2024 Real Estate, Industrial Summer Analyst - Bellevue, WA

Ares Management

Ares Management

IT
Bellevue, WA, USA
Posted 6+ months ago

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares Summer Analyst Program

Real Estate Industrial:

As a summer analyst, you will learn about our specializations, build valuable skillsets, and cultivate exceptional relationships.

Ares Overview

Ares Management Corporation (“Ares” or the “Firm”) is a publicly traded, leading global alternative asset manager with approximately $378 billion of assets under management ("AUM") and approximately 2,600 employees. We seek to deliver attractive performance to our investor base across our investment groups and strategies, including credit, private equity, real estate and strategic initiatives. The firm is headquartered in Los Angeles with offices across the United States, Europe, Asia and Australia. Its common shares are traded on the New York Stock Exchange under the ticker symbol "ARES".

Ares believes each of its investment groups is a market leader based on assets under management and investment performance. Our three distinct but complementary investment groups have the ability to invest across a company’s capital structure—from senior debt to common equity. The Firm was built upon the fundamental principle that each group benefits from being part of the broader platform. We believe the synergies from this multi-asset strategy provide our professionals with insights into industry trends, access to significant deal flow and the ability to assess relative value.

Since our inception in 1997, we have adhered to a disciplined investment philosophy that focuses on delivering compelling risk-adjusted investment returns throughout market cycles. We strive to maintain a consistent credit-based approach in targeting well-structured investments in high quality businesses and real estate assets. We believe our growth in becoming one of the largest alternative asset managers is a testament to our experienced management team, focus on performance and high-quality investor base, which includes large pension funds, university endowments, sovereign wealth funds, banks and insurance companies.

About Real Estate

Ares Management Corporation's ("Ares") Real Estate Group manages comprehensive public and private, equity and debt strategies, with approximately $49.2 billion of assets under management ("AUM") as of June 30, 2023. Backed by a vertically integrated platform, demonstrated track record, tenured team, thematic investment approach, access to proprietary deal flow, and synergies with the broader Ares platform, we are able to identify and execute on attractive opportunities with compelling risk-reward profiles. We maintain a time-tested and consistent approach across our equity and debt strategies focusing on major property types and adjacent sectors that have value creation opportunities, located in liquid markets with diversified economies.

Why work with us?

Like our real estate, we invest time in our employees and retaining homegrown talent. Our internship experience seeks to enrich your knowledge of our businesses and the industry at large. You will be challenged to explore, grow, and cultivate the skills necessary to succeed and make your way.

Summer Analyst Roles & Responsibilities

Ares is seeking a Summer Analyst for our Industrial Acquisitions department, within the Real Estate group. The position will expose the intern to the daily responsibilities of an Industrial analyst, which includes:

  • Assistance in preparing Investment Memos and making investment decisions
  • Providing financial analysis, research & due diligence support
  • Understanding the industrial market and underwriting strategies, furthermore, utilizing those materials to effectively come to investment conclusions
  • Ad hoc analysis as requested by limited partners
  • Summer capstone project curated between intern and manager and presented to the broader real estate investment team

The position also includes exposure to various functions with the Real Estate department.

WHO WE ARE LOOKING FOR

We are looking for self-motivated, astute individuals with a passion for and interest in investments. In addition to strong analytical skills and comfort in a fast-paced team environment, successful candidates should have:

  • A passion for contributing to and operating within a collaborative corporate culture
  • Superior oral and written communication skills
  • Microsoft Excel skills
  • Exceptional attention to detail and proven ability to multi-task
  • Initiative and a strong entrepreneurial mindset
  • Independent thinkers with the ability to research solutions and be a problem solver

Additionally:

  • Are currently enrolled as an undergraduate student, ideally majoring in Finance or Economics
  • Have an anticipated graduation date between December 2024 and August 2025
  • Have a track record of academic excellence and participation in campus activities
  • Have strong intellect with solid quantitative, financial and analytical skills

Location: Bellevue, WA

Duration: 10 weeks

Compensation: Paid Internship - the total base salary (subject to change) is expected to be $110,000 (prorated over 10 weeks)

Accommodations: Relocation stipend

Reporting Relationships

Compensation

The anticipated rate for this position is listed below.

Ares provides interns with paid holidays in accordance with the firm’s holiday calendar.