Investment adviser · CRD 131619

ARES CAPITAL MANAGEMENT LLC

Investment adviser filing (IA)

LOS ANGELES, CA, United States · Form ADV filed Aug 26, 2026

Regulatory AUM: $97.6B
Client accounts: 57
Employees: 634
Advisory professionals: 411

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Business development companies	2	$53,944,138,112	55.3%
Pooled investment vehicles	37	$31,377,117,512	32.1%
Sovereign wealth & foreign institutions	Fewer than 5	$5,057,506,670	5.2%
Insurance companies	7	$2,601,885,927	2.7%
Banks & thrifts	Fewer than 5	$2,200,837,489	2.3%
Other investment advisers	Fewer than 5	$1,023,250,912	1.0%
Other clients	Fewer than 5	$1,006,965,454	1.0%
Government entities	Fewer than 5	$405,014,433	0.4%

Filing source

Form ADV 2128666 · Aug 26, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

38 Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

ARES PRIVATE CREDIT SOLUTIONS (OFFSHORE) II, L.P.Hedge Fund · Last reported Aug 26, 2026$3.96BGross asset value

Feeder funds

ARES PCS CO-INVEST (OFFSHORE) II, L.P.

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LOS ANGELES, California, United States

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

Fund details & source

Fund ID: 805-2399014370
Reported beneficial owners: 72
Minimum commitment: $10M
Form D file number: 021-38069401

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

PRIVATE CREDIT FUND C-1 HOLDCO, LLC - SERIES 1Hedge Fund · Last reported Aug 26, 2026$3.48BGross asset value

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LOS ANGELES, California, United States

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

ERNST & YOUNG LLP
PCAOB 42

Fund details & source

Fund ID: 805-2072811903
Reported beneficial owners: 5
Minimum commitment: $0

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ARES PRIVATE CREDIT SOLUTIONS II, L.P.Hedge Fund · Last reported Aug 26, 2026$2.72BGross asset value

Feeder funds

ARES PCS CO-INVEST II, L.P.
ARES PRIVATE CREDIT SOLUTIONS II RATED NOTES FEEDER LLC

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LOS ANGELES, California, United States

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

Fund details & source

Fund ID: 805-4088607163
Reported beneficial owners: 35
Minimum commitment: $10M
Form D file number: 021-380694

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ARES SPORTS, MEDIA AND ENTERTAINMENT FINANCE II LPHedge Fund · Last reported Aug 26, 2026$1.7BGross asset value

Form D fundraising filings

Ares Sports, Media & Entertainment Finance II LP

Fund administrator SEI INVESTMENTS COMPANY OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LOS ANGELES, California, United States

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

Fund details & source

Fund ID: 805-5157488502
Reported beneficial owners: 5
Minimum commitment: $10M
Form D file number: 021-532842

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ARES PRIVATE CREDIT SOLUTIONS (CAYMAN), L.P.Hedge Fund · Last reported Aug 26, 2026$1.63BGross asset value

Feeder funds

PCS CO-INVEST (OFFSHORE), L.P.

Fund administrator SS&C TECHNOLOGIES COLUMBUS, Ohio, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LLP LOS ANGELES, California, United States

Custodian US BANK BOSTON, Massachusetts, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG LLP
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

Fund details & source

Fund ID: 805-7042122982
Reported beneficial owners: 78
Minimum commitment: $0
Form D file number: 021-28096701

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ARES SENIOR DIRECT LENDING MASTER FUND DESIGNATED ACTIVITY COMPANYHedge Fund · Last reported Aug 26, 2026$1.58BGross asset value

Feeder funds

ARES SDL CO-INVEST, L.P.
ARES SENIOR DIRECT LENDING FUND (CAYMAN) B, L.P.
ARES SENIOR DIRECT LENDING FUND (CAYMAN), L.P.
ARES SENIOR DIRECT LENDING FUND (DELAWARE), L.P.

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LOS ANGELES, California, United States

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC CULVER CITY, California, United States Related to adviser: Yes

Marketer KOREA INVESTMENT & SECURITIES CO., LTD. SEOUL, Korea, South Related to adviser: No

Marketer MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 801-14235

Fund details & source

Fund ID: 805-5262140304
Reported beneficial owners: 48
Minimum commitment: $25M

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

ARES CREDIT INVESTMENT PARTNERSHIP (CP), L.P.Hedge Fund · Last reported Aug 26, 2026$1.32BGross asset value

Form D fundraising filings

Ares Credit Investment Partnership (CP), L.P.

Fund administrator SEI OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor ERNST & YOUNG LOS ANGELES, California, United States

Custodian BANK OF NEW YORK HOUSTON, Texas, United States Related to adviser: No

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC CULVER CITY, California, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST & YOUNG
PCAOB 42

ARES MANAGEMENT CAPITAL MARKETS LLC
CRD 166219 · SEC 8-69194

Fund details & source

Fund ID: 805-2256633873
Reported beneficial owners: 4
Minimum commitment: $0
Form D file number: 021-460512

Form ADV 2128666 · Aug 26, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 26, 2026. View historical filings

Reported services

Investment company portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Performance-based

Principal office

1800 AVENUE OF THE STARS, SUITE 1400
LOS ANGELES, CA, 90067, United States

CRD 131619

Filing source

Form ADV 2128666 · Aug 26, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.