Investment adviser · CRD 130074

ARES MANAGEMENT LLC

LOS ANGELES, CA, United States · Form ADV filed Mar 27, 2026

Regulatory AUM: $459B
Client accounts: 715
Employees: 3,990
Advisory professionals: 1,550

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$203,424,579,297	1,769	Mar 31, 2022
2022	$253,185,903,529	2,378	Mar 31, 2023
2023	$314,926,162,888	2,919	Mar 28, 2024
2024	$359,147,000,000	2,996	Mar 31, 2025
2025	$458,821,489,418	3,990	Mar 27, 2026

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
Pooled investment vehicles	655	$403,549,241,688	88.0%
Insurance companies	27	$40,325,960,452	8.8%
Sovereign wealth & foreign institutions	Fewer than 5	$5,731,289,077	1.2%
Retirement plans	13	$4,925,207,418	1.1%
Other clients	7	$2,941,983,189	0.6%
Corporations & businesses	Fewer than 5	$1,112,238,528	0.2%
Other investment advisers	Fewer than 5	$235,569,066	0.1%

Filing source

Form ADV 2069908 · Mar 27, 2026 · Item 5.D

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

653 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

ARES SENIOR DIRECT LENDING PARALLEL FUND (L) II, L.P.Hedge Fund · Master$1.45BGross asset value

Search Form D filings →

Fund administrator SEI INVESTMENTS COMPANY OAKS, Pennsylvania, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LOS ANGELES, California, United States Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. HOUSTON, Texas, United States Related to adviser: No Other funds reporting this name →

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes Other funds reporting this name →

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: 805-8369751762
Reported beneficial owners: 27
Minimum commitment: $25M
Form D file number: 021-40401503
Form D file number: 021-40401505

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

JIF JAPAN PARTNERS LPReal Estate Fund$1.43BGross asset value

Search Form D filings →

Auditor KPMG SINGAPORE SINGAPORE, Singapore Other funds reporting this name →

Custodian SUMITOMO MITSUI TRUST BANK, LIMITED TOKYO, Japan Related to adviser: No Other funds reporting this name →

Provider details

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

KPMG SINGAPORE
PCAOB 1051

Fund details & source

Fund ID: 805-3463230314
Reported beneficial owners: 25
Minimum commitment: $0

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

ARES CAPITAL EUROPE V (G) UNLEVEREDHedge Fund$1.41BGross asset value

Search Form D filings →

Fund administrator SEI INVESTMENTS DUBLIN, Ireland Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LLP LUXEMBOURG, Luxembourg Other funds reporting this name →

Custodian BANK OF NEW YORK MELLON LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC CULVER CITY, California, United States Related to adviser: Yes Other funds reporting this name →

Marketer EUGENE INVESTMENTS & SECURITIES CO., LTD SEOUL, Korea, South Related to adviser: No Other funds reporting this name →

Marketer PICTON S.A. SANTIAGO, Chile Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details

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

ERNST & YOUNG LLP
PCAOB 1367

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

Fund details & source

Fund ID: 805-6654158314
Reported beneficial owners: 27
Minimum commitment: $0
Form D file number: 021-37585103

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

ARES CAPITAL EUROPE IV (E) UNLEVEREDHedge Fund$1.4BGross asset value

Search Form D filings →

Fund administrator SEI INVESTMENTS DUBLIN, Ireland Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LLP LUXEMBOURG, Luxembourg Other funds reporting this name →

Custodian BANK OF NEW YORK MELLON LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC CULVER CITY, California, United States Related to adviser: Yes Other funds reporting this name →

Marketer EUGENE INVESTMENTS & SECURITIES CO., LTD SEOUL, Korea, South Related to adviser: No Other funds reporting this name →

Marketer MERITZ SECURITIES CO., LTD. SEOUL, Korea, South Related to adviser: No Other funds reporting this name →

See filing for more → Showing the first 6 providers by role and name. IAPD may show a newer filing.

Provider details

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

ERNST & YOUNG LLP
PCAOB 1367

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

Fund details & source

Fund ID: 805-7540100631
Reported beneficial owners: 59
Minimum commitment: $0
Form D file number: 021-311231

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

ARES EUROPEAN CREDIT STRATEGIES FUND X (T), L.P.Hedge Fund$1.39BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

ARES EUROPEAN CREDIT STRATEGIES FUND X (T), L.P.

Fund administrator SS&C TECHNOLOGIES LONDON, United Kingdom Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LLP LONDON, United Kingdom Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON DUBLIN, Ireland Related to adviser: No Other funds reporting this name →

Provider details

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

ERNST & YOUNG LLP
PCAOB 1438

Fund details & source

Fund ID: 805-5339210828
Reported beneficial owners: 1
Minimum commitment: $0
Form D file number: 021-326450

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

ARES EUROPEAN REAL ESTATE FUND V SCSPHedge Fund · Master$1.38BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Ares European Real Estate Fund V SCSp

Fund administrator SEI INVESTMENTS COMPANY DUBLIN, Ireland Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LONDON, United Kingdom Other funds reporting this name →

Custodian SOCIETE GENERALE BANK & TRUST LUXEMBOURG, Luxembourg Related to adviser: No Other funds reporting this name →

Marketer ARES MANAGEMENT CAPITAL MARKETS LLC LOS ANGELES, California, United States Related to adviser: Yes Other funds reporting this name →

Marketer MONT-FORT FUNDS AG VERBIER, Switzerland Related to adviser: No Other funds reporting this name →

Provider details

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

ERNST & YOUNG
PCAOB 1438

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

Fund details & source

Fund ID: 805-6996182692
Reported beneficial owners: 21
Minimum commitment: $11.5M
Form D file number: 021-308433

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

ARES EUROPEAN CREDIT INVESTMENTS VII (CP), L.P.Hedge Fund$1.38BGross asset value

Search Form D filings →

Fund administrator SS&C TECHNOLOGIES LONDON, United Kingdom Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Auditor ERNST & YOUNG LLP LONDON, United Kingdom Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON DUBLIN, Ireland Related to adviser: No Other funds reporting this name →

Provider details

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

ERNST & YOUNG LLP
PCAOB 1438

Fund details & source

Fund ID: 805-9808671930
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2069908 · Mar 27, 2026 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

View a filing

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Feb 24, 2026 · previous imported filing

Regulatory AUM$359,147,435,843 → $458,821,489,418
Client accounts589 → 715
Employees2,996 → 3,990

Filing source

Form ADV 2069908 · Mar 27, 2026 · Items 1 & 5

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $434B
Non-discretionary: $24.9B

Reported services

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 130074

Filing source

Form ADV 2069908 · Mar 27, 2026 · Items 1 & 5

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2025.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.