Ares names firm veteran Peter Ogilvie as COO, head of strategy

Ares Management announced the promotion of Peter Ogilvie to Chief Operating Officer and head of strategy, recognizing the long-tenured executive's advancement within the alternative asset management firm. Ogilvie, who has been with Ares for nearly two decades, assumes dual responsibility for operational management and strategic planning—a consolidation that underscores the firm's confidence in his leadership capabilities across critical business functions.

The appointment represents a notable leadership development within Ares, one of the largest alternative investment managers globally with substantial assets under management across private equity, credit, infrastructure, and real estate strategies. By elevating Ogilvie to simultaneous control of operations and strategy, Ares is positioning him to influence both internal efficiency and forward-looking capital allocation decisions.

For institutional investors and limited partners evaluating Ares' governance structure and management continuity, the promotion signals stable executive retention and internal promotion practices. The timing and scope of the role—combining operational and strategic functions—suggest Ares may be preparing for significant organizational scaling or strategic repositioning within its multi-strategy platform.