7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-06-30 2017-03-31 2016-06-30 2016-03-31 2015-12-31 2015-09-30 
      
    		                                    
      assets
    		                                    
      cash and cash equivalents
    		496,669,000 509,656,000 618,536,000 1,507,976,000 350,138,000 284,445,000 346,331,000 348,274,000 311,827,000 276,827,000 272,249,000 389,987,000 361,500,000 252,867,000 346,042,000 343,655,000 295,704,000 582,906,000 609,872,000 539,812,000 868,752,000 890,040,000 1,167,673,000 138,384,000 152,203,000 247,220,000 120,498,000 122,192,000 125,448,000 115,540,000 137,256,000 103,989,000 264,588,000 109,934,000 121,483,000 387,678,000 
      investments
    		5,755,803,000 5,122,676,000 4,892,289,000 4,644,775,000 4,692,520,000 4,415,428,000 4,484,884,000 4,624,932,000 4,436,746,000 4,466,226,000 4,100,683,000 3,974,734,000 4,112,393,000 3,927,506,000 3,861,835,000 3,684,264,000 3,322,665,000 2,916,226,000 1,931,978,000 1,682,759,000 1,601,916,000 1,479,487,000 1,190,604,000 1,663,664,000 1,779,864,000 1,566,042,000 1,475,955,000 1,415,648,000 1,466,247,000 1,811,829,000 598,681,000 488,480,000 484,537,000 495,984,000 468,287,000 440,141,000 
      due from affiliates
    		1,334,225,000 1,134,516,000 1,122,790,000 1,056,608,000 870,779,000 816,535,000 809,273,000 896,746,000 690,475,000 643,444,000 707,804,000 758,472,000 561,503,000 552,137,000 494,518,000 670,383,000 493,411,000 370,630,000 335,450,000 405,887,000 328,059,000 258,126,000 288,030,000 268,099,000 245,276,000 234,081,000 209,254,000 183,986,000 172,428,000 168,810,000 157,372,000 180,907,000 166,039,000 165,781,000 144,982,000 150,539,000 
      other assets
    		857,551,000 914,061,000 863,339,000 774,654,000 641,120,000 579,509,000 519,292,000 429,979,000 306,492,000 252,646,000 267,068,000 381,137,000 275,189,000 265,166,000 285,836,000 1,122,727,000 1,006,870,000 1,868,450,000 779,941,000 812,419,000 781,295,000 368,696,000 426,911,000 341,293,000 296,302,000 358,091,000 326,656,000 102,411,000 100,183,000 105,187,000 101,520,000 82,902,000 65,160,000 61,607,000 61,402,000 56,932,000 
      right-of-use operating lease assets
    		526,042,000 540,463,000 546,814,000 511,319,000 426,483,000 231,518,000 237,019,000 249,326,000 259,537,000 170,911,000 154,970,000 155,950,000 159,686,000 153,929,000 161,088,000 167,652,000 176,511,000 166,889,000 157,908,000 154,742,000 136,392,000 140,041,000 145,225,000 143,406,000 148,170,000 152,579,000 156,075,000          
      intangible assets
    		2,166,249,000 2,220,065,000 2,276,847,000 975,828,000 969,976,000 1,001,126,000 1,030,076,000 1,058,495,000 1,033,590,000 1,130,673,000 1,166,607,000 1,208,220,000 1,238,108,000 1,453,678,000 1,490,591,000 1,422,818,000 1,452,690,000           32,756,000 33,999,000 37,178,000 47,766,000 53,040,000 70,568,000 77,689,000 84,971,000 93,616,000 
      goodwill
    		3,437,450,000 3,436,192,000 3,499,341,000 1,162,636,000 1,133,074,000 1,130,327,000 1,130,085,000 1,123,976,000 997,801,000 998,020,000 998,937,000 999,656,000 996,740,000 998,444,000 1,000,289,000             143,827,000 143,848,000 143,968,000 143,824,000 143,755,000 143,855,000 144,017,000 144,067,000 144,123,000 
      assets of consolidated funds:
    		                                    
      investments held in trust account
    		 558,150,000 556,498,000 550,800,000 544,254,000 536,846,000 529,887,000 523,038,000 1,002,787,000 1,000,949,000 484,901,000 1,013,382,000                         
      investments, at fair value
    		11,254,240,000 11,557,348,000 11,419,808,000 12,187,044,000 13,310,098,000 13,678,134,000 13,790,030,000 14,078,549,000 13,221,997,000 13,090,939,000 12,641,251,000 12,191,251,000 11,569,191,000 11,551,482,000 11,661,567,000 11,816,393,000 10,360,854,000 10,592,646,000 10,948,173,000 10,877,097,000 10,604,856,000 10,005,632,000 9,094,565,000 8,727,947,000 8,271,481,000 7,926,615,000 7,546,822,000 7,515,383,000 6,968,067,000 5,479,136,000 3,441,802,000 3,405,891,000 2,529,173,000 2,553,169,000 2,559,783,000 2,785,753,000 
      receivable for securities sold
    		147,795,000 191,431,000 142,902,000 202,782,000 176,475,000 182,945,000 243,998,000 146,851,000 153,210,000 197,729,000 305,418,000 124,050,000 189,823,000 195,831,000 304,282,000 281,132,000 187,230,000 252,487,000 166,960,000 121,225,000 197,518,000 276,692,000 355,149,000 88,809,000 85,701,000 76,993,000 79,067,000 95,490,000 225,764,000 83,718,000 52,494,000 45,936,000 65,384,000 53,976,000 13,416,000 25,785,000 
      total assets
    		27,032,166,000 27,264,941,000 27,181,768,000 24,884,308,000 24,522,650,000 24,192,557,000 24,413,270,000 24,730,500,000 23,383,893,000 23,118,806,000 21,928,582,000 22,002,839,000 21,206,326,000 21,226,215,000 21,131,203,000 21,605,164,000 19,934,398,000 18,639,587,000 16,535,929,000 15,168,992,000 14,928,993,000 13,719,957,000 13,216,929,000 12,014,196,000 11,596,756,000 10,979,749,000 10,489,314,000 10,421,600,000 10,144,735,000 8,560,082,000 6,244,449,000 5,718,103,000 4,671,604,000 4,336,333,000 4,321,408,000 4,755,970,000 
      liabilities
    		                                    
      accounts payable, accrued expenses and other liabilities
    		935,366,000 875,754,000 855,831,000 363,872,000 328,883,000 274,144,000 262,551,000 233,884,000 264,485,000 267,198,000 261,298,000 231,921,000 305,131,000 256,620,000 263,412,000 279,673,000 208,141,000 140,538,000 119,578,000 115,289,000 126,113,000 104,017,000 90,613,000 88,173,000 71,077,000 76,838,000 57,694,000 76,648,000 73,227,000 78,771,000 84,745,000 78,788,000 104,617,000 108,304,000   
      accrued compensation
    		656,737,000 438,196,000 300,756,000 280,894,000 401,035,000 296,784,000 217,788,000 287,259,000 361,017,000 250,790,000 214,135,000 510,130,000 595,330,000 404,821,000 285,109,000 310,222,000 309,569,000 202,814,000 89,791,000 103,010,000 215,765,000 123,123,000 69,702,000 37,795,000 168,539,000 114,936,000 64,568,000 127,481,000 87,254,000 49,944,000 89,100,000 56,256,000 91,743,000 55,911,000 125,032,000 114,807,000 
      due to affiliates
    		626,592,000 587,400,000 721,848,000 500,480,000 416,041,000 349,222,000 363,308,000 240,254,000 210,729,000 192,153,000 183,451,000 252,798,000 122,307,000 133,422,000 194,407,000 198,553,000 202,438,000 98,444,000 77,817,000 100,186,000 63,853,000 61,025,000 73,050,000 71,445,000 57,551,000 65,527,000 69,777,000 59,456,000 62,344,000 21,018,000 23,891,000 20,767,000 19,096,000 38,100,000 11,163,000 8,740,000 
      performance related compensation payable
    		2,992,638,000 2,669,386,000 2,599,227,000 2,537,203,000 2,518,898,000 2,341,094,000 2,449,732,000 2,514,610,000 2,538,450,000 2,579,564,000 2,365,230,000 2,282,209,000 2,402,019,000 2,280,764,000 2,286,748,000 2,190,352,000 1,895,343,000 1,608,141,000 968,582,000 813,378,000 741,635,000 715,181,000 532,665,000 829,764,000 905,949,000 772,592,000 704,278,000 688,100,000 730,782,000 856,421,000       
      debt obligations
    		3,675,783,000 3,675,154,000 3,544,527,000 2,558,914,000 2,542,358,000 2,566,887,000 3,046,182,000 2,965,480,000 2,340,173,000 2,299,731,000 2,369,292,000 2,273,854,000 2,018,462,000 1,967,989,000 1,942,624,000 1,503,709,000 1,238,325,000 1,088,050,000 811,279,000 642,998,000 642,665,000 642,474,000 1,046,775,000 316,609,000 246,442,000 566,277,000 566,113,000 350,789,000 370,628,000 590,169,000 510,856,000 488,221,000 279,430,000 471,274,000 389,120,000 595,740,000 
      operating lease liabilities
    		676,372,000 686,745,000 686,038,000 641,864,000 535,686,000 304,205,000 308,336,000 319,572,000 326,902,000 206,816,000 191,090,000 190,616,000 193,180,000 189,175,000 197,312,000 205,075,000 214,681,000 198,289,000 186,594,000 180,236,000 161,737,000 164,521,000 169,828,000 168,817,000             
      liabilities of consolidated funds:
    		                                    
      payable for securities purchased
    		361,855,000 244,012,000 415,332,000 332,406,000 377,026,000 503,533,000 548,032,000 484,117,000 512,879,000 554,555,000 549,415,000 314,193,000 419,726,000 667,375,000 561,154,000 1,118,456,000 863,007,000 1,329,530,000 781,845,000 514,946,000 684,591,000 449,169,000 796,316,000 500,146,000 514,717,000 369,465,000 591,137,000 531,615,000 744,534,000 239,139,000 231,634,000 211,001,000 162,898,000 71,480,000 51,778,000 26,934,000 
      clo loan obligations, at fair value
    		7,588,847,000 8,442,225,000 8,522,002,000 9,672,189,000 11,070,261,000 11,491,761,000 11,906,346,000 12,345,657,000 11,460,963,000 11,460,999,000 10,918,007,000 10,701,720,000 10,313,881,000 10,309,475,000 10,397,615,000 10,657,661,000 10,174,794,000 9,296,585,000 9,839,639,000 9,958,076,000 9,608,127,000 9,228,687,000 8,354,458,000 7,973,748,000 7,407,720,000 7,030,841,000 6,547,496,000 6,884,696,000 6,333,239,000 4,937,264,000 3,093,598,000 2,975,484,000 2,168,346,000 2,167,773,000 2,174,352,000  
      fund borrowings
    		785,281,000 667,006,000 603,307,000 275,000,000 273,000,000 137,241,000 78,241,000 125,241,000 80,741,000 65,050,000 103,046,000 168,046,000 149,546,000 155,367,000 145,088,000 127,771,000 99,240,000 122,409,000 110,409,000 121,909,000 162,733,000 167,037,000 35,440,000 107,244,000 124,203,000 126,110,000 150,733,000 133,744,000 138,438,000 140,653,000 83,725,000 48,656,000 12,484,000 12,484,000 11,734,000 161,734,000 
      total liabilities
    		18,400,136,000 18,425,558,000 18,389,821,000 17,485,922,000 18,643,116,000 18,435,543,000 19,382,799,000 19,709,151,000 18,339,676,000 18,103,070,000 17,342,469,000 17,097,810,000 16,641,576,000 16,464,550,000 16,367,235,000 16,694,730,000 15,295,223,000 14,181,617,000 13,084,629,000 12,596,852,000 12,458,673,000 11,716,209,000 11,241,333,000 10,155,598,000 9,753,974,000 9,377,425,000 9,009,490,000 8,930,281,000 8,609,486,000 6,994,887,000 4,995,976,000 4,540,485,000 3,356,962,000 3,375,026,000 3,329,497,000 3,737,467,000 
      commitments and contingencies
    		                                    
      redeemable interest in consolidated funds
    		 558,050,000 556,398,000 550,700,000 544,154,000 536,746,000 529,787,000 522,938,000 1,002,587,000 1,000,749,000 484,801,000 1,013,282,000 1,004,994,000 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000 916,824,000 930,924,000                  
      redeemable interest in ares operating group entities
    		25,750,000 24,135,000 23,710,000 23,496,000 25,111,000 23,178,000 23,612,000 24,098,000 23,176,000 22,517,000 21,942,000 93,129,000 92,108,000 93,518,000 96,347,000 96,008,000 98,649,000 100,031,000 99,808,000 100,366,000 99,439,000            23,521,000 23,353,000 23,505,000 23,632,000 
      non-controlling interests in consolidated funds
    		2,514,018,000 2,327,565,000 2,140,044,000 2,025,666,000 1,948,946,000 1,905,921,000 1,515,302,000 1,258,445,000 1,053,433,000 971,309,000 1,171,402,000 1,074,356,000 834,710,000 798,476,000 700,913,000 591,452,000 464,400,000 561,205,000 552,688,000 539,720,000 537,101,000                
      non-controlling interests in ares operating group entities
    		1,618,234,000 1,567,802,000 1,617,688,000 1,254,878,000 1,285,248,000 1,289,401,000 1,194,276,000 1,322,469,000 1,231,842,000 1,271,157,000 1,238,074,000 1,135,023,000 1,121,277,000 1,230,305,000 1,273,660,000 1,397,747,000 1,322,866,000 1,257,628,000 706,381,000 738,369,000 691,609,000                
      stockholders’ equity
    		                                    
      series b mandatory convertible preferred stock, 0.01 par value, 1,000,000,000 shares authorized
    		1,460,758,000 1,459,918,000 1,459,918,000 1,458,771,000                                 
      class a common stock
    		2,168,000 2,159,000 2,149,000 1,999,000 1,983,000 1,957,000 1,911,000 1,871,000 1,844,000 1,812,000 1,777,000 1,739,000 1,724,000 1,718,000 1,715,000 1,684,000 1,676,000 1,631,000 1,498,000 1,472,000 1,438,000 1,353,000 1,324,000 1,152,000 1,147,000 1,075,000 1,031,000          
      non-voting common stock, 0.01 par value, 500,000,000 shares authorized
    		35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000 35,000                   
      class b common stock
    		                                    
      class c common stock, 0.01 par value, 499,999,000 shares authorized
    		1,065,000 1,073,000 1,081,000 1,098,000 1,112,000 1,133,000 1,151,000 1,170,000 1,181,000 1,197,000 1,206,000 1,172,000 1,183,000 1,184,000 1,185,000 1,186,000 1,188,000 1,176,000 1,122,000 1,124,000 1,146,000 1,148,000 1,152,000              
      additional paid-in-capital
    		4,198,927,000 4,088,061,000 4,040,708,000 2,936,794,000 2,856,893,000 2,721,980,000 2,387,437,000 2,391,036,000 2,262,735,000 2,182,173,000 2,100,043,000 1,970,754,000 1,911,736,000 1,880,321,000 1,851,057,000 1,913,559,000 1,881,913,000 1,750,144,000 1,033,735,000 1,043,669,000 1,011,697,000 800,077,000 746,595,000 525,244,000 507,531,000 379,789,000 332,305,000          
      accumulated deficit
    		-1,218,682,000 -1,221,611,000 -1,074,128,000 -837,294,000 -792,398,000 -712,856,000 -612,560,000 -495,083,000 -515,351,000 -425,526,000 -420,822,000 -369,475,000 -374,198,000 -226,700,000 -154,925,000                      
      accumulated other comprehensive income, net of tax
    		29,757,000 32,196,000 24,344,000  8,450,000           -1,855,000 -2,571,000 696,000 -62,000 483,000                 
      total stockholders’ equity
    		4,474,028,000 4,361,831,000 4,454,107,000 3,543,646,000 2,076,075,000 2,001,768,000 1,767,494,000 1,893,399,000 1,733,179,000 1,750,004,000 1,669,894,000 1,589,239,000      1,622,282,000                   
      total equity
    		8,606,280,000 8,257,198,000 8,211,839,000 6,824,190,000 5,310,269,000 5,197,090,000 4,477,072,000 4,474,313,000 4,018,454,000 3,992,470,000 4,079,370,000 3,798,618,000 3,467,648,000 3,668,147,000 3,667,621,000 3,814,426,000 3,540,526,000 3,441,115,000 2,420,568,000 2,471,774,000 2,370,881,000 2,003,748,000 1,975,596,000 1,858,598,000 1,842,782,000 1,602,324,000 1,479,824,000 1,491,319,000 1,535,249,000 1,565,195,000 1,248,473,000 1,177,618,000 1,291,121,000 937,954,000 968,406,000 994,871,000 
      total liabilities, redeemable interest, non-controlling interests and equity
    		27,032,166,000 27,264,941,000 27,181,768,000 24,884,308,000 24,522,650,000 24,192,557,000 24,413,270,000 24,730,500,000 23,383,893,000 23,118,806,000 21,928,582,000 22,002,839,000 21,206,326,000 21,226,215,000 21,131,203,000 21,605,164,000 19,934,398,000 18,639,587,000 16,535,929,000 15,168,992,000 14,928,993,000            4,671,604,000 4,336,333,000 4,321,408,000 4,755,970,000 
      accumulated other comprehensive loss, net of tax
    		   -17,757,000  -10,481,000 -10,480,000 -5,630,000 -17,265,000 -9,687,000 -12,345,000 -14,986,000 -28,819,000 -17,192,000 -6,019,000      -6,787,000 -11,237,000 -10,849,000 -6,047,000 -11,010,000 -8,879,000 -7,240,000 -7,403,000 -6,758,000 -4,001,000 -7,403,000      
      u.s. treasury securities, at fair value
    		            1,005,094,000 1,000,490,000 1,000,615,000 1,000,285,000 1,000,165,000 1,000,057,000 1,000,040,000                  
      stockholders' equity
    		                                    
      total stockholders' equity
    		            1,511,661,000 1,639,366,000 1,693,048,000 1,825,227,000 1,753,260,000  1,161,499,000 1,193,685,000 1,142,171,000 945,057,000 898,612,000 768,290,000 752,121,000 635,499,000 599,678,000          
      series a preferred stock, 0.01 par value, 1,000,000,000 shares authorized
    		                  298,761,000 298,761,000 298,761,000 298,761,000 298,761,000 298,761,000 298,761,000 298,761,000 298,761,000          
      retained earnings
    		               -89,382,000 -128,981,000 -131,400,000 -173,555,000 -151,824,000 -164,084,000 -145,045,000 -138,371,000 -50,820,000 -44,308,000 -35,247,000 -25,179,000          
      ​
    		                                    
      non-controlling interest in consolidated funds
    		                     506,201,000 562,818,000 618,020,000 639,676,000 613,943,000 552,846,000 578,420,000 577,217,000 544,380,000 345,462,000 369,447,000 334,207,000 332,395,000 320,238,000 311,864,000 
      non-controlling interest in ares operating group entities
    		                     552,490,000 514,166,000 472,288,000 450,985,000 352,882,000 327,300,000 319,820,000 316,048,000 348,820,000 333,641,000 278,936,000 397,640,000 374,931,000 397,883,000 416,499,000 
      total liabilities, non-controlling interests and equity
    		                     13,719,957,000 13,216,929,000 12,014,196,000 11,596,756,000 10,979,749,000 10,489,314,000     5,718,103,000     
      right-of-use operating lease liabilities
    		                        174,078,000 179,192,000 183,037,000          
      deferred tax asset
    		                           16,240,000 42,942,000 50,986,000 39,080,000 43,929,000     
      dividends and interest receivable
    		                           16,534,000 14,634,000 12,096,000 6,797,000 7,426,000 9,545,000 11,096,000 13,005,000 12,812,000 
      preferred equity
    		                           298,761,000 298,761,000 298,761,000 298,761,000 298,761,000 298,971,000    
      controlling interest in ares management, l.p.:
    		                                    
      shareholders' equity
    		                           301,721,000 349,981,000 377,235,000       
      total controlling interest in ares management, l.p.
    		                           294,318,000 343,223,000 373,234,000       
      total liabilities and equity
    		                           10,421,600,000 10,144,735,000 8,560,082,000 6,244,449,000      
      performance fees receivable
    		                              1,082,775,000 809,008,000 626,064,000 524,271,000 534,661,000 561,468,000 
      performance fee compensation payable
    		                              844,789,000 631,460,000 480,979,000 394,668,000 401,715,000 412,269,000 
      controlling interest in ares management, l.p. :
    		                                    
      partners' capital
    		                              278,012,000 238,212,000 268,835,000 236,270,000 251,537,000 258,305,000 
      total controlling interest in ares management, l.p
    		                              270,609,000 230,474,000 260,303,000 230,628,000 246,917,000 256,048,000 
      revenues
    		                                    
      management fees
    		                              180,768,000 172,045,000 158,521,000 158,433,000 634,399,000 158,051,000 
      performance fees
    		                              338,024,000 55,172,000 203,151,000 -29,947,000 150,615,000 -22,223,000 
      administrative and other fees
    		                              15,098,000 14,440,000 7,863,000    
      total revenues
    		                              533,890,000 241,657,000 369,535,000 136,015,000 814,442,000 143,854,000 
      expenses
    		                                    
      compensation and benefits
    		                              131,219,000 124,339,000 112,654,000 110,679,000 414,454,000 104,872,000 
      performance fee compensation
    		                              261,705,000 40,702,000 151,896,000 -21,330,000 111,683,000 -20,293,000 
      general, administrative and other incomes
    		                              50,751,000 47,338,000 38,686,000 39,962,000 224,798,000 50,862,000 
      transaction support expense
    		                               275,177,000     
      expenses of the consolidated funds
    		                              4,522,000 3,911,000     
      total expenses
    		                              448,197,000 491,467,000 303,935,000 129,538,000 769,040,000 136,386,000 
      other income
    		                              2,822,000 16,496,000 5,673,000 5,241,000 21,680,000 2,769,000 
      investment income and net interest income
    		                              -2,252,000      
      net realized and unrealized gain on investments
    		                              30,079,000 2,655,000 -3,151,000 5,142,000   
      investment income and net interest income of the consolidated funds
    		                              11,451,000      
      net realized and unrealized gain on investments of the consolidated funds
    		                              -12,713,000 32,036,000     
      total other income
    		                              29,387,000 59,222,000 17,406,000 -15,451,000 36,082,000 -39,553,000 
      income before taxes
    		                              115,080,000 -190,588,000 83,006,000 -8,974,000 81,484,000 -32,085,000 
      income tax benefit
    		                              1,253,000 -34,264,000 -4,434,000    
      net income
    		                              113,827,000 -156,324,000 87,440,000 -13,639,000 62,420,000 -37,664,000 
      less: net income attributable to non-controlling interests in consolidated funds
    		                              -8,647,000 15,855,000 1,054,000 -11,979,000 -5,686,000 -9,219,000 
      less: net income attributable to redeemable interests in ares operating group entities
    		                                339,000 10,000 338,000 -119,000 
      less: net income attributable to non-controlling interests in ares operating group entities
    		                              72,596,000 -131,045,000 48,473,000 1,420,000 48,390,000 -16,977,000 
      net income attributable to ares management, l.p.
    		                              49,878,000 -41,134,000 37,574,000 -3,090,000 19,378,000 -11,349,000 
      less: preferred equity distributions paid
    		                              5,425,000 5,425,000     
      net income attributable to ares management, l.p. common unitholders
    		                              44,453,000 -46,559,000     
      net income attributable to ares management, l.p. per common unit:
    		                                    
      basic
    		                              540 -580 460 -40 230 -140 
      diluted
    		                              530 -580 460 -40 230 -140 
      weighted-average common units:
    		                                    
      distribution declared and paid per common unit
    		                              130 280 150 200   
      non-controlling interest in consolidated funds:
    		                                    
      accumulated other comprehensive loss
    		                               -7,738,000 -8,532,000 -5,642,000 -4,619,000  
      net interest and investment expense
    		                               -2,135,000     
      net interest and investment income of the consolidated funds
    		                               10,170,000 9,690,000 7,332,000   
      equity compensation put option liability
    		                                20,000,000 20,000,000 20,000,000 20,000,000 
      deferred tax liability
    		                                6,628,000 21,603,000 21,288,000 18,687,000 
      equity appropriated for consolidated funds
    		                                  3,367,000 10,460,000 
      consolidated funds' expenses
    		                                699,000 227,000 18,105,000 945,000 
      net interest and investment income
    		                                4,993,000 -3,359,000   
      net realized and unrealized gain on investments of consolidated funds
    		                                201,000    
      weighted-average common units
    		                                    
      other fees
    		                                 7,529,000 29,428,000 8,026,000 
      net realized and unrealized loss on investments of consolidated funds
    		                                 -29,807,000   
      income tax expense
    		                                 4,665,000 19,064,000 5,579,000 
      restricted cash and cash equivalents
    		                                  234,000 554,000 
      derivative assets, at fair value
    		                                  1,339,000 520,000 
      loans held for investment
    		                                    
      accounts payable and accrued expenses
    		                                  103,974,000 138,945,000 
      derivative liabilities, at fair value
    		                                  390,000 1,802,000 
      securities sold short, at fair value
    		                                    
      mezzanine debt
    		                                    
      interest and other investment income
    		                                  14,045,000 1,049,000 
      interest expense
    		                                  -18,949,000 -5,913,000 
      debt extinguishment expense
    		                                  -11,641,000  
      net realized gain on investments
    		                                  20,090,000 -1,078,000 
      net change in unrealized appreciation on investments
    		                                  -3,081,000  
      interest and other investment income of consolidated funds
    		                                  117,373,000 32,306,000 
      interest expense of consolidated funds
    		                                  -78,819,000 -23,848,000 
      debt extinguishment gain of consolidated funds
    		                                    
      net realized gain on investments of consolidated funds
    		                                  -8,659,000 -1,517,000 
      net change in unrealized appreciation (depreciation) on investments of consolidated funds
    		                                  -15,957,000 -36,715,000 
      less: net income attributable to redeemable interests in consolidated funds
    		                                    
      less: net income attributable to controlling interests in predecessor
    		                                    
      distribution declared per common unit
    		                                  880 260 
      clo loan obligations
    		                                   2,221,144,000 
      accumulated other comprehensive income
    		                                   -2,257,000 
      net change in unrealized appreciation (depreciation) on investments
    		                                   -6,606,000 
      net income attributable to ares management, l.p. per common unit
    		                                    
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.