Bennett Rosenthal
Bennett Rosenthal (born 1963) is an American financier and private equity investor. He is the co-founder of Ares Management Corp and co-chairman of the Ares Private Equity Group. 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[edit]
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] where he served as a Managing Director in the Global Leveraged Finance Group[4] until co-founding Ares Management. He co-chairs Ares Capital Corporation which went public in 2004.[5] 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.[6] [7]
Los Angeles Football Club[edit]
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,[8] took over control from the initial managing owner Henry Nguyen. [9] The team began playing in 2018,[10] and [1] became Major League Soccer’s most valuable franchises;[11] in 2020, the team was valued at $700 million, the most ever for a Major League Soccer Team.[12]
Rosenthal also serves as Chairman of the Board of the LAFC Foundation.[13]
He has been listed on LA500, the Los Angeles Business Journal’s list of most influential LA residents, for four consecutive years (2015-2019).[6]
References[edit]
- ↑ "BDC Credit Reporter". BDC Credit Reporter. Retrieved 2020-05-26.
- ↑ 2.0 2.1 "LAFC Ownership". LAFC. Unknown parameter
|url-status=ignored (help) - ↑ "ARCC Company Profile & Executives - Ares Capital Corp. - Wall Street Journal". www.wsj.com. Retrieved 2020-05-26.
- ↑ "Bennett Rosenthal Net Worth (2020) – wallmine.com". wallmine.com. Retrieved 2020-05-26.
- ↑ "Ares Capital IPO Raises $165 Million". Los Angeles Times. 2004-10-06. Retrieved 2020-05-26.
- ↑ 6.0 6.1 "BENNETT ROSENTHAL | Los Angeles Business Journal". labusinessjournal.com. Retrieved 2020-05-26.
- ↑ Fontevecchia, Agustino. "Ares Chief Tony Ressler A New Billionaire Worth $1.3B Despite Weak IPO". Forbes. Retrieved 2020-05-26.
- ↑ "Local Trio Takes Over as Managing Owners of LAFC". MLS Soccer. Unknown parameter
|url-status=ignored (help) - ↑ Rodriguez, Alicia (2016-08-09). "Big ownership changes come to LAFC". Angels on Parade. Retrieved 2020-05-26.
- ↑ "Apollo's Berg, Ares's Rosenthal Lead Soccer's LAFC Owner Group". Bloomberg. Unknown parameter
|url-status=ignored (help) - ↑ "LAFC, Target Ink First Sleeve Sponsorship in Major League Soccer". BloombergQuint. Retrieved 2020-05-26.
- ↑ "LAFC gets record-setting valuation of more than $700 million". Los Angeles Times. 2020-02-29. Retrieved 2020-05-26.
- ↑ "Who We Are? Community Involvement". Ares Management. Unknown parameter
|url-status=ignored (help)
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