ARES MANAGEMENT LLC

ARES Management Unearths Nostalgia with Exclusive Vintage 'Calvin and Hobbes' Collection

Los Angeles, CA – October 26, 2023 – ARES Management LLC, a leading global alternative investment manager headquartered in Los Angeles, today announced a unique offering that’s striking a chord with collectors and cartoon enthusiasts alike: a curated collection of vintage ‘Calvin and Hobbes’ merchandise and original art. This isn't your typical investment portfolio move for ARES, known for its expertise in credit, private equity, real estate and infrastructure – but it speaks to a broader strategy of identifying and nurturing valuable assets, even those rooted in pop culture. For those who grew up with Bill Watterson’s iconic comic strip, 'Calvin and Hobbes' requires little introduction. The adventures of the imaginative six-year-old Calvin and his philosophical stuffed tiger, Hobbes, graced the pages of newspapers from 1985 to 1995. The strip’s blend of whimsical humor, insightful commentary on childhood and society, and stunning watercolor artwork cemented its place as a true American classic. But finding pristine, original merchandise and artwork from this beloved strip has become increasingly difficult – until now. ARES, leveraging its expertise in asset identification and management, quietly began amassing a collection of rare ‘Calvin and Hobbes’ items over the past several years. What started as an internal passion project for some of the team members at the 2000 Avenue of the Stars headquarters has blossomed into a carefully curated offering available to a select group of collectors and investors. “We’re in the business of identifying things that hold long-term value,” explains a spokesperson for ARES. “Traditionally, that's been in financial assets. But value isn’t always measured in dollars and cents. ‘Calvin and Hobbes’ represents a cultural touchstone for an entire generation. The artwork is beautiful, the characters are timeless, and the nostalgia factor is incredibly strong. We saw an opportunity to apply our skills to something a little different – something that people genuinely connect with.” The collection isn’t just about mint-condition plush toys (though there are plenty of those!). ARES has sourced a diverse range of items, including: First Edition Sunday Collections: Highly sought-after hardcovers featuring the complete Sunday strips, in exceptional condition. These represent the pinnacle of 'Calvin and Hobbes' collecting. Original Strip Artwork: The holy grail for collectors, these hand-drawn strips by Bill Watterson himself are incredibly rare and command significant prices. ARES has secured a small number of these pieces, offering a unique investment opportunity. Vintage Merchandise: From 1980s and 90s t-shirts, mugs, and calendars, to limited-edition figurines and promotional items, the collection features a wide array of nostalgic treasures. Rare Promotional Materials: ARES has even unearthed early concept sketches, production notes, and advertising materials related to the strip, providing a fascinating glimpse into the creative process. Signed Copies: Autographed books and prints from Bill Watterson, adding an extra layer of value and authenticity to the collection. Why 'Calvin and Hobbes' Now? Several factors are driving renewed interest in 'Calvin and Hobbes' collectibles. The strip has experienced a resurgence in popularity thanks to social media, where fans share favorite strips and reminisce about their childhoods. The rise of nostalgia-driven consumer trends has also fueled demand for vintage merchandise and collectibles. Furthermore, the limited availability of original artwork and merchandise makes 'Calvin and Hobbes' a particularly attractive investment for collectors looking for rare and valuable assets. “There’s a real emotional connection to 'Calvin and Hobbes,'” explains a collector who recently acquired a piece from the ARES collection. “It’s not just about owning a collectible; it’s about owning a piece of your childhood. It brings back memories and reminds you of a simpler time.” ARES’ Approach to Collectible Asset Management ARES' venture into collectible asset management is a testament to the company’s adaptability and willingness to explore new investment opportunities. The firm’s team of experts has applied its rigorous due diligence process to the ‘Calvin and Hobbes’ collection, meticulously verifying the authenticity and condition of each item. They’ve also developed a sophisticated inventory management system to ensure the preservation and security of the collection. “We approach this just like any other investment,” says the ARES spokesperson. “We analyze the market, assess the value, and manage the risk. The key difference is that we’re also passionate about the underlying asset. We truly believe in the long-term value of 'Calvin and Hobbes' as a cultural icon.” Availability & Contact The ‘Calvin and Hobbes’ collection is not available to the general public. ARES is selectively offering pieces to a limited number of qualified collectors and investors. Interested parties are encouraged to contact ARES Management LLC directly at 650-290-0762 for further information. The firm is also exploring opportunities to partner with museums and institutions to showcase the collection and share the legacy of Bill Watterson’s timeless creation. This unexpected move by ARES Management demonstrates a forward-thinking approach to asset diversification and a recognition of the enduring power of pop culture. In a world increasingly dominated by digital experiences, the tangible connection to cherished childhood memories remains a powerful and valuable asset. And for those lucky enough to own a piece of the ‘Calvin and Hobbes’ collection curated by ARES, it’s a reminder that sometimes, the most valuable investments are the ones that bring you joy.

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