverless product to a customer Kodiak has quickly set itself apart as an industry leader in a significant addressable market," said David Kaplan Chief Executive Officer and Co-Chairman of the Board of Directors of AACT and Co-Founder of Ares "We are excited to partner with Don and the Kodiak team as they seek to further capitalize on significant industry tailwinds and deliver value for their stakeholders." position the Company to meet the evolving and growing demands of its customers and communities," said Allyson Satin Chief Operating Officer of AACT and Partner at Ares "We look forward to lending Ares' decades of experience investing and navigating through dynamic market environments in support of Kodiak's long-term goals." The proposed business combination ascribes a pre-money equity value of $2.5 billion to Kodiak The combined company is expected to receive approximately $551 million of cash held in AACT's trust account at closing assuming no redemptions of existing AACT shares and based on trust value per share as of December 31 including affiliates of Soros Fund Management have invested or committed over $110 million to support the transaction existing Kodiak investor ARK Investments has expressed its continued support of the Company The boards of directors of both Kodiak and AACT have unanimously approved the proposed business combination which is expected to close in the second half of 2025 subject to approval by AACT and Kodiak stockholders and the satisfaction or waiver of customary closing conditions Upon the closing of the proposed business combination the combined company will be named Kodiak AI and its common stock and public warrants are expected to be listed on a national stock exchange and trade under the ticker symbols KDK and KDK WS subject to approval by the relevant exchange For a summary of the material terms of the transaction, as well as a copy of the business combination agreement and investor presentation, please see the Current Report on Form 8-K to be filed by AACT with the U.S. Securities and Exchange Commission (the "SEC") available at www.sec.gov Additional information about the proposed business combination will be described in the registration statement on Form S-4 relating to the transaction (the "Registration Statement") which AACT and Kodiak will file with the SEC Kodiak and AACT will host a joint investor presentation to discuss the proposed business combination. To listen to the webcast or a replay of the presentation, please visit the Kodiak Investor Relations website at kodiak.ai/investors Morgan Securities LLC are serving as capital markets advisors to AACT Kirkland & Ellis LLP is serving as legal advisor to AACT Ropes & Gray LLP is acting as legal advisor to the capital markets advisors Chardan and TD Cowen are acting as Financial and Capital Markets advisors to Kodiak LLP is serving as legal advisor to TD Cowen The Blueshirt Group is serving as investor relations advisors for Kodiak was founded in 2018 and has become a leader in autonomous ground transportation committed to a safer and more efficient future for all The company has developed an artificial intelligence (AI) powered technology stack purpose-built for commercial trucking and the public sector The company delivers freight daily for its customers across the southern United States using its autonomous technology Kodiak became the first known company to publicly announce delivering a driverless semi-truck to a customer Kodiak is also leveraging its commercial self-driving software to develop test and deploy autonomous capabilities for the U.S About Ares Acquisition Corporation II Ares Acquisition Corporation II (NYSE: AACT) is a special purpose acquisition company affiliated with Ares Management Corporation formed for the purpose of effecting a merger reorganization or similar business combination This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934 These include AACT's or Kodiak's or their management teams' expectations intentions or strategies regarding the future Forward-looking statements may be identiﬁed by the use of words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "potential," "budget," "may," "will," "could," "should," "continue" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters statements regarding Kodiak's and AACT's expectations with respect to future performance the addressable market for Kodiak's products Kodiak's operational and product roadmap and its ability to produce its products at a commercial level the competitive and regulatory landscape for Kodiak's products the capitalization of AACT after giving effect to the proposed business combination between AACT and Kodiak (the "proposed business combination") and expectations with respect to the future performance and the success of the combined company following the consummation of the proposed business combination (the "combined company") These statements are based on various assumptions whether or not identiﬁed in this press release and on the current expectations of Kodiak's and AACT's management and are not predictions of actual performance These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied upon by any investors as a prediction or a deﬁnitive statement of fact or probability Actual events and circumstances are difﬁcult or impossible to predict and will differ from assumptions Many actual events and circumstances are beyond the control of Kodiak and AACT These forward-looking statements are subject to a number of risks and uncertainties political and legal conditions; the inability of the parties to successfully or timely consummate the proposed business combination including the risk that any regulatory approvals are not obtained Additional information concerning these and other factors that may impact such forward-looking statements can be found in ﬁlings and potential ﬁlings by Kodiak AACT or the combined company resulting from the proposed business combination with the SEC including under the heading "Risk Factors." If any of these risks materialize or any assumptions prove incorrect actual results could differ materially from the results implied by these forward-looking statements There may be additional risks that neither Kodiak nor AACT presently know or that Kodiak and AACT currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by investors as a guarantee forward-looking statements reﬂect Kodiak's and AACT's expectations plans or forecasts of future events and views as of the date they are made Kodiak and AACT anticipate that subsequent events and developments will cause Kodiak's and AACT's assessments to change while Kodiak and AACT may elect to update these forward-looking statements at some point in the future Kodiak and AACT speciﬁcally disclaim any obligation to do so These forward-looking statements should not be relied upon as representing Kodiak's or AACT's assessments as of any date subsequent to the date they are made undue reliance should not be placed upon the forward-looking statements nor any of their respective affiliates have any obligation to update these forward-looking statements other than as required by law this press release contains certain information about the historical performance of Kodiak You should not view information related to the past performance of Kodiak as indicative of future results Certain information set forth in this press release includes estimates and targets and involves significant elements of subjective judgment and analysis No representations are made as to the accuracy of such estimates or targets or that all assumptions relating to such estimates or targets have been considered or stated or that such estimates or targets will be realized Additional Information and Where to Find It can be obtained free of charge from AACT upon written request to Ares Acquisition Corporation II or that may be accessed through the websites referenced in this press release is not incorporated by reference into Kodiak and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of AACT in connection with the proposed business combination Security holders may obtain more detailed information regarding the names affiliations and interests of certain of AACT's executive officers and directors in the solicitation by reading AACT's final prospectus related to its initial public offering filed with the SEC on April 24 which will become available after the Registration Statement has been declared effective by the SEC and other relevant materials filed with the SEC in connection with the proposed business combination when they become available Information concerning the interests of AACT's participants in the solicitation be different from those of AACT's shareholders generally will be set forth in the preliminary proxy statement/prospectus included in the Registration Statement This press release shall not constitute a solicitation of any proxy consent or approval in any jurisdiction in connection with the proposed business combination and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of AACT Kodiak or the combined company resulting from the proposed business combination nor shall there be any sale of any such securities in any state or jurisdiction in which such offer or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act This press release is restricted by law; it is not intended for distribution to any jurisdiction in where such distribution or use would be contrary to local law or regulation Kodiak Media RelationsDaniel GoffDirector of External Affairs+1 646-515-3933[email protected] Stacy MorrisPR Consultant+1 310-415-9188[email protected] Kodiak Investor RelationsLauren SloaneThe Blueshirt Group for Kodiak[email protected] Ares Media RelationsJacob Silber[email protected] Ares Investor RelationsCarl Drake and Greg Mason+1 888-818-5298[email protected] a leading autonomous technology developer focused on the trucking and defense industries a leading developer of crewed and uncrewed military ground vehicles Artificial Intelligence Computer Software Computer Software Computer & Electronics Do not sell or share my personal information: On May 5, 2025, Ares Management Corp (ARES, Financial) released its 8-K filing detailing its financial performance for the first quarter ended March 31 offers investment-related advice and strategies for capital growth through its various segments The Credit Group is the primary revenue generator managing credit strategies across the liquid and illiquid spectrum Ares Management Corp reported a GAAP net income of $47.2 million for the quarter translating to a net income per share of $0.00 This result fell short of the analyst estimate of $1.04 per share the company achieved an after-tax realized income of $381.4 million The company's fee-related earnings stood at $367.3 million reflecting robust fundraising and investing activities Ares Management Corp's performance is noteworthy due to its significant growth in assets under management The company faces challenges in maintaining growth momentum amidst market volatility but its asset-light business model positions it well to navigate these conditions Ares Management Corp's financial achievements are significant in the asset management industry where scale and diversification are critical The company's strategic acquisition of GCP International has bolstered its Real Assets business The record assets under management not yet paying fees highlight the company's potential for future revenue growth The company's income statement revealed a GAAP net income of $47.2 million while the balance sheet and cash flow statement details were not disclosed in the filing The after-tax realized income and fee-related earnings are crucial metrics for Ares Management Corp as they indicate the company's ability to generate consistent cash flows and sustain its dividend payouts Ares Management Corp declared a quarterly dividend of $1.12 per share for its Class A and non-voting common stock a dividend of $0.84375 per share was declared for its 6.75% Series B mandatory convertible preferred stock The company also offers a Dividend Reinvestment Program for its Class A common stockholders Ares Management Corp's first quarter results demonstrate its resilience and strategic growth initiatives in a challenging market environment the company's strong revenue performance and strategic acquisitions position it well for future growth The substantial assets under management not yet paying fees indicate potential for increased revenue streams reinforcing the company's long-term value proposition for investors Explore the complete 8-K earnings release (here) from Ares Management Corp for further details Jacob Phillips ML practitioners have always had a reputation for quick performant “production” code found in deployed systems While firing off a quick script and dumping results to disk feels productive in the moment the overall research community could benefit from more robust systems aimed at speeding up research iteration cycles. Adding the extra dimensions of reality (like spatial reasoning and friction) makes every step of the research process — ingestion pipelines the nature of academic paper publication rewards point-solutions: novel repositories of code aimed at achieving one novel contribution instead of building long-term development platforms. The coming wave of generalizable robot models shows a clear need for better benchmarks, safety tests, and model understanding We need to move beyond recordings and simulated environments executing expert policies and towards real-world data understanding to enable deployed robot systems ARES has a special place as a meta-tool to enable policy improvements with a special focus on curation and annotation for robotics research but hope to see the robotics community adopt modern tools in order to develop better models While there are many sources for robot data — including human videos and even the cars on the road — there are many open questions about robot data curation Curation is the process of filtering and cleaning datasets to find the right mixture of data to train the best model Robot data curation is difficult because we don’t have the right tools to do robot data understanding; for example using models to determine if a certain task was successful in a given video Providing the right tools and systems for robot data ingestion and curation could be a huge help. Training data curation is an incredibly important part of modern machine learning best practices. Researchers spend enormous amounts of dollars and FLOPs finding the right slice of training data to most effectively train their model. For example, the LLaMA project from Meta dedicates an entire team and several pages of their report to data curation manual curation – we need better tools to facilitate research for data selection. Right now, there are two primary — and extremely useful — open-core tools for robot data understanding: Foxglove and Rerun Foxglove markets itself as “visualization and observability for robotics developers,” while Rerun aims to be “the multimodal data stack.” Managed infrastructure to handle data pipelines and scalable deployment of real-world robots are excellent approaches for shortening robotics iteration cycles has excellent tools for managing robot data at the edge and has built out a ton of ingestion Another tool, Roboflow offers solutions for annotation and model training but focuses less on robotics and more on general computer vision applications modern solutions built for machine learning workflows we want ways to interact with our datasets and determine how to generate new annotations and datasets to make policy improvements ARES is an open-source (Apache 2.0) platform that aims to improve robotics models by simplifying ingestion Researchers can use it to understand the distribution of ground-truth datasets evaluate the performance of policy rollouts we turn raw robot data into structured representations helpful for robotics researchers Transforming raw data into structured representations is just the first step. We also want the ability to interactively explore our data, add more annotations, develop curated slices, and draw learnings from data distributions. To accomplish this, ARES provides a simple frontend developed in Streamlit for easy local development and deployment Researchers can use the frontend to perform structured data filtering such as selecting episodes of a certain length or highlighting specific background surfaces like wood or plastic. Users can curate slices of the dataset by selecting robot embodiments Users can also perform unstructured data filtering by exploring the latent embeddings of task instructions or episode descriptions using the interactive tool to investigate clusters Once the researcher has selected interesting groups of episodes they can dive into more in-depth representations viewing all the collected information and visualizing relevant annotations like object detections. Researchers can explore the latent space represented by task instructions or episode descriptions Use the helpful ‘summarize selection’ tool to learn more about a given cluster ARES also provides the ability to retrieve similar examples over the text space (covering task instructions and descriptions) or trajectories (robot actions and states) This provides extra help in understanding model performance as comparing policy rollouts between similar episodes helps to explain where and why a model may struggle with a given task The ARES Hero Plot displays all information about an episode from details like the data collection method to VLM predictions like “background estimate.” The Hero Plot also contains traditional annotation information like grounding box detections and segmentation masks or more modern VLM predictions like success criteria and other descriptors The Hero Plot also finds similar examples across text and state-action spaces Retrieving rollouts that have different task instructions (such as “move the mustard bottle” and “move the ketchup bottle”) but extremely similar trajectories may reveal a lack of diversity in the training environment similar tasks with extremely different trajectories may reveal unusual training environments Examining joint actions and state trajectories can also reveal out-of-distribution paths through the action or state space explaining why a robot may fail at a given task. The Robot Display is helpful for understanding the motion of a robot during an episode We display all the joint states and actions so users can find in- and out-of-distribution actions Once a researcher has selected a curated slice of their dataset we want to make useful representations for further knowledge-sharing or experimentation Users can export the dashboard as a graphical representation of their findings such as demonstrating low performance on a certain set of tasks or strong performance over a variety of background surfaces researchers can export training artifacts like pre-processed dataframes enabling the training of new robot models. Here are two case studies that give real-world examples of the ARES platform. Zawalski et al’s “Robotic Control via Embodied Chain-of-Thought Reasoning” (ECoT) is one of my favorite recent robotics papers showing how to compose annotations from purpose-built models (like detectors and LLMs) into generalized plans to post-train VLMs for greater spatial reasoning This paper is a great work of machine learning literature: simple synthetic annotations leading to large advances in robot foundation models. There’s lots to love in the released codebase but it’s also a great example of a point-solution built for a research paper as opposed to a durable robot data platform we can replace the custom Gemini LLM object with generalized ML APIs and prompt templates; we can use Docker and Modal to scale annotating models; we can deploy modern databases like MongoDB in place to dumping to disk; and we can use asynchronous parallelized processing to massively speed up any labeling runs This is not meant as a critique of the ECoT team as building out all this infrastructure for a single paper is unjustified; instead researchers should have tools like ARES to begin with. Using ARES, we reimplemented a labeling effort similar to ECoT We generated ECoT datasets in a fraction of the time at extremely low cost; creating 2,500 ECoT annotations (with grounding and segmentation annotations combined into plans with subgoals) took about 10 minutes and cost about five dollars See scripts/annotating/run_pseduo_ecot.py for more details. and not release success or failure annotations. We provided the available hard-coded information like dataset_name and left the robot embodiment and other hidden fields as null (See scripts/pi_demo_ingestion.py for more details.) This enabled us to evaluate our models on their ability to determine successful versus unsuccessful rollouts and the results of this evaluation led to the system specifications for ingesting the rest of the rollouts (See scripts/eval.py and notebooks/eval_nb.ipynb for more details.) ingesting the Pi Demos dataset lets us run the typical structured extraction pipeline providing data distributions over surfaces A simple display of the ARES frontend after ingesting the Pi Demos dataset ARES is built to address a gap for robot researchers: how to build long-term durable infrastructure to improve robotics research and improve model performance across a variety of embodiments and use cases Current generation models are extremely helpful in pseudo-labeling robotics data but we also acknowledge that model-based systems can introduce errors. We hope that future VLMs and annotating models will provide better and cheaper solutions to address these problems — and that robotics researchers and developers will adopt modern data infrastructure practices like cloud-scaling APIs and databases in order to develop stronger models If you’re interested in collaborating or contributing to ARES or just want to talk about ML infrastructure for robotics and Philipp Wu for reviewing drafts of this post and individuals building toward a more dynamic future Jacob Phillips is an Engineering Fellow on a16z's American Dynamism team The views expressed here are those of the individual AH Capital Management (“a16z”) personnel quoted and are not the views of a16z or its affiliates Certain information contained in here has been obtained from third-party sources including from portfolio companies of funds managed by a16z While taken from sources believed to be reliable a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation this content may include third-party advertisements; a16z has not reviewed such advertisements and does not endorse any advertising content contained therein Sign up to stay updated on the ideas, companies, and individuals building toward a more dynamic future. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world The package under discussion consists of a $5 billion funded term loan and a $500 million revolver, said the people, who asked not to be identified discussing confidential information. invests in stakes backed by sponsors primarily in North America and Europe the alternative asset manager said in a statement Thursday Ares Management Corporation (NYSE: ARES) announced that it has completed its acquisition of the international business of GLP Capital Partners Limited and certain of its affiliates (GCP International) Ares’ leading global alternative investment platform managed over US$525 billion in assets including more than US$115 billion in its global Real Assets business Latham & Watkins LLP represented Ares in the transaction with a deal team led by asset management M&A partners Alex Kelly and Daniel Breslin and real estate partner Michelle Kelban ~$304 Million of New Equity Capital to Support Deleveraging and Accelerate Company's Strategic Growth Initiatives a global leader in the production of precision-engineered components today announced that Ares Management funds ("Ares") have acquired a majority of the Company's common equity Form Technologies has substantially deleveraged its balance sheet and received approximately $304 million in new equity capital comprising $154 million of common equity from investors including Ares as well as $150 million of preferred equity from the D The new capital is expected to support additional investment in Form Technologies' leading operational capabilities and accelerate the Company's commercial strategy With a robust global footprint of 32 facilities across 22 countries Form Technologies has built strong commercial momentum through its ability to offer diversified casting services at scale investment casting and metal injection molding the Company has invested significantly in its proprietary processes and engineering capabilities to support product design and manufacturing with a higher level of precision for its customers Form Technologies has also implemented important enhancements to its commercial organization in that time and has accelerated the success of new customer programs increasing the Company's customer count to nearly 2,000 organizations across key end markets we have undertaken a platform-wide strategic repositioning that has solidified Form Technologies as a global leader in precision-engineered parts," said David Angell Chief Executive Officer of Form Technologies "I am very proud of the work our team has done to deliver on our operational objectives while continuing to meet our customers' needs We are excited to move forward with additional strategic support from Ares as we seek to build on our commercial momentum expand our presence in key regions and drive long-term growth." we have observed the acceleration of Form Technologies' commercial success through its differentiated solutions-based offering and engineering excellence," said Aaron Rosen Partner and Co-Head of Opportunistic Credit at Ares Management Form Technologies is well-positioned to address the growing needs of its diversified customer base across key regions and sectors We look forward to the exciting opportunities ahead as we support the team's goals for driving revenue growth and value creation." Jefferies LLC served as financial advisor and Kirkland & Ellis LLP served as legal counsel to the Company Evercore served as financial advisor and Paul Wharton & Garrison LLP served as legal counsel to Ares Form Technologies is a leading global producer of precision-engineered components with complex geometries and tight tolerances Utilizing proprietary processes and engineering expertise the company manufactures over five billion high-precision components annually With 32 manufacturing facilities across 22 countries Form Technologies provides customized solutions to meet its customers' most demanding challenges The Company has included statements in this press release that constitute "forward-looking statements." As a general matter forward looking statements are those focused on future or anticipated events or trends the Company's expectations with respect to its business including investments in its operational capabilities Such statements are intended to be identified by using words such as "believe," "expect," "intend," "estimate," "anticipate," "will," "plan" and similar expressions in connection with any discussion of future operating or financial performance Not all forward-looking statements in this press release may contain one or more of these identifying terms Several factors could cause actual results to differ materially from those contained in any forward-looking statement such as factors related to our ability to execute our strategic plans to realize benefits from our investments in our operational capabilities and to service or refinance our indebtedness Any forward-looking statements are and will be based upon the Company's then-current expectations estimates and assumptions regarding future events and are applicable only as of the dates of such statements and the Company undertakes no obligation to update them Readers are cautioned not to rely on such forward-looking statements [email protected] Jacob Silber, +1-212-301-0376Brennan O'Toole, +1-212-301-0391[email protected] a Form Technologies company and a leader in advanced metal injection molding (MIM) solutions is pleased to announce a strategic joint.. Machinery Mining & Metals Mining & Metals Your Ads Privacy ChoicesIMDb Additional Portfolio Brings Relationship to 3.7 GW of Investment in U.S 2025 /PRNewswire/ -- ENGIE North America (ENGIE) announced that it recently expanded its partnership with Ares Management Infrastructure Opportunities funds (Ares) via the addition of a new almost 1 GW portfolio ENGIE will retain a controlling share in the portfolio and will continue to operate and manage the assets The overall 0.9 GW portfolio consists of three solar projects in operation across ERCOT and MISO and one co-located battery storage project in ERCOT "The expansion of our relationship with Ares reflects the strength of ENGIE's portfolio of assets and our track record of delivering operating and financing growth in the U.S.," said Dave Carroll "The addition of another almost 1 GW of generation and storage to our existing relationship reflects the commitment both ENGIE and Ares have to meeting growing demand for power in the U.S ENGIE is a leader in the energy transition and currently has more than 11 GW of renewable production in operation or construction across the U.S ENGIE has 51 GW of renewables and storage in operation This transaction supports ENGIE's strategy of continued investment in North America by deepening its partnership with a leading infrastructure investor recycling capital to facilitate continued expansion of renewable generation to meet strong demand for power in the U.S "We are excited to be expanding our relationship with ENGIE through this latest transaction," said Steve Porto Partner in Ares' Infrastructure Opportunities strategy "We have seen first-hand the ENGIE team's strength as an operator and the growth of this partnership reflects our shared confidence in the value proposition of this diversified portfolio and opportunities ahead in the infrastructure sector." ENGIE North AmericaMichael Clingan, External Relations[email protected]832-745-6057 Ares Management Jacob Silber | Brennan O'Toole[email protected] Ares Management LLC increased its position in Runway Growth Finance Corp. (NASDAQ:RWAY - Free Report) by 44.4% in the fourth quarter according to its most recent 13F filing with the Securities and Exchange Commission (SEC) The fund owned 439,943 shares of the company's stock after acquiring an additional 135,245 shares during the period Runway Growth Finance makes up about 0.0% of Ares Management LLC's portfolio Ares Management LLC owned about 1.18% of Runway Growth Finance worth $4,822,000 at the end of the most recent reporting period A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company Jane Street Group LLC purchased a new position in shares of Runway Growth Finance in the fourth quarter worth about $1,205,000 Schonfeld Strategic Advisors LLC increased its holdings in Runway Growth Finance by 184.7% in the 4th quarter Schonfeld Strategic Advisors LLC now owns 36,728 shares of the company's stock worth $403,000 after buying an additional 23,828 shares during the period Northern Trust Corp raised its position in Runway Growth Finance by 16.2% during the 4th quarter Northern Trust Corp now owns 28,480 shares of the company's stock worth $312,000 after buying an additional 3,970 shares during the last quarter Quarry LP acquired a new stake in Runway Growth Finance during the 4th quarter valued at approximately $30,000 Aquatic Capital Management LLC purchased a new stake in shares of Runway Growth Finance in the 4th quarter valued at $487,000 Institutional investors and hedge funds own 64.61% of the company's stock Several brokerages recently issued reports on RWAY UBS Group reduced their target price on shares of Runway Growth Finance from $13.00 to $11.00 and set a "buy" rating for the company in a report on Thursday Wells Fargo & Company decreased their price objective on Runway Growth Finance from $12.00 to $10.00 and set an "overweight" rating for the company in a report on Monday dropped their target price on Runway Growth Finance from $10.50 to $9.00 and set a "neutral" rating on the stock in a report on Thursday Compass Point boosted their price target on Runway Growth Finance from $11.50 to $12.00 and gave the company a "buy" rating in a report on Tuesday Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock the stock presently has an average rating of "Moderate Buy" and an average price target of $11.08 Check Out Our Latest Stock Analysis on Runway Growth Finance RWAY stock traded up $0.13 during mid-day trading on Friday 325,044 shares of the company's stock were exchanged The company has a debt-to-equity ratio of 1.07 a current ratio of 0.36 and a quick ratio of 0.36 has a 12-month low of $8.35 and a 12-month high of $13.50 The stock's 50 day moving average is $10.06 and its 200 day moving average is $10.57 The company has a market cap of $343.97 million a price-to-earnings ratio of 8.86 and a beta of 0.61 Runway Growth Finance (NASDAQ:RWAY - Get Free Report) last announced its earnings results on Thursday The company reported $0.39 earnings per share (EPS) for the quarter missing analysts' consensus estimates of $0.42 by ($0.03) The business had revenue of $33.78 million for the quarter compared to analysts' expectations of $36.10 million Runway Growth Finance had a net margin of 27.05% and a return on equity of 12.91% research analysts expect that Runway Growth Finance Corp The business also recently announced a -- dividend March 31st were paid a dividend of $0.03 per share The ex-dividend date of this dividend was Monday Runway Growth Finance's dividend payout ratio is currently 69.11% MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on.. and Runway Growth Finance wasn't on the list While Runway Growth Finance currently has a Moderate Buy rating among analysts top-rated analysts believe these five stocks are better buys View The Five Stocks Here Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools Blackstone (NYSE: BX) has announced that Blackstone Energy Transition Partners agreed to acquire Potomac Energy Center a 774-megawatt natural gas power plant in Loudoun County Latham & Watkins LLP represents Ares in the transaction with a corporate deal team led by Houston partner Trina Chandler and New York partner Caroline Phillips Advice was also provided on finance matters by New York partner Matthew Henegar and San Diego counsel Joanna Gorska with associates Deborah Ogali and Bradford Taylor; on corporate capital markets by New York partner Yvette Valdez with associate Naffie Lamin; on tax matters by Houston partners Bryant Lee and Christine Mainguy; on regulatory matters by Washington partners Natasha Gianvecchio and Tyler Brown; on real property by San Diego partner Robert Frances; on benefits matters by Washington partner Adam Kestenbaum and Houston counsel Krisa Benskin; on intellectual property matters by Washington counsel Kieran Dickinson; on environmental matters by Los Angeles/Houston partner Joshua Marnitz with associate Phil Goldberg; on trade controls matters by Washington counsel Andrew Galdes; on HSR matters by Washington partner Jason Cruise; on FCC matters by Washington partner Elizabeth Park; on data privacy matters by Houston counsel Robert Brown; and on CFIUS matters by Washington a leading provider of AI-powered autonomous vehicle technology and Ares Acquisition Corporation II (NYSE: AACT) (AACT) a publicly traded special purpose acquisition company announced they have entered into a definitive business combination agreement through which Kodiak will become a publicly listed company AACT is an affiliate of Ares Management Corporation (NYSE: ARES) Latham & Watkins LLP represents Lincoln International LLC financial advisor to the special committee of the board of directors of AACT in the transaction with a corporate team led by Century City partner Steven Stokdyk Orrick advised ENGIE North America (ENGIE) on expanding its partnership with Ares Management Infrastructure Opportunities funds (Ares) through the addition of nearly 1 GW of solar and storage assets in the U.S ENGIE will maintain a controlling share in the portfolio and continue to operate and manage the assets ENGIE North America is part of the ENGIE Group ENGIE is committed to accelerating the transition towards a carbon-neutral economy investing more than $10 billion annually to advance the energy transition and achieve its net zero carbon goal by 2045 The transaction supports ENGIE’s strategy of continued investment in North America by deepening its partnership with a leading infrastructure investor and facilitating the expansion of renewable energy generation “The expansion of our relationship with Ares reflects the strength of ENGIE’s portfolio of assets and our track record of delivering operating and financing growth in the U.S.,” said Dave Carroll “The addition of another almost 1 GW of generation and storage to our existing relationship reflects the commitment both ENGIE and Ares have to meeting growing demand for power in the U.S and continuing to deploy clean energy.” He represents investors and developers in a broad range of transactions private equity investments and other commercial transactions involving the development marketing and other energy-related projects and businesses Brad is recognized as Band 1 for Chambers Global and Chambers USA for Projects: Power & Renewables: Transactional where clients describe him as having "seen a lot of deals and is good at explaining complicated issues." secret or otherwise sensitive information concerning any potential or actual legal matter in this e-mail message Unsolicited e-mails do not create an attorney-client relationship and confidential or secret information included in such e-mails cannot be protected from disclosure Orrick does not have a duty or a legal obligation to keep confidential any information that you provide to us please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so you understand and agree that Orrick will have no duty to keep confidential any information you provide 2025 /PRNewswire/ -- Omni Bridgeway (ASX: OBL) and funds managed by Ares Management Corporation (NYSE: ARES) have completed a strategic transaction establishing a continuation fund (Omni Bridgeway Fund 9) Omni Bridgeway Fund 9 purchased Omni Bridgeway's co-investment interest across a diversified global portfolio of more than 150 legal assets Ares has acquired a 70% interest in Omni Bridgeway Fund 9 for a total cash investment of approximately A$320m resulting in a day-1 cash multiple on invested capital exceeding 3x for Omni Bridgeway This is the first continuation fund and one of the largest secondary markets transactions in both scope and size in the legal finance industry Proceeds from the transaction have been used to fully deleverage Omni Bridgeway's balance sheet while delivering significant added working capital In addition to the investment in Omni Bridgeway Fund 9 Ares has taken an equity interest through warrants in Omni Bridgeway as an ASX listed global fund manager for legal assets In the current volatile capital markets environment the transaction highlights the increasing interest of institutional investors in legal assets given their attractive asymmetrical and uncorrelated return profile The selection by Ares of Omni Bridgeway in this transaction and long-term track record of Omni Bridgeway's portfolio and fund management platform for this specialized asset class The transaction involved extensive due diligence by Ares and its legal and financial advisors on Omni Bridgeway's asset management operations and the resulting fair value for a significant part of the legal assets in its portfolio The external market validation of its fair value framework and portfolio for legal assets was a core strategic objective for Omni Bridgeway "We are pleased to support Omni Bridgeway with this substantial transaction which underscores Ares' ability to deliver bespoke capital solutions at scale," said Jan-Paul Kobarg "We look forward to working with Raymond and the Omni Bridgeway team as they build on their leadership in an asset class which we believe will be increasingly targeted by institutional investors due to its attractive "We are proud to lead the field again with this innovative transaction and we welcome Ares to our portfolio of blue-chip fund capital providers," said Raymond van Hulst "It is the first continuation fund for legal assets and is highly significant in its scope and size as a secondary market transaction It also showcases the value of Omni Bridgeway's institutional-grade asset management platform It demonstrates that deep pools of institutional secondary capital are available to increase liquidity and mitigate duration risk for good quality and well managed portfolios of legal assets Our fund investors and shareholders will benefit from the increased liquidity allowing us to reinvest in new investment-stage funds series that further diversify and grow our portfolio." Additional details on the structure and terms of the transaction can be found here Anna Bernardis | Director, Marketing and Business Development – Americas | +1 212 488 5331 | abernarids@omnibridgeway.com View original content to download multimedia:https://www.prnewswire.com/news-releases/omni-bridgeway-and-ares-management-complete-landmark-secondary-market-transaction-for-legal-assets-valued-at-a320-million-302429028.html We’d like to share more about how we work and what drives our day-to-day business How we use your information depends on the product and service that you use and your relationship with us To learn more about how we handle and protect your data, visit our privacy center Read our editorial policy to learn more about our process Connecting decision makers to a dynamic network of information closed a deal to acquire a 70% interest in an Omni Bridgeway litigation finance fund for a total investment of around A$320 million ($204 million) The deal is one of the largest secondary market transactions in the litigation funding industry It marks $525 billion alternative investment manager Ares’ first litigation finance investment from its Asian special situation strategy The transaction establishes Omni Bridgeway Continuation Fund 9 which purchased co-investment interests across a portfolio of more than 150 legal assets—or cases backed by the fund—originated and managed by Omni Bridgeway Ares paid more than three times the amount that Omni Bridgeway put into the cases “It shows that if you have a good portfolio of legal assets that’s truly diversified then there are very deep pools of capital available that are willing to invest in that portfolio,” Omni Bridgeway CEO Raymond van Hulst said in an interview Van Hulst said it’s also the industry’s first continuation fund a vehicle that allows a sponsor to continue to own an asset and offer liquidity to investors and access to others Omni Bridgeway has approximately A$3.5 billion in cumulative capital raised across 11 funds and has been listed on the Australian Stock Exchange since 2001 The new fund’s assets are largely composed of single cases from Omni Bridgeway’s earlier funds and do not include law firm or corporate portfolios The cases cover all the areas of law that Omni Bridgeway tends to invest in the Middle East and Africa and range form 2018 to 2024 said the company was interested in a portfolio but the transaction needed to be large we need sizable deals to justify the bandwidth the money we invest into a transaction,” he said “There are not a lot of comparables around That’s where Omni Bridgeway stood out for us.” The deal’s announcement in December prompted questions about whether Ares planned to start directly funding cases “When you have this approach that we took here you really don’t want to take single case risk You want a diversified portfolio and there are not a lot of firms around that have the scale and breadth of a portfolio available that Omni Bridgeway was able to offer us at the time.” Ares and Omni Bridgway began discussing the deal in the first few months of 2024 Ares began a six month due diligence process with the help of lawyers from UK firm Clifford Chance Ares analyzed the financial outcomes of more than 400 completed Omni Bridgeway cases It also looked at Omni Bridgeway’s valuations for the portfolio and assessed the company overall The diligence was also important to the funder Van Hulst changed the company’s valuation system when he took over in 2022 Investors then wanted to see how Omni Bridgeway’s valuations funds compares to those performed by an independent Omni Bridgeway had been financing a part of its growth through a corporate debt facility “My firm belief is—having been in this industry for 25 years now—that this is a fantastic asset class but you don’t want to finance this with debt,” he said “You want a capital structure that’s matching the risks and the profile of the assets.” Litigation finance gives Ares access to high-return deals that Kobarg said are unrelated to what’s happening in the market The returns are based solely on the outcome of the cases in which funders invest “One thing that stands out and that is rare these days is you have truly uncorrelated risk here,” he said “That risk does not move up and down depending on how the markets move.” Litigation finance is an attractive asset as a US-led tariff war brings turbulence to markets Breach of contract suits are likely to rise as tariffs are ratcheted up sparking more demand for outside funding in those cases “Those are the kind of swings that typically drive disputes,” he said To contact the reporter on this story: Emily R. Siegel at esiegel@bloombergindustry.com To contact the editors responsible for this story: Chris Opfer at copfer@bloombergindustry.com; John Hughes at jhughes@bloombergindustry.com; Alessandra Rafferty at arafferty@bloombergindustry.com workflow tools and premium legal & business news Log in to keep reading or access research tools Latham & Watkins has advised Ares Management Corporation’s Alternative Credit funds (Ares) on its strategic collaboration with ABN AMRO one of the largest banks in the Netherlands The portfolio in which Ares will participate consists of high quality senior secured infrastructure loans originated across Europe by ABN AMRO ABN AMRO will optimize its capital allocation and balance sheet usage The Latham team was led by London finance partner Tom Cochran with corporate partners Quentin Gwyer and Calvin Ng and tax partner Karl Mah Ares Management LLC increased its position in shares of Hercules Capital, Inc. (NYSE:HTGC - Free Report) by 14.3% during the 4th quarter according to the company in its most recent 13F filing with the Securities and Exchange Commission The fund owned 226,606 shares of the financial services provider's stock after acquiring an additional 28,300 shares during the quarter Hercules Capital makes up about 0.0% of Ares Management LLC's portfolio Ares Management LLC owned approximately 0.14% of Hercules Capital worth $4,553,000 at the end of the most recent reporting period Several other hedge funds and other institutional investors have also recently bought and sold shares of the company Avior Wealth Management LLC increased its position in shares of Hercules Capital by 177.2% during the 4th quarter Avior Wealth Management LLC now owns 1,802 shares of the financial services provider's stock worth $36,000 after purchasing an additional 1,152 shares during the last quarter Estabrook Capital Management boosted its stake in Hercules Capital by 239.0% during the fourth quarter Estabrook Capital Management now owns 1,878 shares of the financial services provider's stock worth $38,000 after buying an additional 1,324 shares during the period Archer Investment Corp increased its position in shares of Hercules Capital by 345.4% during the fourth quarter Archer Investment Corp now owns 2,325 shares of the financial services provider's stock valued at $47,000 after acquiring an additional 1,803 shares during the last quarter Quarry LP purchased a new stake in shares of Hercules Capital in the 4th quarter valued at approximately $48,000 Jones Financial Companies Lllp lifted its holdings in shares of Hercules Capital by 199.6% in the 4th quarter Jones Financial Companies Lllp now owns 4,042 shares of the financial services provider's stock worth $81,000 after acquiring an additional 2,693 shares during the last quarter 19.69% of the stock is currently owned by institutional investors and hedge funds HTGC stock traded down $0.16 during mid-day trading on Friday The company had a trading volume of 1,788,438 shares compared to its average volume of 1,066,623 The firm has a fifty day simple moving average of $18.35 and a 200 day simple moving average of $19.43 The company has a debt-to-equity ratio of 0.89 a quick ratio of 2.72 and a current ratio of 2.72 The company has a market capitalization of $3.10 billion a price-to-earnings ratio of 10.96 and a beta of 0.97 has a fifty-two week low of $15.65 and a fifty-two week high of $22.04 Hercules Capital (NYSE:HTGC - Get Free Report) last released its earnings results on Thursday The financial services provider reported $0.45 earnings per share for the quarter missing analysts' consensus estimates of $0.46 by ($0.01) Hercules Capital had a return on equity of 17.19% and a net margin of 53.28% The firm had revenue of $102.10 million for the quarter compared to analysts' expectations of $125.43 million During the same quarter in the previous year the company posted $0.50 earnings per share The firm's quarterly revenue was down 1.6% on a year-over-year basis will post 1.96 earnings per share for the current fiscal year The company also recently disclosed a quarterly dividend May 13th will be given a dividend of $0.40 per share This represents a $1.60 annualized dividend and a dividend yield of 9.07% Hercules Capital's dividend payout ratio (DPR) is currently 120.30% HTGC has been the topic of a number of research analyst reports Bruyette & Woods cut their target price on Hercules Capital from $21.50 to $20.50 and set an "outperform" rating on the stock in a research report on Tuesday JMP Securities reiterated a "market outperform" rating and issued a $22.00 price objective on shares of Hercules Capital in a report on Friday Compass Point raised their target price on Hercules Capital from $18.25 to $20.00 and gave the company a "neutral" rating in a report on Wednesday UBS Group cut their price target on shares of Hercules Capital from $20.00 to $18.00 and set a "neutral" rating on the stock in a research note on Thursday Wells Fargo & Company lowered their price objective on shares of Hercules Capital from $21.00 to $19.00 and set an "overweight" rating for the company in a research note on Monday Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company Hercules Capital presently has an average rating of "Moderate Buy" and an average target price of $19.92 View Our Latest Stock Analysis on Hercules Capital While Hercules Capital currently has a Moderate Buy rating among analysts and CFO were all selling shares of their stock MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning Complete the form below to see which companies made the list Engie North America announced today an expansion of its partnership with alterative asset management Ares Management with an investment in a 0.9 GW portfolio of U.S.-based solar and storage assets Engie said that it will retain a controlling share in the portfolio and continue to operate and manage the assets The transaction follows the launch of the partnership between Engie and Ares in September 2024 with Engie selling down a stake in a 2.7 GW portfolio of solar wind and battery storage assets to Ares Management Infrastructure Opportunities funds in the U.S The new announcement expands the investment to 3.7 GW of U.S the transaction supports its strategy to recycle capital to facilitate continued expansion of renewable generation to meet strong demand for power in the U.S by deepening its partnership with a leading infrastructure investor “The expansion of our relationship with Ares reflects the strength of ENGIE’s portfolio of assets and our track record of delivering The addition of another almost 1 GW of generation and storage to our existing relationship reflects the commitment both ENGIE and Ares have to meeting growing demand for power in the U.S The new transaction consists of three solar projects in operation across ERCOT and MISO as well as a co-located battery storage project in ERCOT Partner in Ares’ Infrastructure Opportunities strategy “We are excited to be expanding our relationship with ENGIE through this latest transaction We have seen first-hand the ENGIE team’s strength as an operator and the growth of this partnership reflects our shared confidence in the value proposition of this diversified portfolio and opportunities ahead in the infrastructure sector.” Join our mailing list for the latest breaking ESG investment news We use cookies to enhance your browsing experience We use cookies to help you navigate efficiently and perform certain functions You will find detailed information about all cookies under each consent category below The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site We also use third-party cookies that help us analyse how you use this website and 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based on the pages you visited previously and to analyse the effectiveness of the ad campaigns Join the ESG Today daily newsletter and get all the top ESG stories the Miami Dolphins and Chairman of the Board Stephen M Ross have announced a strategic investment by Ares Management funds (Ares) and Brooklyn Nets owners Joe Tsai and Oliver Weisberg the transaction includes iconic assets such as Hard Rock Stadium and the Formula 1 Crypto.com Miami Grand Prix with the investment fueling continued growth across Ross' diverse South Florida-based sports and entertainment portfolio while Tsai and Weisberg together will hold a 3% interest non-controlling interest sale was approved by the NFL at the league meeting on Wednesday a South Florida native who acquired the Miami Dolphins in 2009 has spent 15 years investing in and revolutionizing South Florida's sports and entertainment landscape He has spearheaded and privately financed more than $1 billion of sweeping modernization efforts in the region elevating Hard Rock Stadium into a premier global sports and entertainment destination These upgrades have secured the stadium's role as a host for marquee events that have generated billions in economic impact for South Florida the 2026 FIFA World Cup and high-profile concerts like Taylor Swift's Eras Tour "As we continue our relentless pursuit of building a best-in-class organization we were fortunate to attract significant interest from multiple investors which gave us the opportunity to be highly selective in choosing partners who align with our core values and long-term vision," said Stephen Ross They each bring invaluable expertise to the table we will prioritize continued investment into the Dolphins additional sports assets and South Florida real estate to fuel dynamic growth and innovation in the region for years to come." a leading global alternative investment manager with $464 billion in assets under management brings extensive experience investing in sports This transaction marks Ares' entry into NFL ownership expanding an existing portfolio that includes professional sports team investments in Inter Miami CF "The Miami Dolphins represent an iconic franchise with a deeply engaged fanbase and Ares is honored to invest alongside Joe and Ollie to support the team's long-term strategic goals," said Mark Affolter and Jim Miller Steve has been the architect of an impressive ecosystem of sports entertainment and real estate assets that underscores the sector's significant potential for growth and value creation to the benefit of fans local communities and financial stakeholders We look forward to working with Steve to continue unlocking new and exciting opportunities ahead." "I am privileged to have the opportunity to invest with Miami Dolphins owner Steve Ross "He has an incredible collection of premier assets – the iconic Miami Dolphins franchise state-of-the-art venue in Hard Rock Stadium and a fantastic events business of global sports brands such as F1 Miami Grand Prix and the Miami Open." will continue in his role as vice chairman and partner BDT & MSD Partners served as principal advisor on the investment Rosen & Katz served as legal counsel to Ross and the Dolphins The transaction is expected to close in the coming days the Miami Dolphins and South Florida Motorsports (SFM) announced an expanded partnership with Verizon The Miami Dolphins announced today that they have signed linebacker Willie Gay Jr The Miami Dolphins announced today that they have re-signed defensive tackle Benito Jones The Miami Dolphins announced today that they have signed cornerback Artie Burns as an unrestricted free agent The Miami Dolphins announced today that they have signed tight end Pharaoh Brown as an unrestricted free agent The Miami Dolphins announced today that they have signed punter Ryan Stonehouse The Miami Dolphins announced today that they have signed quarterback Zach Wilson as an unrestricted free agent The Miami Dolphins announced today that they have signed linebacker K.J The Miami Dolphins announced today that they have signed running back Alexander Mattison as an unrestricted free agent The Miami Dolphins announced today that they have re-signed offensive lineman Liam Eichenberg The Miami Dolphins announced today that they have re-signed linebacker Tyrel Dodson The Miami Dolphins announced today that they have signed safety Ifeatu Melifonwu as an unrestricted free agent