
Antony Ressler
Co-Founder and Executive Chairman
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- Full Name
- Antony P. Ressler (known as "Tony" Ressler)
- Title
- Co-Founder and Executive Chairman
- Firm
- Ares Management Corporation (NYSE: ARES)
- Firm Type
- Alternative asset manager — private equity, credit, and real estate (institutional funds, *not* a traditional angel/seed investor; see note below)
- Investment Stage
- Buyout, growth equity, credit, and distressed/special situations (Ares funds); *not* seed-stage
- Check Size
- Institutional fund-scale investments; Ares manages ~$500B+ in assets across its groups
- Target Company Profile
- Established and middle-market companies, distressed/undervalued assets, and platform businesses suitable for private-equity and credit strategies
- Sector Focus
- Credit, private equity, real estate, and sports/media/entertainment
- Geographic Focus
- North America (global reach through Ares' platforms)
- Location
- Los Angeles (Century City / Beverly Hills), California
Background
Antony P. Ressler was born October 12, 1960, in Washington, D.C. He earned a B.S.F.S. from Georgetown University's Walsh School of Foreign Service and an M.B.A. from Columbia University's Graduate School of Business. He began his Wall Street career at Drexel Burnham Lambert, the junk-bond powerhouse, where he rose to Senior Vice President in the high-yield bond department and ran the new-issue/syndicate desk.
After Drexel's 1990 collapse, Ressler co-founded Apollo Global Management alongside former Drexel colleagues Leon Black (his brother-in-law), Joshua Harris, and Marc Rowan, focusing on leveraged buyouts and distressed securities. In 1997 he co-founded Ares Management with John H. Kissick and Bennett Rosenthal, building it into a leading global alternative asset manager spanning credit, private equity, and real estate. Ares went public in 2014, and Ressler serves as its Executive Chairman and a member of key investment committees (Private Equity Group, Credit Group, Real Estate Group, and the Ares Sports, Media & Entertainment Investment Committee).
Ressler is also a prominent sports-team owner. In June 2015 he led an investor group that bought the NBA's Atlanta Hawks for roughly $850 million, serving as Principal Owner and Chairman; the franchise has since been valued at well over $4 billion. He also holds a minority stake in MLB's Milwaukee Brewers, having joined Mark Attanasio's ownership group in 2005. Forbes has estimated his net worth in the $10–13 billion range (roughly $12.6B in early 2025).
Outside of business, Ressler is active in philanthropy and civic life. He is a founding member and finance chair of the Painted Turtle Camp (for children with serious illnesses), co-chair of the Los Angeles County Museum of Art (LACMA) Board of Trustees, and a board member of Cedars-Sinai Medical Center and a Trustee of Georgetown University. He is married to actress Jami Gertz, with whom he has four children, and lives in Los Angeles.
Investment Thesis & Focus
- Invests through institutional Ares funds rather than personal angel/seed rounds — spanning credit, private equity, real estate, and sports/media/entertainment.
- Roots in distressed and high-yield credit (Drexel, Apollo, Ares): a value orientation toward undervalued, distressed, or complex assets that can be restructured and turned around.
- Sits on multiple Ares investment committees, giving him direct influence over private-equity control deals and credit strategies.
- Increasingly focused on sports, media, and entertainment, an area Ares has built into a dedicated investment vertical — mirroring his personal ownership of NBA and MLB franchises.
- Founder-mentality bias: he has repeatedly co-founded firms (Apollo, Ares) built around partnership and building durable platforms rather than single deals.
Notable Investments
- Apollo Global Management — Co-founded 1990; now one of the largest alternative asset managers in the world.
- Ares Management Corporation — Co-founded 1997; NYSE-listed (ARES) alternative asset manager with several hundred billion dollars in AUM.
- Atlanta Hawks (NBA) — Led the ~$850M acquisition in 2015 as Principal Owner/Chairman; franchise value later exceeded $4B. Minority partners included Grant Hill, Sara Blakely, Jesse Itzler, Steven Price, and Rick Schnall.
- Milwaukee Brewers (MLB) — Minority owner via Mark Attanasio's group since 2005.
- Ares portfolio companies (firm-level) — includes holdings such as Floor & Décor, Serta Simmons Bedding, and Insight Global.
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