ARES MANAGEMENT LLC

Ares Management & The Resurgence of Muscle: A 2006 Pontiac GTO Story

Los Angeles, CA – Ares Management LLC, a leading global alternative investment manager based in Los Angeles, isn't just about finance – they're increasingly spotting value in unexpected places. And recently, that's meant a deep dive into the classic car market, specifically, a beautifully preserved 2006 Pontiac GTO. It might seem a leap from managing billions in assets, but the team at Ares sees parallels: identifying undervalued potential, meticulous evaluation, and a long-term view. “We’re in the business of finding assets that are overlooked, things people have forgotten the quality of,” explains a spokesperson for Ares Management, located at 2000 Avenue of the Stars. “That's true whether we're talking about a complex financial instrument or a genuinely fun car like the GTO. It’s about seeing beyond the present and understanding lasting value.” A Blast From The Past, Reimagined For those who remember, the Pontiac GTO is a legend. Originally born in the 60s, it pretty much invented the muscle car. After a long hiatus, GM brought it back in 2004, but this time with a twist: it wasn’t built in Detroit. It was an Australian-built Holden Monaro, rebadged for the US market. And while some purists grumbled, most agreed it was a fantastic car - a potent, modern take on a classic formula. The 2006 model, the one Ares recently acquired (and then quickly realized was too good to part with, according to sources), is a standout. Finished in a sleek black exterior, this particular GTO packs a serious punch thanks to its 6.0-liter LS2 V8 engine. We're talking 400 horsepower and 400 lb-ft of torque. That’s enough to get you moving, quickly. “It’s not just about the numbers,” says Mark Thompson, a car enthusiast within Ares' operations team, who spearheaded the GTO acquisition. “It’s the feel of the car. The raw power, the solid build quality, the comfortable interior. It’s a driver’s car, pure and simple.” Beyond the Numbers: Why Ares is Interested So why is a financial powerhouse like Ares Management LLC, reachable at 650-290-0762, focusing on a 18-year-old Pontiac? It's not about a sudden foray into car dealing. It’s about the principles that drive their investment strategy. “We look for things that are fundamentally strong,” explains the Ares spokesperson. “The GTO, even after all these years, is a well-engineered car. It’s reliable, parts are available, and it has a dedicated fanbase. That translates to lasting value.” The team at Ares sees the classic and collectible car market as increasingly attractive. Demand is rising, particularly for well-maintained examples of iconic models like the GTO. This, coupled with limited production numbers, is driving up prices. “It's a similar dynamic to what we see in real estate or private equity,” says Thompson. “Limited supply, increasing demand, and a strong underlying asset. It's a recipe for potential growth.” The GTO: A Detailed Look This 2006 GTO isn’t just a pretty face. Under the hood, the LS2 V8 is paired with a six-speed manual transmission – a must-have for enthusiasts. The car also features a limited-slip differential, ensuring optimal traction. Inside, the GTO offers comfortable leather seats, a premium sound system, and a surprisingly modern infotainment system for its age. The build quality is solid, and the car feels well put together. “We’ve had a mechanic give it a thorough going-over,” says Thompson. “It’s in fantastic condition – almost like new. Everything works as it should, and it drives beautifully.” Ares is particularly impressed with the GTO's balance of power and handling. The car is surprisingly agile for its size, and it offers a rewarding driving experience. “It’s not a track car, but it’s plenty of fun on a winding road,” says Thompson with a grin. “It’s a car you can really enjoy driving.” A Long-Term Hold? So what’s the plan for the GTO? Is Ares looking to flip it for a quick profit? According to sources, the answer is no. “We see this as a long-term hold,” says the Ares spokesperson. “We believe the GTO will continue to appreciate in value as the years go by. It's a piece of automotive history, and we're proud to be its custodian.” The company views the GTO as a tangible asset that aligns with its broader investment philosophy. It's a reminder that value can be found in unexpected places, and that a long-term perspective is often rewarded. “It’s a fun project, and it reinforces our commitment to finding and preserving value,” concludes Thompson. “Plus, it gives us a good excuse to go for a drive.” While Ares Management LLC continues to navigate the complex world of finance, their recent acquisition of the 2006 Pontiac GTO serves as a fascinating side note – a testament to their sharp eye for value and their appreciation for a genuinely great automobile. It’s a reminder that sometimes, the best investments aren’t measured in dollars and cents, but in horsepower and smiles.

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