Ares Owed $547 Million After Collapse of Textor’s Eagle Football
Title: Ares Facing $547 Million Deficit Following Textor’s Eagle Football Failure
On Friday, February 6, 2026, the Ares Management headquarters in Los Angeles, California, stood as a backdrop to significant market turbulence. Despite reporting record assets for the fourth quarter, Ares Management Corp. experienced a sharp decline in its stock price on Thursday. This drop was part of a wider sell-off affecting alternative asset managers, driven by investor anxiety over potential disruptions from artificial intelligence.
Source: Bloomberg Generated at: 2026-06-03 15:22:59 UTC
