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Tony Ressler

Co-Founder & Executive Chairman

Ares Management Corporation

Los Angeles, CA, USA

Tony Ressler

Biography

Tony Ressler is Co-Founder of Ares Management and currently serves as its Executive Chairman. Since its founding in 1997, Ares has grown to become a leading global alternative asset manager with over $144 billion of assets under management, focusing on private equity, real estate, and credit. Headquartered in Los Angeles, Ares has offices across the United States, Europe, Asia, and Australia.

In addition to his role as Executive Chairman, Tony serves as Chairman of the Ares Executive Management Committee. He is also a member of the Investment Committees in the Ares Private Equity and Ares Real Estate Groups, as well as the Ares Diversity and Inclusion Council. Prior to founding Ares, Tony Co-founded Apollo Global Management in 1990 and led it to become a top alternative investment manager.

Since 2015, Tony has served as the Principal Owner and Chair of the Atlanta Hawks of the NBA. As Chairman/CEO and Controlling Owner of ATL Invesco Board, Tony led the group in its ownership role of the Atlanta Hawks, the Atlanta Hawks Foundation, the College Park Skyhawks, and the Hawks Talon GC.

Tony is very active in the non-profit sector. He is a member of the Board of Directors of Cedars-Sinai Medical Center and Co-Chair of the Los Angeles County Museum of Art (LACMA) Board of Trustees. He is also one of the founding Board members of the Painted Turtle Camp, a southern California-based organization (affiliated with Paul Newman’s Hole in the Wall Association) that provides camping opportunities for sick children and their families.

An alumnus of Georgetown University, where he also serves on the Board of Trustees, Tony earned a bachelor’s degree from Georgetown’s School of Foreign Service. He continued his education after Georgetown, earning an MBA from Columbia University.

Tony Ressler’s Newsfeed

The Root
Atlanta Hawks Owners Will Invest $40 Million to Bolster Economic Empowerment in the Black Community

“Many of these young entrepreneurs didn’t grow up with the network of Wall Street contacts, of banking contacts, of venture-capital contacts, of private-equity contacts,” said Ressler. “It doesn’t make it a lesser business, [it] makes the business less connected maybe, but not less valuable.”

The Atlanta Journal-Constitution
Hawks owner Tony Ressler named to NBA Foundation board of directors

The NBA and Players Association on Friday announced eight inaugural members of the NBA Foundation board of directors, with Hawks owner Tony Ressler included on the list.

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Tony Ressler’s Background

Ares Management Corporation
Co-Founder & Executive Chairman
1997 - Present
Los Angeles, CA, USA
Founded in 1997, Ares Management Corporation (NYSE:ARES) is one of the largest global alternative asset managers, with three complementary and market leading investment groups: credit, private equity and real estate. Ares has approximately $137 billion in assets under management as of March 31, 2019.
Atlanta Hawks Basketball Team
Chairman/CEO & Controlling Owner, ATL Investco Board
2015 - Present
Atlanta, GA, USA
The Atlanta Hawks, owned by ATL Investco, are an American professional basketball team who compete in the National Basketball Association as a member of the league's Eastern Conference Southeast Division. The team plays its home games at State Farm Arena, Atlanta, GA. ATL Investco also owns the Atlanta Hawks Foundation, the College Park Skyhawks and the Hawks Talon GC.
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Current Board Positions

NBA Foundation logo NBA Foundation logo
NBA Foundation
Board of Directors
Oct 2020 - Present
New York, NY, USA
The NBA Foundation's board of directors provides strategic direction for NBA programming and grantmaking activities and oversees the organization’s activities. It works with all 30 NBA teams to support and facilitate sustainable initiatives in team markets.
LACMA
Co-Chair, Board of Trustees
2005 - Present
Los Angeles, CA, USA
Los Angeles County Museum of Art is the largest art museum in the western U.S., with a collection of nearly 140,000 objects illuminating 6,000 years of artistic expression across the globe. Tony was named co-chair with Elaine Wynn in 2015.
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Philanthropy

The Promise Homes Company
Founding Partner & Member of the Investment Committee
2017 - Present
Atlanta, GA, USA
The Promise Homes Company was launched in May 2017 as one of the largest minority-controlled owners of institutional-quality, single-family residential rental property in the United States, with a focus on working class and middle class communities.
The Ressler Gertz Family Foundation logo The Ressler Gertz Family Foundation logo
The Ressler Gertz Family Foundation
Co-founder
1997 - Present
Los Angeles, CA, USA
The Ressler Gertz Family Foundation is focused on supporting the arts, education, and health and human services. It works to promote equality and social unity and to provide the underprivileged with the resources and opportunities to succeed and thrive.
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Media

Tony Ressler on How to Ensure a More Equitable Recovery
Interview
Oct 2020
New York, NY, USA
Ares Management Executive Chairman Tony Ressler discusses early voting, economic inequality, and The Promise Homes Company. He speaks with Bloomberg's David Westin on "Bloomberg: Balance of Power."
Hawks Owner Tony Ressler on creating polling places
Interview
Aug 2020
Atlanta Hawks Owner, Tony Ressler, joins GameTime to discuss how turning State Farm Arena into a polling place has been an example for others.
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Awards & Endorsements

Los Angeles Business Journal: LA500
Honoree, 2016-2020
2020
Los Angeles, CA, USA
The LA500 list honors the most influential leaders and executives in Los Angeles. Each year’s collection of the leading figures from the city’s business community highlights the important work they have done.

Speaking Engagements

Hope Global Forums Annual Meeting
Panel Member
Oct 2020
Tony Ressler joins musician, actor, and businessman, T.I. and Special Business Correspondent, Stephanie Ruhle on a panel titled 'How the Private Sector Can Drive Economic Empowerment. at the 2020 Hope Global Forums Annual Meeting.

Charitable Interests

The Greatest Generation Foundation
Supporter
Denver, CO, USA
The Greatest Generations Foundation is dedicated to honoring the sacrifices of veterans and ensuring that their legacies continue to live on and inspire.

Tony Ressler’s Education