    <SEC-DOCUMENT>0001104659-23-115041-index.html : 20231107
    <SEC-HEADER>0001104659-23-115041.hdr.sgml : 20231107
    <ACCEPTANCE-DATETIME>20231107084647
    ACCESSION NUMBER:		0001104659-23-115041
    CONFORMED SUBMISSION TYPE:	424B5
    PUBLIC DOCUMENT COUNT:		16
    FILED AS OF DATE:		20231107
    DATE AS OF CHANGE:		20231107

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Management Corp
    		CENTRAL INDEX KEY:			0001176948
    		STANDARD INDUSTRIAL CLASSIFICATION:	INVESTMENT ADVICE [6282]
    		IRS NUMBER:				954656677
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053
    		FILM NUMBER:		231381852

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVE OF THE STARS
    		STREET 2:		12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		3102014100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVE OF THE STARS
    		STREET 2:		12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	ARES MANAGEMENT LP
    		DATE OF NAME CHANGE:	20020701

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Holdings L.P.
    		CENTRAL INDEX KEY:			0001490706
    		IRS NUMBER:				260198197
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-07
    		FILM NUMBER:		231381853

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    	FORMER COMPANY:
    		FORMER CONFORMED NAME:	Ares Holdings LLC
    		DATE OF NAME CHANGE:	20100429

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Finance Co. IV LLC
    		CENTRAL INDEX KEY:			0001967038
    		IRS NUMBER:				000000000
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-01
    		FILM NUMBER:		231381859

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Finance Co. LLC
    		CENTRAL INDEX KEY:			0001967005
    		IRS NUMBER:				000000000
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-04
    		FILM NUMBER:		231381856

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Finance Co. II LLC
    		CENTRAL INDEX KEY:			0001967006
    		IRS NUMBER:				000000000
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-03
    		FILM NUMBER:		231381857

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			Ares Finance Co. III LLC
    		CENTRAL INDEX KEY:			0001967037
    		IRS NUMBER:				000000000
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-02
    		FILM NUMBER:		231381858

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		FLOOR 12
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			ARES MANAGEMENT LLC
    		CENTRAL INDEX KEY:			0001259313
    		IRS NUMBER:				010605583
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-05
    		FILM NUMBER:		231381855

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS
    		STREET 2:		12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067

    FILER:

    	COMPANY DATA:
    		COMPANY CONFORMED NAME:			ARES INVESTMENTS HOLDINGS LLC
    		CENTRAL INDEX KEY:			0001525554
    		IRS NUMBER:				272078819
    		STATE OF INCORPORATION:			DE
    		FISCAL YEAR END:			1231

    	FILING VALUES:
    		FORM TYPE:		424B5
    		SEC ACT:		1933 Act
    		SEC FILE NUMBER:	333-270053-06
    		FILM NUMBER:		231381854

    	BUSINESS ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    		BUSINESS PHONE:		310-201-4100

    	MAIL ADDRESS:
    		STREET 1:		2000 AVENUE OF THE STARS, 12TH FLOOR
    		CITY:			LOS ANGELES
    		STATE:			CA
    		ZIP:			90067
    </SEC-HEADER>
    <DOCUMENT>
    <TYPE>424B5
    <SEQUENCE>1
    <FILENAME>tm2325897-1_424b3.htm
    <DESCRIPTION>424B5
    <TEXT>
    Document 1 - file: tm2325897-1_424b3.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>bc_assets-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: bc_assets-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>bc_cagr-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: bc_cagr-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>bc_incentiveeligible-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: bc_incentiveeligible-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>bc_revenuecomposition-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: bc_revenuecomposition-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>fc_creditgroup-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 6 - file: fc_creditgroup-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>fc_structure-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 7 - file: fc_structure-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>lg_ares-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 8 - file: lg_ares-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>pc_aummanagement-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 9 - file: pc_aummanagement-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>pc_aummix-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 10 - file: pc_aummix-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>pc_aumnotpayingfees-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 11 - file: pc_aumnotpayingfees-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>pc_balancesheet-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 12 - file: pc_balancesheet-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>pc_equitygroup-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 13 - file: pc_equitygroup-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>pc_realassets-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 14 - file: pc_realassets-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>pc_secondaries-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 15 - file: pc_secondaries-4c.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>pc_strategy-4c.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 16 - file: pc_strategy-4c.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>