Bennett Rosenthal

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Bennett Rosenthal
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Born1963 (age 57–58)
NationalityAmerican
CitizenshipUnited States
Occupation
  • Financier
  • Private equity investor
Years active1986-Present
Known forCo-founder of Ares Management Corp

Bennett Rosenthal (born 1963) is an American financier and private equity investor. He is the co-founder of Ares Management Corp. He is also co-chairman of Ares Capital Corporation.[1] He is also the Co-Managing owner of the Los Angeles Football Club (LAFC),[2] a Major League Soccer team in the U.S.

Career

Rosenthal started his career at Drexel Burnham Lambert in 1986 in the Financial Institutions Group. He left to join the merchant banking group at Merrill Lynch in 1989.[3] He co-chairs Ares Capital Corporation which went public in 2004.[4] He is co-chair of the Ares Private Equity Group and is a member of the Ares Management Board of Directors which went public in May 2014.[5] [6]

Los Angeles Football Club

Rosenthal is the Co-managing Owner of the Los Angeles Football Club, a Major League Soccer team.[2] In 2016, Rosenthal and other owners, including Larry Berg and Brandon Beck,[7] took over control from the initial managing owner Henry Nguyen.[8] The team began playing in 2018,[9] and became Major League Soccer’s most valuable franchises;[10] in 2020, the team was valued at $700 million, the most ever for a Major League Soccer Team.[11]

Rosenthal also serves as Chairman of the Board of the LAFC Foundation.[12]

He has been listed on LA500, the Los Angeles Business Journal’s list of most influential LA residents, for four consecutive years (2015-2019).[5]

References

  1. "BDC Credit Reporter". BDC Credit Reporter. Retrieved 2020-05-26.
  2. 2.0 2.1 "LAFC Ownership". LAFC.
  3. "ARCC Company Profile & Executives - Ares Capital Corp. - Wall Street Journal". www.wsj.com. Retrieved 2020-05-26.
  4. "Ares Capital IPO Raises $165 Million". Los Angeles Times. 2004-10-06. Retrieved 2020-05-26.
  5. 5.0 5.1 "BENNETT ROSENTHAL | Los Angeles Business Journal". labusinessjournal.com. Retrieved 2020-05-26.
  6. Fontevecchia, Agustino. "Ares Chief Tony Ressler A New Billionaire Worth $1.3B Despite Weak IPO". Forbes. Retrieved 2020-05-26.
  7. "Local Trio Takes Over as Managing Owners of LAFC". MLS Soccer.
  8. Rodriguez, Alicia (2016-08-09). "Big ownership changes come to LAFC". Angels on Parade. Retrieved 2020-05-26.
  9. "Apollo's Berg, Ares's Rosenthal Lead Soccer's LAFC Owner Group". Bloomberg.
  10. "LAFC, Target Ink First Sleeve Sponsorship in Major League Soccer". BloombergQuint. Retrieved 2020-05-26.
  11. "LAFC gets record-setting valuation of more than $700 million". Los Angeles Times. 2020-02-29. Retrieved 2020-05-26.
  12. "Who We Are? Community Involvement". Ares Management.

External Links

This article "Bennett Rosenthal" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.