Contents (14 sections)SummaryCorporate performance, Q1 and Q2 2026Fund launches and fundraising pipelineRedemptions, wealth-channel stress testPerformance of the gated fundPrivate credit performance,  absolute and relativeARCC in absolute termsRelative to peersSports strategy and commentaryFootball exposure in contextEagle Football Chelsea / BlueCo / 22 Holdco, the larger, untested positionConclusionsCaveats and data limitationsState of the Platform, H1 2026: Fundraising, Redemptions, … Continue reading The Analysis Series: Ares Management Corporation, corporate update and sports exposure