Investment adviser · CRD 130074

ARES MANAGEMENT LLC

LOS ANGELES, CA, United States · Form ADV filed Mar 31, 2025

Regulatory AUM: $359B
Client accounts: 589
Employees: 2,996
Advisory professionals: 1,092

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

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	534	$318,748,000,000	88.8%
Insurance companies	26	$30,075,609,810	8.4%
Sovereign wealth & foreign institutions	9	$4,780,953,245	1.3%
Retirement plans	12	$2,390,995,979	0.7%
Other clients	Fewer than 5	$2,193,506,151	0.6%
Corporations & businesses	Fewer than 5	$721,504,860	0.2%
Other investment advisers	Fewer than 5	$227,629,453	0.1%
Banks & thrifts	Fewer than 5	$9,497,390	0.0%

Filing source

Form ADV 1954528 · Mar 31, 2025 · Item 5.D

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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

543 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.

ACIP PARALLEL FUND A, L.P.Hedge Fund$787MGross asset value

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

Auditor ERNST & YOUNG LLP BOSTON, Massachusetts, United States Other funds reporting this name →

Custodian CITIBANK, N.A., BOSTON, Massachusetts, United States 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 KOREA INVESTMENT MANAGEMENT CO., LTD. PITTSBURGH, Pennsylvania, United States Related to adviser: No Other funds reporting this name →

Marketer MIRAE ASSET DAEWOO 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 42

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

KOREA INVESTMENT MANAGEMENT CO., LTD.
CRD 173361 · SEC 801-80643

Fund details & source

Fund ID: 805-3915992109
Reported beneficial owners: 69
Minimum commitment: $10M
Form D file number: 021-36921001

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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.

CRESCENT ASIA CONSUMER AND DEEP VALUE FUND II, L.P.Private Equity Fund · Master$777MGross asset value

Form D fundraising filings

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

Ares Asia Private Equity Fund III LP

Fund administrator SS&C FUND SERVICES (ASIA) PTE. LTD. SINGAPORE, Singapore Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

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

Custodian OVERSEA-CHINESE BANKING CORPORATION LIMITED SINGAPORE, Singapore 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

KPMG LLP
PCAOB 1051

Fund details & source

Fund ID: 805-9127940294
Reported beneficial owners: 48
Minimum commitment: $1M
Form D file number: 021-408232

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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.

NCL INVESTMENTS II - OUTSIDE OPPORTUNITIES SERIES APrivate Equity Fund$774MGross asset value

Form D fundraising filings

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

NCL INVESTMENTS II, L.P.

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

Custodian JP MORGAN NEW YORK, New York, United States 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

ERNST & YOUNG
PCAOB 42

Fund details & source

Fund ID: 805-8314409548
Reported beneficial owners: 1
Minimum commitment: $0
Form D file number: 021-308638

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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 LXXII CLO LTD.Securitized Asset Fund$770MGross asset value

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Fund administrator THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION HOUSTON, Texas, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON TRUST COMPANY, NATIONAL ASSOCIATION HUSTON, Texas, United States Related to adviser: No Other funds reporting this name →

Provider details

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

Fund details & source

Fund ID: 805-1833837425
Reported beneficial owners: 1
Minimum commitment: $250K

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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 XLIII CLO LTD.Securitized Asset Fund$762MGross asset value

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Fund administrator US BANK CORPORATE TRUST SERVICES BOSTON, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Custodian U.S. BANK, N.A. BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →

Marketer BNP PARIBAS SECURITIES CORP. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Provider details

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

BNP PARIBAS SECURITIES CORP.
CRD 15794 · SEC 8-32682

Fund details & source

Fund ID: 805-3569704943
Reported beneficial owners: 7
Minimum commitment: $250K

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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.

EIF UNITED STATES POWER FUND IV, L.P.Private Equity Fund · Master$758MGross asset value

Form D fundraising filings

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

EIF United States Power Fund IV, L.P.

Auditor ERNST & YOUNG BOSTON, Massachusetts, United States Other funds reporting this name →

Custodian CITIBANK, N.A. BOSTON, Massachusetts, United States 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

ERNST & YOUNG
PCAOB 42

Fund details & source

Fund ID: 805-4733510904
Reported beneficial owners: 100
Minimum commitment: $10M
Form D file number: 021-144859

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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 LXX CLO LTD.Securitized Asset Fund$756MGross asset value

Search Form D filings →

Fund administrator COMPUTERSHARE TRUST COMPANY, N.A. COLUMBIA, Maryland, United States Investor statements: No (provided to no investors) Related to adviser: No Other funds reporting this name →

Custodian COMPUTERSHARE TRUST COMPANY, N.A. COLUMBIA, Maryland, United States Related to adviser: No Other funds reporting this name →

Provider details

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

Fund details & source

Fund ID: 805-4185657565
Reported beneficial owners: 2
Minimum commitment: $250K

Form ADV 1954528 · Mar 31, 2025 · Schedule D 7.B.(1)

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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, 2025 · previous imported filing

Regulatory AUM$314,926,000,000 → $359,147,000,000
Client accounts535 → 589
Employees2,919 → 2,996

Filing source

Form ADV 1954528 · Mar 31, 2025 · Items 1 & 5

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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: $340B
Non-discretionary: $18.8B

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 1954528 · Mar 31, 2025 · Items 1 & 5

Reported by ARES MANAGEMENT LLC (CRD 130074).

Annual Updating Amendment for Registered Adviser · fiscal year 2024.

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.