ARES MANAGEMENT, L.P. (NYSE:ARES) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
detailed earnings presentation announcing its financial results
for the fourth quarter and year ended December 31, 2016. A copy
of the summary press release and the earnings presentation are
attached hereto as Exhibit 99.1 and Exhibit 99.2, respectively,
and incorporated herein by reference.
99.1 and 99.2 hereto, is being furnished and shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934 and shall not be deemed incorporated by reference into
any filing made under the Securities Act of 1933, except as
expressly set forth by specific reference in such filing.
announcing the declaration of a fourth quarter 2016 distribution
of $0.28 per common unit, payable on March 24, 2017 to common
unitholders of record as of March 10, 2017. The text of the press
release is included as Exhibit 99.1 to this Form 8-K.
99.1 and 99.2 hereto, is being furnished and shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934 and shall not be deemed incorporated by reference into
any filing made under the Securities Act of 1933, except as
expressly set forth by specific reference in such filing.
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Exhibit Number
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Description
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99.1
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Press Release of Ares Management, L.P., dated February
24, 2017 |
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99.2
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Presentation of Ares Management, L.P., dated February
24, 2017 |
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About ARES MANAGEMENT, L.P. (NYSE:ARES)
Ares Management, L.P. is an alternative asset manager. The Company operates through four segments: Tradable Credit Group, Direct Lending Group, Private Equity Group and Real Estate Group. Its Tradable Credit Group is a participant in the tradable, non-investment grade corporate credit markets and manages various types of investment funds, ranging from commingled and separately managed accounts for institutional investors to publicly traded vehicles and sub-advised funds for retail investors. Its Direct Lending Group is a self-originating direct lender to the United States and European markets. Its Private Equity Group manages approximately five corporate private equity commingled funds focused on North America and Europe, a China growth fund, over five commingled funds and approximately six related co-investment vehicles focused on the United States power and energy assets. Its Real Estate Group manages public and private equity and debt strategies. ARES MANAGEMENT, L.P. (NYSE:ARES) Recent Trading Information
ARES MANAGEMENT, L.P. (NYSE:ARES) closed its last trading session up +0.75 at 23.05 with 64,747 shares trading hands.
