Michael Arougheti is co-founder, chief executive officer and president, as well as a director of Ares Management Corp. He is a member of the Ares Executive Management Committee and the firm's Management Committee. He additionally serves as co-chairman of ARCC and as a director of ACRE. Arougheti also is a member of the Ares Credit Group's U.S. Direct Lending Investment Committee, the Ares Equity Income Opportunity Strategy Portfolio Review Committee and the Ares Operations Management Group.
Prior to joining Ares in 2004, Arougheti was employed by Royal Bank of Canada from 2001 to 2004, where he was a managing partner of the Principal Finance Group of RBC Capital Partners and a member of the firm's Mezzanine Investment Committee.
Arougheti oversaw an investment team that originated, managed and monitored a diverse portfolio of middle-market leveraged loans, senior and junior subordinated debt, preferred equity and common stock and warrants on behalf of RBC and other third-party institutional investors.
Arougheti joined Royal Bank of Canada in October 2001 from Indosuez Capital, where he was a principal and an Investment Committee member, responsible for originating, structuring and executing leveraged transactions across a broad range of products and asset classes. Prior to joining Indosuez in 1994, Arougheti worked at Kidder, Peabody & Co., where he was a member of the firm's Mergers and Acquisitions Group.
Arougheti also serves on the board of directors of Operation HOPE, a not-for-profit organization focused on expanding economic opportunity in underserved communities through economic education and empowerment. Arougheti received a BA in ethics, politics and economics, cum laude, from Yale University.